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☆ Real estate tycoon must pay $9 billion to avoid execution in Vietnam
▼ + stars: | 2024-12-03 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +2 min

HANOI, Vietnam — A court in Vietnam on Tuesday upheld a death sentence for real estate tycoon Truong My Lan after rejecting her appeal against a conviction for embezzlement and bribery in a high-profile $12 billion fraud case, state media reported. Lan, the chairwoman of real estate developer Van Thinh Phat Holdings Group, was sentenced to death in April for her role in what was Vietnam’s biggest financial fraud case on record. The High People’s Court in southern Ho Chi Minh City determined there was no basis to reduce Lan’s death sentence, reported online newspaper VnExpress. Documents reviewed by Reuters showed Vietnam’s central bank had as of April pumped $24 billion in “special loans” into SCB. Apart from the death sentence, Lan was handed a life sentence at a separate trial in October after being found guilty of obtaining property by fraud, money laundering and illegal cross-border money transfers.

Persons: Truong My Lan, Lan, Van Thinh, “, Vietnam’s cassation Organizations: Van Thinh Phat Holdings Group, Court, Reuters, Vietnam’s, Stock Commercial Bank, SCB Locations: HANOI, Vietnam, Ho Chi Minh City, Saigon

☆ Truong My Lan: Tycoon on death row for $12 billion fraud loses appeal in Vietnam court
▼ + stars: | 2024-12-03 | by ( Story Reuters | ) edition.cnn.com time to read: +2 min

Hanoi, Vietnam Reuters —A court in Vietnam on Tuesday upheld a death sentence for real estate tycoon Truong My Lan after rejecting her appeal against a conviction for embezzlement and bribery in a high-profile $12 billion fraud case, state media reported. Lan, the chairwoman of real estate developer Van Thinh Phat Holdings Group, was sentenced to death in April for her role in Vietnam’s biggest financial fraud case on record. The High People’s Court in southern Ho Chi Minh City determined there was no basis to reduce Lan’s death sentence, reported online newspaper VnExpress. If Lan is able to return three-quarters of the money embezzled while on death row, it is possible the sentence could be commuted to life imprisonment, the report said. Apart from the death sentence, Lan was handed a life sentence at a separate trial in October after being found guilty of obtaining property by fraud, money laundering and illegal cross-border money transfers.

Persons: Vietnam Reuters —, Truong My Lan, Lan, Van Thinh, “, Vietnam’s cassation Organizations: Vietnam Reuters, Van Thinh Phat Holdings Group, Court, Reuters, Vietnam’s, Stock Commercial Bank, SCB Locations: Hanoi, Vietnam, Ho Chi Minh City, Saigon

☆ A Vietnamese tycoon is scrambling to raise $9B to avoid execution
▼ + stars: | 2024-12-03 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

AdvertisementVietnamese real estate tycoon Truong My Lan had her appeal against the death sentence rejected. Judges said her sentence may be reduced if she paid three-quarters of the $12 billion she embezzled. A Vietnamese real estate tycoon is desperately trying to raise $9 billion to avoid the death penalty after her bid to appeal the sentence was rejected on Tuesday. Advertisement"However, these require time and effort to sell, as many of the assets are real estate and take time to liquidate," Nguyen said. Lan's lawyers also said that the death sentence would make it harder for her to negotiate the best prices for her assets.

Persons: Truong, Lan, Van Thinh, Khac Giang, – Yusof, Vietnam aren't, she's, Nguyen Huy Thiep, Nguyen, Eric Chu, Truong Hue Van Organizations: Saigon Commercial Bank, Vietnam Studies, Institute, BBC Locations: Saigon, Ho Chi Minh City, Vietnam, Truong Hue

☆ Dozens of zoo tigers die after contracting bird flu in southern Vietnam
▼ + stars: | 2024-10-04 | by ( Story Associated Press | ) edition.cnn.com time to read: +2 min

Hanoi, Vietnam AP —More than a dozen tigers were incinerated after the animals contracted bird flu at a zoo in southern Vietnam, officials said. The panther and 20 tigers, including several cubs, weighed between 10 and 120 kilograms (20 and 265 pounds) when they died. Samples taken from the tigers tested positive for H5N1, the virus that causes bird flu. The 30 staff members who were taking care of the tigers tested negative for bird flu and were in normal health condition, VNExpress reported. Bird flu has caused hundreds of deaths around the world, the vast majority of them involving direct contact between people and infected birds.

Persons: VNExpress, ”, Nguyen Ba Phuc, Jason Baker, ” Baker Organizations: Vietnam AP, Health, ” PETA, Associated Press Locations: Hanoi, Vietnam, Vuon, Bien Hoa, Long An, United States, California

☆ Hundreds of thousands of fish died in a single reservoir in Vietnam, another sign of how climate change is strangling the economy
▼ + stars: | 2024-05-06 | by ( Meghan Morris | ) www.businessinsider.com time to read: +4 min

A prolonged drought in southeast Asia contributed to massive fish deaths in southern Vietnam. The climate crisis and human development threaten the Mekong Delta, a key global agricultural center. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In Vietnam, the maze of wetlands that comprise the Mekong Delta is called the country's "rice bowl" because of the vast agriculture it supports. Related storiesMeanwhile, in southern Vietnam, hundreds of thousands of fish died in a reservoir last month as temperatures peaked over 100 degrees Fahrenheit and no rain fell for weeks, the AFP reported.

