phat dats strategy to successfully acquire new real estate projects

Phat Dat's strategy to successfully acquire new real estate projects

After over two years as CEO at Phat Dat Real Estate Development Corporation (PDR), Bui Quang Anh Vu shared with Trong Hieu his feelings and enthusiasm about the journey he has experienced, as well as the future of Phat Dat.
positive scenarios for working capital development

Positive scenarios for working capital development

Security over receivables is mainly regulated by the Civil Code 2015 and Decree No.21/2021/ND-CP, as well the Law on Credit Institutions 2010, and its detailing and guiding Circular No. 02/2017/TT-NHNN promulgated by the State Bank of Vietnam (SBV).
crucial legislative developments in the bond market

Crucial legislative developments in the bond market

The State Bank of Vietnam (SBV) has previously issued regulations on prudential ratios and limits over banking activities while recently the ability of businesses to pay loans and interest has been severely affected by the current pandemic. As a result of these twinned developments, commercial banks have become more and more cautious in granting credit.
the existing uncertainty in merger filing regulations

The existing uncertainty in merger filing regulations

The development of Vietnamese competition laws in recent years, notably with the promulgation of the Law on Competition 2018 and its guiding instrument Decree No.35/2020/ND-CP, has marked a critical milestone in changing the merger and acquisition market in Vietnam.
court upholds sentences for ex officials of hcm city

Court upholds sentences for ex-officials of HCM City

The High-level People’s Court in Ho Chi Minh City on May 22 rejected all appeals filed by four defendants who are former city officials accused of “violating regulations on management and use of State assets, causing losses and wastefulness”.
appeal court announces verdict for case involving ex leaders of da nang

Appeal court announces verdict for case involving ex-leaders of Da Nang

The Hanoi-based High-level People’s Court on May 12 announced the verdict of an appeal trial for a case in which two former top leaders of Da Nang and their accomplices were linked with the illegal acquisition of State-owned housing and land in the central city.
two men to be prosecuted related to phan van anh vu case

Two men to be prosecuted related to Phan Van Anh Vu case

The Investigation Police Agency under the Ministry of Public Security (MoPS) has asked the Supreme People’s Procuracy to prosecute two suspects for “swindling to appropriate assets” in the high-profile case concerning Phan Van Anh Vu (also known as Vu Nhom), former chairman of Bac Nam 79 Construction Joint Stock Company in Da Nang.
hcm city court upholds jail sentence for phan van anh vu

HCM City court upholds jail sentence for Phan Van Anh Vu

The Ho Chi Minh City People’s Court upheld a 17-year jail sentence for Phan Van Anh Vu, Chairman of the Board of Directors of the Bac Nam 79 Construction Company, on the charge of “abusing position and power while performing duties” during an appeal court on June 7. 
court resumes dong a bank appeals trial

Court resumes Dong A Bank appeals trial

The HCM City High-Level People’s Court on Monday (May 27) resumed the appeals trial of defendants involved in wrongdoings at Dong A Bank (DAB), which incurred losses of more than VND3.6 trillion (US$154 million).
court postpones dong a bank appeal due to absence of defendants

Court postpones Dong A Bank appeal due to absence of defendants

The Ho Chi Minh City People’s Court on April 22 postponed an appeal trial that had been proposed by the HCM City People’s Procuracy to ensure the legitimate rights and interests of defendants and others connected to a case involving losses incurred by Dong A Bank (DAB).
former top cop sentenced to 15 years in jail

Former top cop sentenced to 15 years in jail

The People’s Court of Hanoi on Wednesday sentenced Phan Van Anh Vu, Chairman of the Board of Directors of the Bac Nam 79 Construction Company and former Chairman of the Nova Bac Nam 79 Company, to 15 years in jail for “abusing position and power while performing duties”.
former public security officers brought to trial in hanoi

Former public security officers brought to trial in Hanoi

Five former officers of the Ministry of Public Security (MPS) were brought to trial in Hanoi on January 28 for public property-related wrongdoings in Da Nang city and Ho Chi Minh City.
indictment against senior security officers completed

Indictment against senior security officers completed

The Supreme People’s Procuracy has accomplished an indictment involving Phan Van Anh Vu, known as Vu Nhom and high-ranking officers of the Ministry of Public Security for their violations in the purchase and sale of State-owned houses and land in Da Nang and Ho Chi Minh City.
former general director of donga bank proposed for life imprisonment

Former general director of DongA Bank proposed for life imprisonment

Tran Phuong Binh, former general director cum vice chairman of DongA Bank (DAB) was proposed to be given life imprisonment, while Phan Van Anh Vu, chairman of Bac Nam Construction 79 JSC, was proposed 15-17 years of imprisonment.
the case of appropriation in donga bank start hearing trial

The case of appropriation in DongA Bank start hearing trial

Today (November 27), Ho Chi Minh City People’s Court started hearing trial of the case of “abusing powers or positions for appropriation of property” and “deliberately acting against state regulations on economic management, causing serious consequences” at DongA Bank (DAB).