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Update news Dang Van Thanh
Dang Van Thanh lost in the battle for control over Sacombank five years ago, but he has returned to business and is prospering. However, the former winner in the bank battle – Tram Be – has been sentenced to prison.
In recent days, potential candidates have been lining up to participate in restructuring Sacombank, one of the largest joint stock commercial banks in Vietnam, drawing avid attention from the public.
VietNamNet Bridge - There are signs showing that Dang Van Thanh, a one-time tycoon, is returning to business with ambitious plans.
The State Bank of Vietnam’s inspectors have come to a conclusion that the loans to Dang Van Thanh and his family’s companies some years ago were illegal, forcing Thanh to pay debts to reduce the outstanding loans to the allowed level.
VietNamNet Bridge - 2012 is about to pass. Looking back at the business circle, one can see that this was a stormy year for Vietnamese moguls.