Many defendants in major economic cases took advantage of policies and abused their positions and powers to make profit for themselves through violations of regulations on bidding, or through giving and receiving bribes, said Lieut. Gen. To An Xo, Chief of the Office and Spokesperson of the Ministry of Public Security, at a Government press conference on June 4.
The Standing Board of the Central Steering Committee on Anti-Corruption held a meeting in Hanoi on April 27 to discuss cases that it has followed and define tasks for the time to come.
The Investigation Police Agency under the Ministry of Public Security, on April 8, sent a document to eight banks requesting them to provide information to serve the investigation of the act of stock market manipulation against Trinh Van Quyet, Chairman of FLC Group Joint Stock Company.
Any act that aims at manipulating the stock and corporate bond markets to gain illicit profits will be punished strictly, according to the Ministry of Finance.
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.
The domestic stock market has still been assessed positive despite recent adverse impacts, partially thanks to its internal factors, the head of the State Securities Commission (SSC) affirmed on March 31.
Property developer FLC Group announced on March 31 that Dang Tat Thang will be chairman of the group and Bamboo Airways until a new decision from shareholders' meeting and the board of directors.
The Civil Aviation Authority of Vietnam (CAAV) has held an urgent meeting with key leaders of Bamboo Airways to assess risks and ensure absolute flight safety after this carrier’s Chairman Trinh Van Quyet had been temporarily detained on the charge of stock market manipulation.
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.
Bamboo Airway’s direct air route linking Vietnam and the UK was officially launched on March 22 with a flight departing from Hanoi’s Noi Bai international airport to London.
Vietnamese and Lao businesses discussed ways to speed up the implementation of large-scale Vietnamese-invested projects in Laos and seek new cooperation projects of strategic importance during a workshop in Vientiane on March 21.
An investment promotion forum to introduce potential and chances of Vietnam’s economic fields was held in Frankfurt, Germany, on March 8, seeing the participation of nearly 300 delegates.
Bamboo Airways and TD&T Co.,Ltd of the Republic of Korea (RoK) will cooperate in conducting charter flights bringing tourists from the RoK’s Incheon to Quy Nhon city in the south-central province of Binh Dinh for golf and leisure services of the FLC Group.
FLC Group on January 8 started construction on a 10 trillion VND (440.7 million USD) eco-resort tourism complex, FLC Phu Tho, in the northern province of Phu Tho.
A major hotel and convention centre complex invested by the FLC Group was inaugurated in the northern province of Vinh Phuc on December 23, with National Assembly Chairman Vuong Dinh Hue present at the ceremony.
The Bamboo Airways Joint Stock Company has raised its charter capital to 18.5 trillion VND (814 million USD) from 16 trillion VND, according to the National Business Registration Portal.
The FLC Group Joint Stock Company hopes to record more than 15.25 trillion VND (661.44 million USD) in consolidated revenue this year, the shareholders’ meeting held in Hanoi on April 12 heard.
FLC Group Joint Stock Company expects to achieve more than 1.1 trillion VND (47.71 million USD) in pre-tax profit, and over 15 trillion VND in consolidated revenue this year, the group has said.
Bamboo Airways has announced the addition of 3.5 trillion VND to its charter capital, bringing the total amount to 10.5 trillion VND (457.3 million USD).
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