Tan Hoang Minh Group boss and son pay $233 mln to fix bond scam

Tan Hoang Minh Group boss and son pay $233 mln to fix bond scam

Do Anh Dung, chairman and CEO of Tan Hoang Minh Group, and his son Do Hoang Viet have persuaded family members and related organizations to hand over more than VND5.65 trillion ($233 million) to authorities to remedy the consequences of a bond scam.

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

Vietnam investigators recommend prosecution of real estate tycoon

Vietnam investigators recommend prosecution of real estate tycoon

Vietnam’s investigative police have proposed indicting Do Anh Dung, chairman and CEO of Tan Hoang Minh Group, and other 14 associates over fraudulent appropriation of property.

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

Supervision tightened to safeguard corporate bond buyers' interests: finance minister

Supervision tightened to safeguard corporate bond buyers' interests: finance minister

Corporate issuers have pledged they would pay bondholders their due when their bonds mature, Finance Minister Ho Duc Phoc said Monday.

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

Van Thinh Phat boss arrested for corporate bond fraud

Van Thinh Phat boss arrested for corporate bond fraud

Truong My Lan, chairwoman of HCMC-based property developer Van Thinh Phat Group, was arrested Saturday for alleged fraud in the issuance and trading of corporate bonds in 2018 and 2019.

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

Corporate bond market collapse unlikely: experts

Corporate bond market collapse unlikely: experts

Bond default risk in Vietnam is still low, Vietnamese experts said Tuesday amid fears of a corporate bond market collapse.

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

Banking sector leads corporate bond issuance

Banking sector leads corporate bond issuance

The banking sector has maintained its lead in corporate bond issuance, totaling VND15,790 billion ($677.7 million) in June, according to the Vietnam Bond Market Association.

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

Real estate corporate bonds less active

Real estate corporate bonds less active

Real estate companies in Vietnam issued VND820 billion ($35.4 million) in corporate bonds in April, a significant fall from the monthly average of $1.12 billion in 2021, according to top broker SSI Securities.

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

Developer Tan Hoang Minh Group chairman arrested

Developer Tan Hoang Minh Group chairman arrested

Do Anh Dung, Chairman of property developer Tan Hoang Minh Group, was detained by investigative police on Tuesday for allegedly “defrauding to appropriate property”.

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

Regulator cancels 9 bond issuances of developer Tan Hoang Minh

Regulator cancels 9 bond issuances of developer Tan Hoang Minh

Vietnam’s stock market watchdog on Monday called off nine separate bond issuances totalling VND10,030 billion ($439 million) in value by three companies under Tan Hoang Minh Group due to its provision of “untrue information”.

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