HCM City court upholds jail sentence for Phan Van Anh Vu

HCM City court upholds jail sentence for Phan Van Anh Vu

The Ho Chi Minh City People’s Court upheld a 17-year jail sentence for Phan Van Anh Vu, Chairman of the Board of Directors of the Bac Nam 79 Construction Company, on the charge of “abusing position and power while performing duties” during an appeal court on June 7. 
Court resumes Dong A Bank appeals trial

Court resumes Dong A Bank appeals trial

The HCM City High-Level People’s Court on Monday (May 27) resumed the appeals trial of defendants involved in wrongdoings at Dong A Bank (DAB), which incurred losses of more than VND3.6 trillion (US$154 million).
Court postpones Dong A Bank appeal due to absence of defendants

Court postpones Dong A Bank appeal due to absence of defendants

The Ho Chi Minh City People’s Court on April 22 postponed an appeal trial that had been proposed by the HCM City People’s Procuracy to ensure the legitimate rights and interests of defendants and others connected to a case involving losses incurred by Dong A Bank (DAB).
Former officials of Dong A Bank prosecuted again

Former officials of Dong A Bank prosecuted again

The Investigation Police Agency under the Ministry of Public Security said on Thursday it has started criminal proceedings against 10 defendants, including former General Director of the Dong A Bank (DAB) Tran Phương Binh and former DAB Deputy General Director Nguyen Thi Ngoc Van.
Former Director General gets life imprisonment for big loss at Dong A Bank

Former Director General gets life imprisonment for big loss at Dong A Bank

Former Director General of the Dong A Bank Tran Phuong Binh was sentenced to life in prison by the Ho Chi Minh City People’s Court on December 20 in the trial of 26 defendants who were involved in the loss of over 3.6 trillion VND (153.47 million USD) at the bank.
PNJ highly valued despite Dong A Bank fraud case

PNJ highly valued despite Dong A Bank fraud case

Despite its ties to struggling Dong A Bank, Vietnam’s top jeweller Phu Nhuan Jewelry JSC’s stock is still considered attractive due to its growth potential.