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Update news Van Thinh Phat Group
The Hanoi Department of Planning and Investment has announced the freezing of assets of 762 companies in connection with Van Thinh Phat Holdings Group Corporation, whose chairwoman Truong My Lan was detained over alleged appropriation of assets.
The State Bank of Vietnam (SBV) decided to appoint Mr. Vu Anh Duc as Chairman of the Board of Saigon Joint Stock Commercial Bank (SCB), starting on October 14, 2022.
The central bank decided this evening to put the Saigon Commercial Bank (SCB) under special surveillance as the bank has been struggling with difficulties, particularly mass cash withdrawals by clients.
Those accounts gave fake information related to Saigon Commercial Joint Stock Bank (SCB) and An Dong Investment Group Corporation.
Minister of Finance Ho Duc Phoc said all bond issuers have committed to pay debts on schedule.