Van Thinh Phat Group

Update news Van Thinh Phat Group

Assets of 762 firms related to Van Thinh Phat frozen

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.

VN Central Bank appoints new chairman of SCB

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.

Central bank puts SCB on special watch list

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.

Four people found posting false news related to SCB Bank, An Dong Company

Those accounts gave fake information related to Saigon Commercial Joint Stock Bank (SCB) and An Dong Investment Group Corporation.

Ministry of Finance confirms that investors’ benefits are guaranteed

Minister of Finance Ho Duc Phoc said all bond issuers have committed to pay debts on schedule.