Vạn Thịnh Phát Group affiliated companies accumulate over $2b in bond debt

Thursday, May 02, 2024

Multiple companies associated with property developer Vạn Thịnh Phát, whose chairwoman has been sentenced to death for financial fraud, have accumulated a total of VNĐ52.4 trillion (over US$2 billion) in bond debt, with more than 30 per cent of the...

Firms linked to property developer Vạn Thịnh Phát fined for bond issuance violations

Monday, Apr 01, 2024

Several companies associated with property developer Vạn Thịnh Phát, whose chairwoman is currently facing trial for financial fraud, have been fined for fraud related to bond issuance and trading worth trillions of Vietnamese đồng.

Police seek victims of Vạn Thịnh Phát Group in bond fraud case worth $1.24b

Sunday, Oct 01, 2023

Police are seeking individuals who were victims of a bond fraud case involving property developer Vạn Thịnh Phát, which involves the issuance and trading of bonds worth over VNĐ30 trillion (US$1.24 billion). 

SBV collaborates with authorities to protect investors

Sunday, Oct 09, 2022

Since Saturday, investors'' confidence has been harmed by the incidents related to specific personal and corporate violations Van Thinh Phat Group, which has a close connection with SCB on the HOSE.

Companies donate medical equipment/cash for COVID-19 fight

Thursday, Apr 02, 2020

E-commerce platform Shopee has donated VND3 billion worth of medical equipment to support hospitals and frontline healthcare workers in their battle against COVID-19 as part of a commitment it made to help contain the outbreak.

Agreement signed for $6b Saigon Peninsula Project

Thursday, Aug 04, 2016

Van Thinh Phat Group Corporation, one of the leading real estate and hospitality companies in Viet Nam, on Wednesday signed an agreement with two giant Malaysian companies to develop a US$6 billion ecological urban system called Saigon Peninsula Project in HCM City''s District...