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bond
US to launch stablecoin backed 100% by government bonds
US President Donald Trump's World Liberty Financial cryptocurrency project announced plans to launch a stablecoin called USD1, which can be exchanged at a 1:1 ratio with the US dollar.
Ms. Truong My Lan appeared in court for appeal in the 30,000 billion VND bond case.
Sentenced to life in prison for issuing fake bonds, appropriating more than VND30,000 billion from investors, Ms. Truong My Lan appealed for a lighter sentence. In phase 1, Ms. Lan was sentenced to death by the High People's Court in Ho Chi Minh City.
American investment legend predicts Russian economy after Ukraine conflict
Famous American investor and hedge fund manager Jim Rogers believes that Russia will have a strong economic recovery after the conflict in Ukraine ends.
Mobilized 20,760 billion VND through government bond auction
The government bond market in November recorded positive results with the mobilization volume reaching VND 20,760 billion through bidding and the secondary transaction value growing strongly.
Proposal to issue 100,000 billion VND in social housing loan bonds
The Government proposed implementing a 100,000 billion VND incentive package for social housing loans from bond capital, applicable for 5 years.
Private bond recovery with the contribution of banking group
The corporate bond market is gradually warming up again with many successful issuances, through which businesses have mobilized thousands of billions of VND.
More than 5,000 victims who bought Tan Hoang Minh bonds will receive money before September 30.
1,500 people have received money from the Hanoi Civil Judgment Enforcement Agency. It is expected that by September 30, all 6,600 victims who bought Tan Hoang Minh bonds, totaling 8,600 billion VND, will be refunded.
How Van Thinh Phat "swindled" more than 35,000 bond investors
Van Thinh Phat Chairman Truong My Lan was accused of masterminding a plan to issue about 300 million fake bonds, defrauding more than 30,081 billion VND from 35,000 people.
Corporate bond issuance soars
More than 40 businesses issued private bonds worth VND110,200 billion in the first half of the year, 2.6 times higher than the same period in 2023, according to the Ministry of Finance.
How did Ms. Truong My Lan appropriate 31,000 billion VND from nearly 36,000 people?
Ms. Truong My Lan was accused of proposing a policy of issuing 25 fake bond codes through 4 companies to mobilize more than 30,869 billion VND from 35,824 customers and then embezzling it.
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