As the central bank has threatened to impose stiff fines or punishment on bank shareholders who have share proportions higher than the permitted levels, many bankers are believed to be selling parts of their shares to reduce ownership ratios.

 VietNamNet Bridge – Vietnamese tycoons have spent extravagant sums on their mansions, in a country with per capita income of just over $1,100 a year.

 VietNamNet Bridge – A businessman in HCM City has decided to buy two helicopters and 100 vessels worth trillions of dong to go fishing in the Hoang Sa archipelago.

VietNamNet Bridge – “East European group” refers to the group of Vietnamese businessmen starting up in East European countries and developing their business in Vietnam.

 VietNamNet Bridge – Only several out of the 195 super rich Vietnamese men whose total assets have reached $20 billion have shown their faces, while the other 195 men’s names remain in the darkness.

 VietNamNet Bridge – Vietnamese businessmen not only have big money and power, but they also know well how to use the money to entertain themselves and show up their upper class.

 VietNamNet Bridge – A tycoon in the plastic industry is believed to be the owner of the largest and most valuable collection of super-cars in Vietnam, with many cars worth a million of US dollars.

 VietNamNet Bridge – Vietnam is witnessing the movement of Viet Kieu returning to the homeland to develop their life’s works. Many of them are from Russia.

 VietNamNet Bridge – The recent released reports by commercial banks have given many people a shock, because the real owners of the banks are the names still unfamiliar to them.

 VietNamNet Bridge – The decision by Hoang Anh Gia Lai Group to undergo a “major operation” by selling real estate projects has been described as an unwise move.

 VietNamNet Bridge – Vietnamese businessmen always need the support of the Gods when doing business. Therefore, they are willing to spend billions of dong just to set up altars at home, or build family tombs.

VietNamNet Bridge – The Year of Dragon 2012, in Oriental philosophy, is a good year for businessmen. However, it turned out to be an unlucky year for many heads of securities companies.

Hoang Kieu, President of the US-based RAAS Group, a tycoon, who once appeared in all local newspapers when heating up the mild land area of Tien Giang with a lot of promised huge projects, has disappeared quietly.

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.