Former general director of DongA Bank proposed for life imprisonment

Former general director of DongA Bank proposed for life imprisonment

Tran Phuong Binh was proposed to be given life imprisonment, while Phan Van Anh Vu was proposed 15-17 years of imprisonment at the DAB case.
The case of appropriation in DongA Bank start hearing trial

The case of appropriation in DongA Bank start hearing trial

The Ho Chi Minh City People’s Court began the trial of wrongdoings damaging DongA Bank (DAB) to trillions of Vietnam dong.
PNJ fined for tax arrears

PNJ fined for tax arrears

Phu Nhuan Jewelry JSC (code: PNJ) has been fined to dozens of millions of dong in tax.
Cardholder declines compensation from DongA Bank

Cardholder declines compensation from DongA Bank

DongA Bank offered VND58 million ($2,555) as advance compensation for the cardholder who lost VND116 million ($5,110).
DongA Bank yet to compensate victims of hacking

DongA Bank yet to compensate victims of hacking

After discussion, clients approved DongA Bank to take more time with investigations, and the bank will give its final conclusion on July 12 or 31.
Two hacked customers lose VND200 million in DongA Bank overnight

Two hacked customers lose VND200 million in DongA Bank overnight

Two DongA Bank cardholders confirmed that they still have their cards and have never given them to anyone, but VND201 million was stolen from their accounts.
Vu Nhom and 23 accomplices to be prosecuted on four charges

Vu Nhom and 23 accomplices to be prosecuted on four charges

The investigation agency found that Tran Phuong Binh caused $157 million, while Vu Nhom caused $8.8 million of financial damage to DAB.
PNJ falls as Dong A Bank case continues with two new defendants

PNJ falls as Dong A Bank case continues with two new defendants

After being prosecuted in the DAB case, Nguyen Thi Cuc handed in her resignation as a member of PNJ’s board of management.
Investigation of billion-dollar appropriation at Dong A Bank continues

Investigation of billion-dollar appropriation at Dong A Bank continues

The Supreme People's Procuracy has returned the documents of the Dong A Bank case for further investigation of the involvement of Phan Van Anh Vu.
Former chairmen of Danang to be arrested

Former chairmen of Danang to be arrested

The Ministry of Public Security (MoPS) has arrested and started prosecution of some high-level officers of Danang and two former public security officers for involvement in the case of Phan Van Anh Vu.
Vu "Nhom" and Tran Phuong Binh losing $8.8 million of Dong A Bank

Vu "Nhom" and Tran Phuong Binh losing $8.8 million of Dong A Bank

The investigation agency has determined that $8.8 out of the $26.4 million Vu “Nhom” used to purchase Dong A Bank shares existed only on falsified documents.
Banks rethink on-us ATM fee collections

Banks rethink on-us ATM fee collections

After the central bank has allowed collection of on-us ATM (automated teller machine) transaction fees starting in March, local banks are considering various collection schemes with some saying to charge lower than the maximum rate of VND1,000 per transaction while others saying ‘no’ to this fee to keep customers.
Middle of the road banks look for mergers

Middle of the road banks look for mergers

Group II banks are looking to address capital issues by sourcing business expansion partners.