return icon

Borrowers fall into trap of low-interest loans offered online

Scammers are impersonating officers of online lending apps, promising loans at low interest rates in order to appropriate money from people.



Pham Quang K, (mobile phone 9371587xx), said he received a call from a man named Mai Anh (0931536583), who said he was an officer of Fiin Credit and offered a preferential loan to K.

The man talked about the procedures K had to follow and then asked K to prove his solvency by remitting an amount of money to Anh. However, as K was always on high alert, he could not be deceived.

In another case, N.T.T.T in HCM City said a man, who introduced himself as an officer of Fiin Credit, called her and showed her how to download app, registered for preferential loan via website After that, she received a notice which said the loan was approved and that she had to remit 10 percent of the value of the loan to the lender to prove her financial capability.

T discovered suspected signs and asked the man to meet her at the office of Finn Credit, but the man did not turn up. Later, she contacted Fiin Credit and realized that the subject tried to deceive her into giving him money.

Meanwhile, many other people have fallen into the traps. Dang D (mobile phone 08687236xx), remitted 10 percent of the value of the loan to the lender to prove his capability to pay debts as requested. After the remittance was completed, D could not contact the subscriber.

Ngo N. (03332934xx), said someone called from 0772311110, inviting her for a preferential online loan. She was also asked to remit money to prove financial capability. After receiving money from N, the lender disappeared.

According to Tran Viet Vinh, CEO of Fiin Credit, many people only realized that they were deceived after directly calling Fiin Credit.

“Of the people who called us and reported their cases, 21 remitted money to scammers, totaling VND529 million,” he said.

Le Minh Hai, CEO of, said scammers impersonated his company to appropriate people’s money. They asked borrowers to make a deposit equal to 10-30 percent of the value of the loans.

Tran The Vinh, CEO of Tima, reported the same problem. His clients said they were informed that there were loans for them, though they had not registered for loans. When they were asked to remit money, they immediately realized that the lenders were scammers. One man in Bac Giang was cheated out of VND4.5 million, and Tima helped him report the case to Bac Giang Police. 

Thai Khang

Ministry warns of scam calls from overseas telephone numbers

Ministry warns of scam calls from overseas telephone numbers

The Ministry of Information and Communications (MIC) has informed the public to be wary of incoming calls from overseas telephone numbers that could be scams or blackmail attempts.

Gang colludes with foreigners to cheat Vietnamese women

Gang colludes with foreigners to cheat Vietnamese women

Gang members got acquainted with Vietnamese women, declared their love for them, and then presented them with gifts. 


Vietnam among world's worst performing stock markets in first half

In the first half of 2022, both market's benchmark index and liquidity plunged sharply, with the VN-Index posting a dip of over 20 per cent, making it one of the world's worst-performing stock markets.

Vietnam, Thailand to soon resume commercial flights

Vietnam and Thailand should soon restore commercial flights and open new routes to facilitate tourism and trade cooperation between the two countries.


Vietsovpetro launches two support sets of Dragon oilfield

New milestone in Vietnam’s relations with Hungary, UK

The five-day visits of Vietnam’s National Assembly Chairman Vuong Dinh Hue to Hungary and the UK marked a new milestone in bilateral relations, eventually contributing to the Vietnam-EU partnership.

Vietnam remains among major global production facilities

The nation continues to be "named" in the list of major global production facilities, with six-month export turnover reaching US$185.94 billion, marking a year-on-year rise of 17.3% and a trade surplus of more than US$ 700 million.

Steering committee established to boost economic recovery effort

The Government has established a steering committee for the deployment of the country’s economic recovery and development program, led by Deputy Prime Minister Le Minh Khai.

Entertainment and cultural events of the week (July 4-10)

Upcoming entertainment and cultural events in Vietnam's major cities on July 4-10/2022.

Kim Duyen wins Supra Model Asia at Miss Supranational 2022

Kim Duyen - Vietnamese representative at Miss Supranational 2022 - qualified in the top 11 Supra Chat and was awarded the title of Supra Model Asia of Miss Supranational 2022.

VN Trade Promotion Department lauds ASEAN export opportunites

Vietnamese businesses have many opportunities to increase export goods to Thailand, Laos and Cambodia, according to the Trade Promotion Department of the Ministry of Industry and Trade.

New policy boosts insurance market's long-term development

The newly-issued Law on Insurance Business is expected to positively impact the insurance market's long-term development.

Rules on business in prize electronic games for foreigners

The Ministry of Finance has issued a circular guiding the implementation of some articles of the Government’s Decree No. 121/2021/ND-CP on business in prize electronic games for foreigners in Vietnam.

Vietnam wins 13 awards at “Two country circuit” photo contest

Vietnamese photographers have won 13 medals and certificates of honour in travel, portrait and free categories at the 7th “Two Country Circuit” photo contest 2022.

True Italian Taste 2022 promotes Italian cuisine in VN

True Italian Taste 2022, a project aiming to promote authentic Italian cuisine to the world, has kicked off in Vietnam.

Who will work when so many public-sector staff have been disciplined?

“No need to worry that the country won’t have cadres to work," said Party Secretary General Nguyen Phu Trong.

Labour export to South Korea temporarily halted for eight localities

The Ministry of Labour, Invalids and Social Affairs (MoLISA) has announced that the labour migration programme with South Korea will be temporarily suspended for eight districts, towns and cities.