The People’s Court of Hanoi on Monday sentenced FLC chairman Trinh Van Quyet to 21 years in prison for fraudulent appropriation of assets and stock manipulation. The court ruled that he and his accomplices caused losses of VND4.3 trillion (US$171 million) to investors. As the mastermind behind the scheme and …
Read More »Three LPG storage tanks put into operation at PV GAS Vũng Tàu Terminal
In July, the project completed installation, successful pre-commissioning, and commissioning. It was handed over to PV GAS Vũng Tàu, a subsidiary of PV GAS, for operational management. A liquefied gas storage tank at the PV GAS Vũng Tàu terminal. — VNA/VNS Photo HÀ NỘI — Vietnam Gas Corporation (PV GAS) …
Read More »Sacombank high rankings in reputable, effective, sustainable development lists
Sacombank was named among the Top 50 Reputable and Effective Public Companies and Top 10 Prestigious Vietnamese Private Joint Stock Banks in 2024 by Vietnam Report Joint Stock Company on August 2. Sacombank has won the Top 50 Reputable and Effective Public Companies, Top 10 Prespigious Vietnamese Private Joint Stock …
Read More »Authority expands global network for aviation sector growth
The international flight network has restored to pre-COVID-19 levels and continued to expand to new markets in Central Asia, India, and Australia. Passengers check-in at Tân Sơn Nhất International Airport. — Photo vietnamplus.vn HÀ NỘI — The increasingly bustling international aviation markets with many airlines opening new routes to large-scale …
Read More »Carlsberg Asia launches #CelebrateResponsibly across APAC in partnership with Grab, foodpanda and Meituan
Carlsberg Asia launches #CelebrateResponsibly across APAC in partnership with Grab, foodpanda and Meituan The partnership will kick off in Q3 of 2024 during football campaign season, with a series of Responsible Drinking initiatives throughout the year to support responsible consumption HONG KONG SAR – Media OutReach Newswire – 5 August …
Read More »Crown Worldwide Group Hong Kong Wins Green Environmental Protection Award 2024
Crown Worldwide Group Hong Kong Wins Green Environmental Protection Award 2024 HONG KONG SAR – Media OutReach Newswire – 5 August 2024 – Crown Worldwide Group Hong Kong has been honored with the prestigious Master Insight ESG Achievement Awards 2024 in the category of ‘Green Environmental Protection’ for the second …
Read More »Aeon acquires land for $167M mall in central Vietnam
Aeon Mall Vietnam has got the green light from authorities in the central province of Thanh Hoa to acquire a land lot for building a VND4.2-trillion (US$167 million) mall. It has bought 10.5 hectares from a local property developer for the Aeon Mall Thanh Hoa. The development will have five …
Read More »New foreign ownership restrictions in Vietnamese property market
For apartment complexes with multiple blocks sharing a common base, foreign ownership is capped at 30 per cent of the units in each block. Foreign investors look at a property project. — Photo tapchitaichinh.vn HÀ NỘI — Foreign entities and individuals can now own up to 30 per cent of …
Read More »Sahm App Offers Limited-Time 70% Off Commission Fee to Boost Retail Investor Participation
Sahm App Offers Limited-Time 70% Off Commission Fee to Boost Retail Investor Participation RIYADH, SAUDI ARABIA – Media OutReach Newswire – 5 August 2024 – In a move to attract domestic investors, Sahm App, the fast-growing online brokerage platform, has announced a limited-time 70% off commission fee for trading Saudi …
Read More »Dollar weakens against dong at banks
The U.S. dollar declined against the Vietnamese dong at banks while strengthening on the black market Monday morning. Vietcombank sold the dollar at VND25,300, down 0.32% from the weekend. At unofficial exchange points, the greenback rose 0.08% to VND25,700. The State Bank of Vietnam’s reference rate inched down by 0.004% …
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