Vietnamplus

Malaysian police have busted the Planetrade investment fraud scheme with the arrest of three men and six women, including a director of the company who operated the scheme.

The Civil Aviation Administration of Vietnam (CAAV) has just released Directive 1480 on enhancing smuggling and commercial fraud prevention among aviation employees.

General Director of the General Department of Vietnam Customs (GDVC) Nguyen Van Can and Director-General of the European Anti-Fraud Office (OLAF) Ville Itälä signed a customs administrative cooperation agreement between the Vietnamese Finance Ministry and OLAF in Brussels on December 14.

Border guards in the northern border province of Lai Chau announced that they have coordinated with their counterparts in the southwestern province of Tay Ninh and Blue Dragon Children's Foundation to successfully rescue a teenager who was tricked to work in Cambodia.

The tax sector collected over 1.1 quadrillion VND (46.13 billion USD) for the State budget in the first nine months of this year, a year-on-year rise of 21.6%, and equivalent to 93.9% of the yearly estimate, according to the General Department of Taxation.

The People’s Court of Hanoi on September 19 sentenced Abedin Ahmed, a Bangladeshi national, to 13 years in prison for “Fraud and appropriation of assets”, as stipulated in Article 174 of the Penal Code of Vietnam.

The Ministry of Public Security on August 25 launched criminal proceedings against Trinh Van Quyet, former Chairman of the FLC Group Joint Stock Company, and three others on a charge of fraudulent appropriation of property, following their earlier arrests for alleged stock market manipulation.

Vietnamese airlines were required to implement preventive measures against illegal trade and commercial fraud activities taking place among flight crews, per the latest directive from the Civil Aviation Administration of Vietnam (CAAV).

The Police Investigation Agency of the Ministry of Public Security has decided to launch criminal proceedings against and detain Do Anh Dung, Chairman of the Tan Hoang Minh Group, on charges of "obtaining property by fraud."

More and more fraud is occurring on various online platforms by investing groups, deceiving investors.

The National Steering Committee for Anti-smuggling, Counterfeit Goods and Trade Fraud (National Steering Committee 389) convened a meeting in Hanoi on October 14 to review its activities in the third quarter and set out tasks for the fourth quarter.

The Vietnam Trade Office in Morocco, also in charge of Benin, has warned Vietnamese exporters in general and those engaged in beverage export in particular, to seek full information about importers before conducting transactions with partners from Benin to avoid being a victim of fraud.

High prices of rice sold in the domestic market and for export in the recent past have fueled risks of origin fraud, influencing the prestige of Vietnamese rice in the global market, insiders have warned.

The Singapore Health Sciences Authority (HSA) said on June 11 that a local company named Vision Empire International is being investigated for manufacturing surgical masks without a licence.

The Drug Administration of Vietnam under the Ministry of Health has suggested localities, organisations and businesses that want to buy COVID-19 vaccines negotiate directly with vaccine producers to avoid fraudulent deeds, citing warnings by Interpol.

Philippine Secretary of Justice Menardo Guevarra said the country's investigators have logged a complaint against former Chief Operating Officer (COO) of German payment firm Wirecard, Jan Marsalek, regarding fraud and cyber crime accusations.

Boasting huge production advantages and capitalising on good market opportunities, Vietnam’s furniture sector has stood firm amid COVID-19 and improved its position in the global market and especially in the US.

Ho Chi Minh City is to step up efforts in inspections to prevent trade fraud and smuggling after some of its inspections were suspended due to COVID-19, said Vice Chairwoman of the municipal People's Committee Phan Thi Thang.

The General Department for Market Surveillance has shown determination in the fight against counterfeit goods and trade fraud products in e-commerce channels.

Officers tasked with preventing fake goods, trade fraud and smuggling in Ho Chi Minh City and southern border provinces have been forced to work hard ahead of Tet (Lunar New Year), which falls on February 12 this year.