HCM City court upholds jail sentence for Phan Van Anh Vu Society

HCM City court upholds jail sentence for Phan Van Anh Vu

The Ho Chi Minh City People’s Court upheld a 17-year jail sentence for Phan Van Anh Vu, Chairman of the Board of Directors of the Bac Nam 79 Construction Company, on the charge of “abusing position and power while performing duties” during an appeal court on June 7.
Court postpones Dong A Bank appeal due to absence of defendants Society

Court postpones Dong A Bank appeal due to absence of defendants

The Ho Chi Minh City People’s Court on April 22 postponed an appeal trial that had been proposed by the HCM City People’s Procuracy to ensure the legitimate rights and interests of defendants and others connected to a case involving losses incurred by Dong A Bank (DAB).
Former officials of Dong A Bank prosecuted again Society

Former officials of Dong A Bank prosecuted again

The Investigation Police Agency under the Ministry of Public Security said on December 27 that it has started criminal proceedings against 10 defendants, including former General Director of the Dong A Bank (DAB) Tran Phuong Binh and former DAB Deputy General Director Nguyen Thi Ngoc Van. ​
Phan Van Anh Vu, 25 others prosecuted for Dong A Bank’s huge loss Society

Phan Van Anh Vu, 25 others prosecuted for Dong A Bank’s huge loss

The Supreme People’s Procuracy has completed an indictment to prosecute Phan Van Anh Vu, former chairman of the board of Bac Nam 79 Construction Joint Stock Company, and 25 others for causing economic losses of up to 3.6 trillion VND (160 million USD) to the Dong A Bank (DAB).
Phan Van Anh Vu prosecuted for economic loss in Dong A Bank Society

Phan Van Anh Vu prosecuted for economic loss in Dong A Bank

The Investigation Police Department under the Ministry of Public Security on April 18 issued a decision to prosecute Phan Van Anh Vu, former chairman of the board of Bac Nam 79 Construction Joint Stock Company, for abusing position and power to misappropriate 200 billion VND (8.7 million USD) from the Dong A Bank (DAB).
DongA Bank’s former top officials prosecuted Business

DongA Bank’s former top officials prosecuted

The Ministry of Public Security’s police investigation agency has decided to prosecute two former top officials of the HCM City-based Dong A Bank (DongA Bank), it officially announced on December 12.
Business

Banks fumble over timing for listing

The developments of the stock market and the unsatisfactory national economic situation are making commercial banks think twice before deciding on the time for their listing although many listing plans have been approved at their shareholders’ meetings.
Business

Banks plan to increase capital

Many commercial banks, including Agribank, Vietinbank, Asia Commercial Bank (ACB) and Sacombank, plan to increase charter capital this year, Dau tu (Vietnam Investment Review) newspaper reported.