Tuesday, June 10, 2014

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

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

Link to Vietnam Business News

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 […]

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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 […]

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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 […]

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