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Vietnam’s private equity company ABB is seeking to raise $100 million for its second fund in the second half this year. ABB, which is associated with local investment banking company Asia Business Builders, launched its first $20 million PE fund in 2018, which has now fully invested, according to DealStreetAsia. …

Police of Hanoi found 98 kg of drugs hidden in boxes transported from Germany to Vietnam. Three suspects have been arrested so far and have been handed over to police in Ho Chi Minh City for further investigation, Hanoi police said Friday, according to a Tuoi Tre newspaper report. Customs …

A hacker in Ho Chi Minh City was sentenced to 10 years in jail for stealing around VND300 million ($12,782) from the owner of a cryptocurrency exchange platform. Nham Hoang Khang was charged with extortion and forced to return the money he stole, the HCMC People’s Court sentenced Friday. In …