Although the current Securities Law include more severe penalties, the amount of stock price manipulation cases still increase, causing great damage to the market and frustration for investors.
On Wednesday, the Ha Noi People Court opened the first-ever trial in the case of 15 people who were charged with stock trading document falsification, stock price manipulation and fraudulent asset transfers.
The Ministry of Industry and Trade (MoIT) has not discovered price manipulation from foreign traders in the pepper market following Viet Nam’s Pepper Association (VPA)’s blame.