Tags: penalties

Serious violations during MobiFone-AVG acquisition to draw penalties

Serious violations during MobiFone-AVG acquisition to draw penalties

Leaders of the Ministry of Information and Communications (MIC) and Vietnam Mobile Telecom Services One Member Limited Liability Company (MobiFone) seriously violated the law when MobiFone acquired AVG, confirmed the Central Inspection Commission of the Communist Party of Vietnam.

Penalties imposed on defendants involved in Trust Bank case

Penalties imposed on defendants involved in Trust Bank case

The Ho Chi Minh City People’s Court on May 4 gave punishments from three-year suspended prison sentences to seven-year imprisonment to the defendants charged with “violating regulations on lending in activities of credit institutions” at Dai Tin Commercial Joint Stock Bank (Trust Bank), the predecessor of the Vietnam Construction Bank (VNCB).