What is the Purpose of the Civil Judgment Execution Completion Certificate?
On September 19, the Civil Judgment Execution Department of Hanoi announced the issuance of a civil judgment execution completion certificate to Mr. Trịnh Văn Quyết (former Chairman of FLC Group) and his two sisters, Trịnh Thị Minh Huế (former accountant at FLC Group) and Trịnh Thị Thúy Nga (former Deputy Director of BOS Securities Company).
As of mid-August 2025, Mr. Trịnh Văn Quyết has paid a criminal trial fee of 200,000 VND, a fine of 4 billion VND, and over 1.466 billion VND in joint civil trial fees. He also voluntarily contributed nearly 9.6 billion VND to the state treasury.
Additionally, Mr. Quyết and his two sisters have fully paid over 684 billion VND to the state treasury, representing illicit gains from stock market manipulation.
The family has also paid over 1,783 billion VND in compensation to tens of thousands of victims, though they have not yet requested a certificate for this payment.
The Civil Judgment Execution Completion Certificate is a crucial factor in considering future sentence reductions.
Earlier in August 2025, the Civil Judgment Execution Department of Hanoi received 11,806 execution requests from parties involved in the “fraud and stock market manipulation” case at FLC Group.
After processing, the department issued execution decisions for 7,000 individuals, handling nearly 1,500 billion VND.
Some requests were incorrectly filed and are being reviewed for further action.
Trial of Trịnh Văn Quyết and accomplices.
To expedite the process, the department formed a 11-member reception team and a 19-member enforcement team, along with an accounting team.
The department also developed specialized software for the FLC case to ensure efficient and accurate processing, minimizing errors.
Officials are instructed to handle requests promptly and without causing difficulties for citizens.
The execution process for the FLC case is expected to be completed in September 2025.
Appellate Court Significantly Reduces Sentences for Trịnh Văn Quyết and His Siblings
In late June 2025, the appellate court reduced Mr. Trịnh Văn Quyết’s sentence from 21 years to 7 years for “Fraud” and “Stock Market Manipulation.”
His sister, Trịnh Thị Thúy Nga, received a sentence equivalent to her detention period and was released immediately (initially sentenced to 8 years). Trịnh Thị Minh Huế was sentenced to 4 years and 6 months (initially 14 years).
Other defendants received significant reductions or fines instead of imprisonment for “Stock Market Manipulation.”
The appellate court acknowledged Mr. Quyết’s full compensation of 2,470 billion VND.
From May 2017 to January 2022, Mr. Quyết directed his sisters and accomplices to establish companies and open securities accounts using employees’ and relatives’ identities.
They manipulated five stock codes (AMD, HAI, GAB, FLC, ART), profiting over 723 billion VND.
From 2014 to September 2016, Mr. Quyết inflated Faros Company’s capital from 1.5 billion VND to 4,300 billion VND through fraudulent contributions.
The court found that Mr. Quyết orchestrated the purchase of Faros, capital inflation, and stock listing to profit illegally.
He also directed subordinates to use fake IDs for trading and manipulate stock prices to defraud investors.
Trịnh Thị Minh Huế and Trịnh Thị Thúy Nga were key accomplices, with Huế playing the most active role in aiding her brother’s illegal gains.
Indictment Sought for Two Former Chairmen of a Listed Company for Alleged Capital Inflation
The company listed and offered for sale 25,350,000 shares with the ticker symbol TOP on the stock exchange. These shares were devoid of intrinsic value and were issued with the sole intent of defrauding investors. The total amount swindled from unsuspecting investors amounted to a staggering sum of over 64 billion VND.
The End of FLC’s Billion-Dollar Project in Kon Tum
The Kon Tum Provincial Department of Planning and Investment has announced the termination of the FLC Group Joint Stock Company’s commercial, entertainment, and service trade complex and townhouse project.
The Return of the Veteran: Who Will Be the Next FLC Hot Seat Judge?
The FLC Group (UPCoM: FLC) has announced a change in its leadership, with a notable return of Ms. Bui Hai Huyen as the CEO of FLC, a position she held previously over a year ago.
The End of the Road for FLC’s 2,000 Billion VND Township in Kon Tum
FLC Legacy Kon Tum is a visionary project located in the heart of Kon Tum’s administrative center. This ambitious development aims to become the pinnacle of commercial, service, and residential complexes, not just in Kon Tum but across the entire Central Highlands region.
The FLC’s Super Project in Quang Binh: A Revived Vision
After a long period of stagnation due to the arrest of Mr. Trinh Van Quyet, FLC Group has recently planned to restart the mega seaside resort project spanning almost 2,000 hectares across Quang Ninh and Le Thuy districts in Quang Binh province.