Persons: —, El Niño, they're, Ksor Phung, VnExpress Organizations: Service, Mekong Delta, country's Ministry of Natural Resources, Environment, World Bank, AFP, Residents, Business, Getty, Commission Locations: Asia, Vietnam, Delta, El, Mekong

☆ Apple plans to spend more in Vietnam as it looks beyond China
▼ + stars: | 2024-04-18 | by ( Anna Cooban | ) edition.cnn.com time to read: +5 min

Apple (AAPL) has already spent almost $16 billion through its supply chain in the country since 2019, the government quoted Cook as saying. According to the statement, Cook said Apple “stands ready … to enhance cooperation and investment activities” in the Southeast Asian country. Nguyen, whose firm manages $6 billion in assets, told CNN that labor costs in Vietnam’s manufacturing sector are about half those in neighboring China. That’s a big draw for foreign tech companies looking to hire workers for their factories, and find consumers for their products. Still, Vietnam represents a far smaller market than India, which has also been wooing large foreign companies, including Tesla (TSLA), to set up factories in the country.

Persons: Tim Cook, Pham Minh Chinh, Cook, Apple “, Thuy Anh, Nguyen, Dan Ives, “ We’re, ”, “, Tuan Hung, Ho, That’s, Ives, Juliana Liu Organizations: London CNN, Apple, Vietnamese, Dragon, CNN, country’s Ministry of Planning, Investment, Wedbush Securities, Intel, Consumer, Monetary Fund Locations: Vietnam, China, Hanoi, Beijing, India, United States, Ho Chi Minh City, Washington, That’s, Europe

☆ Vietnamese boy trapped in concrete pile on New Year’s Eve is pronounced dead
▼ + stars: | 2023-01-05 | by ( ) www.nbcnews.com time to read: +1 min

HANOI, Vietnam — A 10-year-old Vietnamese boy who fell into the narrow open shaft of a concrete pile at a construction site on New Year’s Eve has been confirmed dead, state media said Wednesday. Rescuers spent nearly 100 hours trying to free the boy, Ly Hao Nam, from the 115-foot-long support pillar driven into the ground, but without success, online newspaper VnExpress cited a local government official as saying. “The authorities have determined that the victim has died and are trying to recover his body for the funeral,” deputy chairman of the southern province of Dong Thap, Doan Tan Buu, was quoted as saying. Doan Tan Buu, deputy chairman of the southern Vietnamese province of Dong Thap, said Wednesday that authorities were trying to recover the boy’s body. Earlier on Wednesday, Vietnamese Prime Minister Pham Minh Chinh had urged rescuers and local authorities to mobilize all equipment and forces needed, the government said.

☆ Во Вьетнаме обнаружили гибридный штамм коронавируса
▼ + stars: | 2021-05-29 | by ( Mld Media Srl | ) noi.md time to read: 1 min

Министерство здравоохранения Вьетнама сообщило о появлении нового варианта коронавируса с характеристиками существующих британского и индийского штаммов, сообщает издание VnExpress. По предварительным данным, гибридный штамм более заразен и легко передается по воздуху. Из-за его появления в стране выросло число новых случаев COVID-19. По данным ВОЗ, во Вьетнаме зарегистрировали 6356 заболевших.

Organizations: Министерство здравоохранения, ВОЗ Locations: Вьетнам

☆ În Vietnam a fost descoperită o variantă foarte contagioasă a Covid-19, care combină tulpina indiană cu cea britanică
▼ + stars: | 2021-05-29 | by ( ) www.jurnal.md time to read: +1 min

Sursa foto: ReutersÎn Vietnam a fost descoperită o variantă foarte contagioasă a Covid-19, care combină tulpina indiană cu cea britanicăMinistrul Sănătății din Vietnam a anunțat sâmbătă că a fost detectată o nouă variantă a coronavirusului, o combinație între tulpina britanică și tulpina indiană, care se răspândește cu rapiditate prin aer, scrie Reuters, citând publicația online VnExpress. Vietnam a întregistrat aproape 6.400 de cazuri de coronavirus de la începutul pandemiei, scrie Digi24. "După ce am făcut secvențierea genetică, am descoperit o variantă nouă, care este o combinație între tulpnile britanică și indiană", a declarat ministrul Nguyen Thanh Long. "Mai exact, este o variantă indiană care prezintă mutații care inițial au aparținut varioantei britanice", a mai spus el. Până acum, în Vietnam au fost identificate șapte variate ale virusului: B.1.222, B.1.619, D614G, B.1.1.7 (varianta britanică), B.1.351, A.23.1 și B.1.617.2 (varianta indiană).

Persons: Reuters, Nguyen, Long, B, . Organizations: Ministrul Sănătății, Sănătății Locations: Vietnam, Vietnamul, britanică

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