The Business Times: Banking tycoon Nguyen Duc Kien sentenced 30 years

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• Banking tycoon Nguyen Duc Kien sentenced 30 years
• PM opens country’s longest bridge
• Decree outlines regulations on local e-commerce sites

Banking tycoon Nguyen Duc Kien sentenced 30 years Posted: 09 Jun 2014 03:16 AM PDT Vietnamese banking tycoon, Nguyen Duc Kien, was sentenced to 30 years in prison today for four offenses, the same term suggested by People’s Procuracy. Nguyen Duc Kien at the final court on June 9 morning. According to the verdict read at the Hanoi People’s Court, Nguyen Duc Kien, 50, was found guilty of fraud, tax […] The post Banking tycoon Nguyen Duc Kien sentenced 30 years appeared first on Vietnam Business News.

PM opens country’s longest bridge Posted: 09 Jun 2014 01:48 AM PDT Prime Minister Nguyen Tan Dung yesterday attended the inauguration ceremony of a bridge spanning the Red River, linking Ha Noi’s outlying town of Son Tay with Vinh Tuong District in Vinh Phuc Province. As the longest river crossing in the country, the 5,487m Vinh Thinh Bridge was built by engineers and workers from Viet Nam […] The post PM opens country’s longest bridge appeared first on Vietnam Business News.

Decree outlines regulations on local e-commerce sites Posted: 09 Jun 2014 01:41 AM PDT Unregistered e-commerce websites will be fined between VND20-30 million (US$952-1,428). This follows the issuing of Decree 185/2013/ND-CP on consumer protection and trading in fake or banned goods. It came into effect in January. Under the decree, trading in fake products on e-commerce sites is subject to fines of VND40-50 million ($1,904-2,380). Fake goods will be […] The post Decree outlines regulations on local e-commerce sites appeared first on Vietnam Business News.

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