Police request localities to suspend Trinh Van Quyet’s assets

Police request localities to suspend Trinh Van Quyet’s assets

The Investigation Police Agency has sent a written request to several localities to suspend the transfer, purchase and sale of assets and shares under the ownership of former FLC Chairman Trinh Van Quyet and related persons.
SSC reassures investors following FLC chairman's arrest

SSC reassures investors following FLC chairman's arrest

Following the prosecution of FLC Group's chairman Trinh Van Quyet, the Securities and Exchange Commission (SSC) recommended that investors stay calm.
Market faces strong correction on selling pressure

Market faces strong correction on selling pressure

The market opened the week on a negative note, with both benchmark indices losing more than 1 per cent, as selling pressure weighed on investors' sentiment from the beginning of the session.
FLC sponsors to evacuate Vietnamese in Ukraine on all Bamboo Airways flights

FLC sponsors to evacuate Vietnamese in Ukraine on all Bamboo Airways flights

On March 10, Bamboo Airways QH9066 sponsored by FLC touched down at Noi Bai International Airport, carrying 300 Vietnamese citizens evacuated from Ukraine.
FLC and Bamboo Airways register lasting partnerships at Investment Promotion Forum

FLC and Bamboo Airways register lasting partnerships at Investment Promotion Forum

A range of agreements for strategic partnerships between FLC, Bamboo Airways, and international partners was registered at the Investment Promotion Forum on March 8 in Frankfurt.
FLC chairman Trinh Van Quyet to be heavily fined for negligence to publicly report stocks sale

FLC chairman Trinh Van Quyet to be heavily fined for negligence to publicly report stocks sale

Following a trading violation by FLC’s Group chairman Trinh Van Quyet, the Ho Chi Minh Stock Exchange (HSX) annulled Monday's sale of 74.8 million shares of conglomerate FLC and suspended his accounts.
Buyers hedge their bets on premier apartment purchases

Buyers hedge their bets on premier apartment purchases

It is uncertain if the plan to launch the first products of the residential apartment project of FLC Group will go ahead as buyers wait out the pandemic.
Bamboo Airways becomes main sponsor of National Volleyball Championship 2021

Bamboo Airways becomes main sponsor of National Volleyball Championship 2021

VFV and Bamboo Airways signed the sponsorship agreement under which the latter became the Gold Sponsor of the National Volleyball Championship 2021.
FLC and Trinh Van Quyet increase stake in Bamboo Airways to nearly 90 per cent

FLC and Trinh Van Quyet increase stake in Bamboo Airways to nearly 90 per cent

In February 2021, Bamboo Airways scaled up its charter capital from VND7 trillion ($304.35 million) to VND10.5 trillion ($456.5 million).
FLC Grand Hotel Quy Nhon: one of Vietnam’s greatest hotels coming into operation

FLC Grand Hotel Quy Nhon: one of Vietnam’s greatest hotels coming into operation

With more than 1,500 rooms , FLC Grand Hotel Quy Nhon is one of the largest 5-star hotels not only in the central region but the entire country.
FLC Group to inaugurate Vietnam's biggest hotel in Quy Nhon in November 2020

FLC Group to inaugurate Vietnam's biggest hotel in Quy Nhon in November 2020

The eco-friendly FLC Grand Hotel Quy Nhon is expected to become a new iconic project in Binh Dinh, after being officially inaugurated in this November.
March portfolio rebalancing spells trouble for major tickers

March portfolio rebalancing spells trouble for major tickers

March rebalancings of investment portfolios may impede shares of FLC Faros, Novaland, PetroVietnam Power, and Phat Dat Real Estate.
Hanoi Social Insurance names FLC unit as one of most indebted firms

Hanoi Social Insurance names FLC unit as one of most indebted firms

Local real estate giant FLC’s subsidiary FLC Faros was listed among the top five companies with the heaviest social insurance debts by Hanoi Social Insurance.
Expanding Vietnamese business in Cambodia

Expanding Vietnamese business in Cambodia

Inspired by the success of Vietnamese firms in Cambodia, investors are encouraged to enter other industries like transportation, power, and infrastructure.
Bamboo Airways forces down FLC's profit

Bamboo Airways forces down FLC's profit

The operation of Bamboo Airways deeply decreased the gross margin of FLC’s services.  
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