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Death Sentence Upheld for Tycoon in Record $12.5 Billion Fraud Case
A Vietnamese court has upheld the death sentence for real estate tycoon Truong My Lan, rejecting her appeal against convictions for embezzlement and bribery in a fraud case involving over $12 billion. This amount represents nearly three percent of Vietnam 's 2022 GDP, marking the country's largest recorded financial fraud.
Vietnam court may commute tycoon’s death sentences if she repays $11 billion
A court in Vietnam has upheld the death sentence for real estate tycoon Truong My Lan but said it could be commuted to life if she reimburses some $11 billion.
Court rejects real estate tycoon Truong My Lan's death sentence appeal in Vietnam
A Vietnamese court rejected the appeal of real estate tycoon Truong My Lan but kept the door open for her death sentence to be commuted if she pays back three-quarters of the fraud amount, state media VN Express reported.
Death sentence for real estate tycoon Truong My Lan upheld in Vietnam's largest fraud case
The death sentence for real estate tycoon Truong My Lan has been upheld in Vietnam’s largest fraud case, the scale of which had raised concerns about the country’s economy
Vietnam Court Upholds Death Sentence for Tycoon in $12 Billion Fraud Case
A court in Vietnam on Tuesday upheld a death sentence for real estate tycoon Truong My Lan after rejecting her appeal against a conviction for embezzlement and bribery, state media reported. Lan, the chairwoman of real estate developer Van Thinh Phat Holdings Group,
Death sentence upheld for tycoon — unless she pays $9 billion
Truong My Lan was convicted of swindling money from Saigon Commercial Bank (SCB) and sentenced to death for fraud totaling $27 billion.
Vietnamese court upholds death sentence of real estate tycoon Truong My Lan
A Vietnamese appeals court on Tuesday upheld the death sentence for wealthy real estate entrepreneur Truong My Lan, local media reported.
Vietnamese tycoon told to repay billions in fraud case to avoid death penalty
Vietnamese tycoon Truong My Lan can avoid execution for orchestrating a $12bn fraud if she repays three-quarters of the misappropriated funds, a court ruled on Tuesday. The chair of property developer Van Thinh Phat Group was sentenced to death in April after being found guilty of embezzling 304tn dong from Vietnam’s Saigon Joint Stock Commercial Bank (SCB).
12h
VietJet flight bound for Ho Chi Minh City, Vietnam forced to return to Melbourne Airport due to onboard issue
Flight VJ82 to Ho Chi Minh City left Melbourne Airport about 3am and was close to the South Australia/ Northern Territory ...
Real Estate Asia on MSN
2d
Ho Chi Minh City retail rents to rise by 2-3% annually
The city will see around 13,000sqm of new stock by next year. By end-2024, JLL said in a report that the Ho Chi Minh City ...
Hosted on MSN
1d
Ho Chi Minh City prime apartment prices down by 3.7% in Q3
The decline is due to the removal of high-priced projects that were sold out. In a recent report, JLL said Ho Chi Minh City’s ...
4d
on MSN
Vietnam approves $67 billion high-speed railway project between Hanoi and Ho Chi Minh city
Vietnam has approved the construction of a high-speed railway connecting the capital Hanoi in the north with the financial ...
VietNamNet
1d
Gamuda Land unveils landmark Eaton Park development in HCM City
Gamuda Land, one of Southeast Asia’s premier property developers, unveiled the Alpine and Forest Towers at its flagship Eaton ...
AeroTime
11h
AirAsia launches new direct route from Kota Kinabalu to Ho Chi Minh City
AirAsia has expanded its reach in Vietnam, launching a new direct route from Kota Kinabalu in Malaysia to Ho Chi Minh City.
Danbury News-Times on MSN
16h
Danbury's Bánh Mi AiKi food truck brings Vietnamese street food to Federal Road: 'We found a niche'
Out of the window of Bánh Mi AiKi, Danbury ’s latest food truck on Federal Road, Luu serves bánh mi sandwiches, stuffed with ...
VietNamNet
7d
Ho Chi Minh City targets $13,000 annual income to lead national growth
As Vietnam moves into a new era of national growth, HCMC is tasked with maintaining its leadership role by addressing core ...
3d
Ho Chi Minh City's Upcoming Long Thanh International Airport: 5 Facts About The New Jewel Of Southeast Asia
Serving one of the fastest-growing travel markets in the world, Long Thanh is set to become one of the largest airports in the world.
vegconomist
6d
Mexico City & Ho Chi Minh City Appear on HappyCow’s World Top Ten Vegan-Friendly Cities for 1st Time
Vegan food discovery platform HappyCow has published its annual report outlining the world's most vegan-friendly cities.
eVnExpress on MSN
2h
Crocodile shows up in HCMC family's garden
A crocodile showed up at a family’s garden in Ho Chi Minh City on Wednesday, forcing locals to band together to capture it.
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