Ex-leader of VNCB sentenced to 20 years in prison Society

Ex-leader of VNCB sentenced to 20 years in prison

Pham Cong Danh, ex-Chairman of the Board of Directors of the Vietnam Construction Bank (VNCB), has been given a 20-year prison term for “deliberately violating State regulations on economic management, causing severe consequences” at the bank.
Financial leasing significant to mobilise capital Business

Financial leasing significant to mobilise capital

Financial leasing is an effective solution to solving medium- and long-term capital shortages for local businesses, head a conference held by the BIDV-SuMi TRUST Leasing (BSL) in Ho Chi Minh City on August 1.
20-year prison term proposed for ex-Chairman of VNCB Society

20-year prison term proposed for ex-Chairman of VNCB

A 20-year prison term has been proposed for Pham Cong Danh, ex-Chairman of the Board of Directors of the Vietnam Construction Bank (VNCB), for his involvement in the case of “deliberately violating State regulations on economic management, causing severe consequences” at VNCB.
Former SBV Deputy Governor gets 3 years in jail Society

Former SBV Deputy Governor gets 3 years in jail

Dang Thanh Binh, former Deputy Governor of the State Bank of Vietnam (SBV), was sentenced to three years in prison for the charge of lacking responsibility causing serious consequences at the Vietnam Construction Bank (VNCB) during the first instance trial in Ho Chi Minh City on July 2.
Jail term of 4-5 years proposed for former SBV deputy governor Society

Jail term of 4-5 years proposed for former SBV deputy governor

The Ho Chi Minh City People’s Procuracy on June 27 proposed an imprisonment sentence of 4-5 years to Dang Thanh Binh, former Deputy Governor of the State Bank of Vietnam (SBV) for the charge of lacking responsibility causing serious consequences at the Vietnam Construction Joint Stock Commercial Bank (VNCB).
Former State Bank deputy governor tried for irresponsibility Society

Former State Bank deputy governor tried for irresponsibility

The People’s Court of Ho Chi Minh City opened the first instance trial on June 25 for former deputy governor of the State Bank of Vietnam (SBV) Dang Thanh Binh on the charge of lack of responsibility causing serious consequences at the Vietnam Construction Joint Stock Commercial Bank (VNCB).
Trial held for 28 former officials of Dai Tin Bank Society

Trial held for 28 former officials of Dai Tin Bank

The HCM City People’s Court on May 8 opened the first trial for 28 former officials of Dai Tin Bank (Trust Bank) for "abusing trust to appropriate property" and "deliberately acting against State regulations on economic management and causing serious consequences".
Penalties imposed on defendants involved in Trust Bank case Society

Penalties imposed on defendants involved in Trust Bank case

The Ho Chi Minh City People’s Court on May 4 gave punishments from three-year suspended prison sentences to seven-year imprisonment to the defendants charged with “violating regulations on lending in activities of credit institutions” at Dai Tin Commercial Joint Stock Bank (Trust Bank), the predecessor of the Vietnam Construction Bank (VNCB).
Trial held for former Dai Tin Bank leaders Society

Trial held for former Dai Tin Bank leaders

The Ho Chi Minh City People’s Court on May 2 opened the first trial for Hoang Van Toan, former chairman of the board of directors of Dai Tin (Trust) Bank – predecessor of the Vietnam Construction Bank (VNCB), Tran Son Nam, former general director of the bank and their accomplices.
Japanese banks expand investments in Vietnam Business

Japanese banks expand investments in Vietnam

Some Japanese banks already operating in Vietnam have revealed their plans to expand investments, while others hope to make inroads into the market, according to Dau Tu (Investment) newspaper.
SME fund fails to meet lending target Business

SME fund fails to meet lending target

Though the Small and Medium Enterprise (SME) Development Fund was established a year ago, so far only three firms have got loans from it, fund director Hoang Thi Hong said.