The Ho Chi Minh City Department of Justice has issued Decision 69/QD-THADS, thereby revoking a portion of the enforcement decision upon request No. 3699/QD-THADS dated June 17, 2025, of the Chief of the Ho Chi Minh City Department of Justice, regarding the enforcement of the Truong My Lan case, phase 2.
Truong My Lan and her granddaughter, Truong Hue Van, at the phase 2 appellate trial. Photo: Tan Chau
Accordingly, the Ho Chi Minh City Department of Justice revoked the decision to pay compensation from Truong My Lan (Chairman of Van Thinh Phat Group) to 188 bondholders and companies related to Van Thinh Phat Group.
According to the list of 188 bondholders issued by the Ho Chi Minh City Department of Justice, the amount of compensation Truong My Lan has to pay ranges from a few hundred million VND to over 4.5 billion VND per bondholder. However, nearly two months have passed, and the 188 bondholders officially listed on the legal documents have yet to come forward to receive their compensation.
The Ho Chi Minh City Department of Justice stated that the above-mentioned 188 bondholders are now deceased or have transferred, donated, or gifted their bonds…
In phase 2 of the Truong My Lan – Van Thinh Phat case, the appellate court ruled that Truong My Lan must compensate more than 30,000 billion VND to over 43,000 bondholders. The Ho Chi Minh City Department of Justice has made two payments totaling nearly 8,000 billion VND to over 41,000 bondholders, with a rate of 24.81% for the first payment and 24.53% for the second.
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