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Tag: Vietnam

Posted on March 3, 2024

Property tycoon ‘embezzled $12bn’ in Vietnam’s biggest fraud case

Inadequate whistleblower protection and financial transparency regulations make it more difficult to detect graft and fraud cases, but Vietnam is not the only country grappling with corruption and its …
Posted on March 3, 2024

Property tycoon ‘embezzled $12bn’ in Vietnam’s biggest fraud case

Inadequate whistleblower protection and financial transparency regulations make it more difficult to detect graft and fraud cases, but Vietnam is not the only country grappling with corruption and its …
Posted on March 3, 2024

Property Tycoon Accused of Embezzling $12 Billion in Vietnam’s Biggest Fraud Case

For several years, Truong My Lan held meetings on the 39th floor of the sleek Times Square tower in the heart of Vietnam’s commercial hub, Ho Chi Minh City. There, in a room that acted as her command …
Posted on March 2, 2024

Following a blistering debut in Vietnam, WFIS now pacing towards bigger disruptions in 2024

Southeast Asia’s most reputed FSI platform, World Financial Innovation Series (WFIS) reunites with old allies for a massive return to …
Posted on March 2, 2024

Mapletree Logistics Trust to buy Grade A warehouses in Malaysia and Vietnam for $234m

The manager said the agreed value of the Malaysia logistics property in Kuala Lumpur represents a discount of some 0.2 per cent to the independent valuation obtained by HSBC Institutional Trust …

( read original story …)



Posted on March 2, 2024

Vietnam property tycoon heads to trial in $40bn graft case

The case against Truong My Lan, who chairs property developer Van Thinh Phat Holdings Group, comes as Vietnam ramps up efforts to battle endemic corruption in the country’s business sector.

( read original story …)



Posted on March 1, 2024

As Vietnam grows ties with U.S., a secret directive seeks to gird the Communist Party

A leaked document offers a window into the motivations and concerns of party leaders as they seek to deepen ties with the U.S.
Posted on March 1, 2024

Construction starts on Singapore’s $553mn property project in Vietnam’s Binh Duong

The project is expected to provide approximately 3,500 townhouses, villas, and apartments, which can house about 13,000 people …

( read original story …)



Posted on March 1, 2024

Thai finance group SCBX to buy Vietnam consumer lender for $850m

BANGKOK — Thai financial group SCBX will acquire consumer credit provider Home Credit Vietnam Finance in a deal worth roughly 20.9 trillion dong ($850 million) as part of a strategy of seeking growth …
Posted on February 29, 2024

Forget Thailand and Vietnam: South-East Asia’s enticing new travel frontier

Cambodia is a nation in fast-forward, its development on steroids as skyscrapers pierce its skies and new roads, infrastructure and airports – all largely financed by Chinese interests – open trade …

( read original story …)



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