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Subsidiaries of real estate developer Tan Hoang Minh have been buying bonds from each other and illegally selling them to retail investors as an “investment partnership”. The Hanoi company saw its chairman and five other current and former executives being arrested this week for alleged frauds in nine bond issuances …

The chairman of Vietnam’s Vingroup conglomerate said on Saturday that the company’s auto unit, VinFast, would seek financing from the U.S. government to support its expansion with a planned plant in North Carolina. “It is also one of our financing options, but we need to prove to them that we …

Pizza 4Ps racked up a net loss of VND38 billion ($1.66 million) last year, as it struggled to recover from Covid-19 hits. The chain, produces pizzas, cheese and other dairy products, had posted its first ever loss of VND20.8 billion in 2020. Before the pandemic hit, the chain earned profits …