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Nguyen Thien Phu, deputy general director of construction firm FLC Faros, has been arrested on suspicion of commiting fraud for property appropriation. Phu, also chief accountant of the firm, has been detained pending investigation, Lieutenant General To An Xo, spokesman of the Ministry of Public Security, said Monday. Nguyen Thien …

Despite the current global economic downturn, Vietnam will “not sit and wait” but vigorously seek ways to stabilize and restore the economy, says Prime Minister Pham Minh Chinh. Chinh’s assertion came as he presided over a Monday conference on maintaining macroeconomic stability, managing inflation, stimulating growth and ensuring a balanced …

Deputy general director of construction firm FLC Faros has been arrested with allegations of commiting fraud for property appropriation. Nguyen Thien Phu, also chief accountant of the firm, has been detained, Lieutenant General To An Xo, spokesman of the Ministry of Public Security, said Monday. Nguyen Thien Phu, deputy general …