Vietnam's central bank is finalising a report, based on a plan from an unspecified investor, to restructure ailing Saigon ...

Vietnam's central bank is drafting a plan to restructure the troubled Saigon Joint Stock Commercial Bank, the lender at the ...

Despite a sentence reduction in one charge, Truong My Lan remains under a consolidated death sentence and must pay 31 billion ...

HO CHI MINH CITY] Vietnamese property tycoon Truong My Lan on Monday (Apr 21) won an appeal against her life sentence for ...

Truong My Lan had already lost a challenge against the death penalty in a separate case in which she was found guilty of stealing money from Saigon Commercial Bank.

A Vietnamese property tycoon who was jailed for life in a US$17 billion ($28b) money laundering case had her sentence cut to ...

Last month, Reuters reported that Vietnam developer Sun Group had proposed a rescue plan for SCB, which entailed the full reimbursement within 15 years of nearly $26 billion the central bank has ...

A Vietnamese property tycoon who was jailed for life in a US$17 billion money laundering case had her sentence cut to 30 ...

The report gave no details on the plan or a timeframe for its submission. The State Bank of Vietnam placed SCB under its supervision to stem a run on the bank sparked by the October 2022 arrest of ...

[HANOI] Vietnam’s central bank is drafting a plan to restructure the troubled Saigon Joint Stock Commercial Bank (SCB), the lender at the centre of the country’s biggest financial fraud on record, ...