Vietnam
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Vietnam Property Tycoon On Trial In $12.5 Billion Fraud Case
A top Vietnamese property tycoon went on trial Tuesday along with dozens of others, accused of embezzling $12.5 billion in the country’s biggest ever fraud case. Truong My Lan, chair…
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Cordlife posts 50.3% lower H2 profit, sets up Vietnam subsidiary
CORDLIFE Group’s net profit for the second half ended Dec 31, 2023, declined 50.3 per cent to S$1.5 million from S$3 million in the year prior. The private cord blood…
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Cordlife posts 50.3% lower H2 profit; sets up Vietnam subsidiary
CORDLIFE Group’s net profit for the second half ended Dec 31, 2023, declined 50.3 per cent to S$1.5 million from S$3 million in the year prior. The private cord blood…
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Mapletree Logistics Trust to spend S$234 million on Malaysia, Vietnam Grade A warehouse acquisitions
MAPLETREE Logistics Trust (MLT) will snag three Grade A warehouses – one in Malaysia, and two in Vietnam – for RM558.8 million (S$157.9 million) and 1.3 trillion Vietnamese dong (S$68.4…
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Biggest Thai Bank to buy Home Credit Vietnam for US$860 million
SCB X, Thailand’s biggest bank by market value, agreed to buy consumer lender Home Credit’s business in Vietnam for about US$860 million in a bid to widen its regional footprint.…
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China’s CDH in talks to buy minority stake in US$1.7 billion Vietnam grocery chain: sources
CHINA’S CDH Investments is in advanced talks to buy a minority stake in Bach Hoa Xanh (BHX) from Vietnam retailer Mobile World in a deal that could value the grocery…
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The $12.5 Billion Fraud That Has Shocked Vietnam
Retired nurse Nga put her life savings into a bond at Vietnam’s SCB bank, but now cannot access her money after being caught up with tens of thousands in a…
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‘Beyond Our Borders’: Vietnam Tech Firm VNG Takes On World Best
VNG co-founder Le Hong Minh’s first taste of international competition was as a gamer for Vietnam at an early e-sport tournament in South Korea. Two decades later, he says he’s…
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Vietnam Property Developer Faces Trial Over $12.5 Bn Bond Fraud
The chairwoman of major property developer Van Thinh Phat will go on trial in Vietnam, accused with accomplices of embezzling $12.5 billion from a bank “for personal purposes”, the official…
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Two S. Koreans Among 18 Sentenced To Death In Vietnam Drug Bust: State Media
Two South Koreans were among 18 people sentenced to death on drug smuggling and trafficking charges in Vietnam, state media said. The communist country has some of the toughest drug…
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Vietnam Court Jails Climate Activist For Tax Evasion: Lawyer
A Vietnamese court on Thursday jailed a leading climate activist for tax evasion, the latest environmentalist put behind bars by the communist government. The court in Ho Chi Minh City…
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Vietnam Orders Apartment Block Checks After Deadly Blaze
Vietnam on Thursday ordered nationwide checks on small apartment buildings after a fire tore through a block in Hanoi, killing 56 people in the country’s deadliest blaze in two decades.…
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‘You Look Very Young’: Biden’s Age Under Scrutiny In Vietnam
“You haven’t aged a day.” Joe Biden, 80, couldn’t help laughing as he was complimented by Vietnam’s 79-year-old Communist Party leader during a visit to Hanoi. However, the humorous aside…
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US, Vietnam Warn Against ‘Threat Or Use Of Force’ In South China Sea
The United States and Vietnam warned on Monday against the “threat or use of force” in the disputed South China Sea, days after the latest clash involving Chinese vessels. President…
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Biden Leads US Tech Execs In Vietnam Talks
US President Joe Biden and senior executives from top American tech firms including Google and Intel will meet Vietnamese business leaders Monday after the two countries agreed to deepen cooperation…
