Former FLC Chairman Trinh Van Quyet sentenced to 21 years in prison
August 06, 2024 | 17:30
Trinh Van Quyet, former Chairman of the Board of Directors of the real estate developer FLC Group JSC, on August 5 was sentenced to 21 years in prison for the charges of "fraudulent appropriation of property" and "stock market manipulation".
Business forum talks green transition towards net-zero emissions by 2050
April 12, 2024 | 09:01
A business forum on green transition and finance towards net-zero emissions by 2050 was held in Hanoi on April 11, bringing together hundreds of representatives from ministries, agencies, organisations and businesses.
Vietnam initiates criminal proceedings for market manipulation
June 26, 2023 | 09:23
Vietnamese authorities have launched investigations into allegations of market manipulation and securities fraud involving FLC Group and Apec stocks, resulting in criminal proceedings against key individuals.
Police request localities to suspend Trinh Van Quyet’s assets
April 15, 2022 | 13:51
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.
Another detained on charge of stock market manipulation
April 06, 2022 | 10:23
The Ministry of Public Security has decided to launch criminal proceedings against and detain Trinh Thi Minh Hue, a member of FLC Group JSC's accounting department, for assisting Trinh Van Quyet, former Chairman of the company, on the charge of stock market manipulation.
SSC reassures investors following FLC chairman's arrest
March 30, 2022 | 12:08
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
March 29, 2022 | 21:11
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 Chairman Trinh Van Quyet arrested for stock market manipulation
March 29, 2022 | 20:55
The Ministry of Public Security's Investigation Police Agency on March 29 decided to launch criminal proceedings against and arrest Trinh Van Quyet, Chairman of the FLC Group Joint Stock Company, pending investigations into suspicion of stock market manipulation.
FLC share sell surprise incites scrutiny of process
January 18, 2022 | 09:32
The move to block the securities account of FLC Group chairman Trinh Van Quyet for failing to disclose stock sales in advance has triggered a debate around the equity market’s transparency and conflict-of-interest rules.
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