Six securities firms fined $1.5 mln in 2023

Six securities firms fined $1.5 mln in 2023

The Ministry of Finance fined six securities companies VND37.2 billion ($1.53 million) for violating regulations in 2023, said Deputy Minister Nguyen Duc Chi on Friday.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Food major Kido fined for information disclosure violations

Food major Kido fined for information disclosure violations

Leading Vietnamese food and cooking oil producer Kido Group has been fined VND117.5 million ($4,830) for non-disclosure or late disclosure of information.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

HCMC property developers fined for selling under-construction housing without permission

HCMC property developers fined for selling under-construction housing without permission

Authorities in Ho Chi Minh City have fined real estate developers Gamuda Land and Khai Thinh for selling incomplete housing projects without permission.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Regulators inspect 11 banks over corporate bond investments

Regulators inspect 11 banks over corporate bond investments

The State Bank of Vietnam (SBV) said it has conducted spot inspections on 11 banks over their investments in corporate bonds, and fined those that were found to have violated regulations.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

Hoang Anh Gia Lai fined for lending to individual shareholders

Hoang Anh Gia Lai fined for lending to individual shareholders

The State Securities Commission has fined agriculture major Hoang Anh Gia Lai JSC (HAGL) a sum of VND245 million ($10,470) for violations related to transactions with shareholders and information disclosure.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Real estate major FLC chairman suspended from country exit

Real estate major FLC chairman suspended from country exit

Trinh Van Quyet, chairman of FLC Group, one of Vietnam’s leading real estate developers, was suspended from leaving the country for a month, an indication that he is under investigation.

Society - Mon, Dec 22, 2021 | 11:30 am GMT+7