On the afternoon of September 10, a representative from Vingroup revealed that less than 24 hours after announcing legal action against 68 organizations and individuals, both domestic and foreign, for spreading false information about the conglomerate, over 50 social media channels and pages had proactively removed clips and articles containing slanderous and defamatory content.
These channels operated on various platforms, including Facebook, TikTok, and YouTube, with some accounts being among those named in the lawsuit. Many account owners not only deleted the offending content but also posted apology videos, made public corrections, or sent direct apologies to Vingroup and relevant authorities. A notable example is the BLV Doan Chinh BDS channel, which publicly acknowledged its mistakes and apologized to its audience.
Specifically, on September 10, the BLV Doan Chinh BDS YouTuber uploaded a nearly 20-minute video to officially rectify and apologize to Vingroup, its customers, and the community for any previous misinformation.
BLV Doan Chinh BDS YouTuber posted an apology video. Screenshot
In the video, BLV Doan Chinh BDS admitted to posting a total of 15 videos related to Vingroup, some of which contained inaccurate information about the company’s financial and legal situation. The YouTuber attributed these mistakes to a lack of economic and financial understanding and excessive reliance on foreign sources such as Asia Times and Reuters, as well as content circulating on the internet, without proper verification from reputable domestic media outlets.
The content creator acknowledged two serious errors in their videos. First was the claim that “Vingroup is in debt of VND 800 trillion and on the brink of bankruptcy,” whereas the consolidated financial report as of June 30, 2025, indicated a total loan amount of approximately VND 283 trillion, with a debt-to-equity ratio of 1.8, well within safe limits. The second error involved certain comments pertaining to legal policies, which led the public to mistakenly believe that the government favored Vingroup, whereas, in reality, the decrees applied to the entire private economic sector.
Videos spreading false information about Vingroup. Screenshot
The YouTuber emphasized that there was no malicious intent or desire for personal gain behind the dissemination of this misinformation, acknowledging that it stemmed from their own subjective views, lack of knowledge, and negligence in content production. “I realize that labeling it as a ‘personal opinion’ does not absolve me of my responsibility,” they expressed.
To rectify the situation, the YouTuber has taken down all videos related to Vingroup that contained misleading content, published this public apology, and pledged to rely solely on official sources going forward, as well as to cease any further violations.
Additionally, the channel owner offered apologies to Vingroup, its leaders and affected employees, and the entire audience and community for contributing to the spread of fake news.
Concluding the video, Doan Chinh expressed readiness to take responsibility for their actions under the law and hoped that their sincere efforts to correct the mistakes would be acknowledged by both the audience and Vingroup.
Apart from the aforementioned YouTube channel, Vingroup noted that several other pages had also deleted or hidden misleading videos, including: Cau Chuyen Hang Gia (with 32,500 subscribers on YouTube), Linh lam Bao News (33,100 subscribers), LOA PHUONG PODCAST Official (72,900 subscribers), Tin Moi (4,900 subscribers), and 8win.tin.tuc.tong.hop (199,000 likes on TikTok)…
Vingroup views the proactive cleanup of negative and toxic content by these channels as a positive sign, indicating that individuals have recognized their wrongdoing and are taking steps to rectify the situation.
Regarding the progress of the lawsuit, Vingroup’s representative stated that, aside from a small number of account owners like Phuong Ngo and Hoang Dung, for whom additional information is needed, the majority of the cases are nearing the completion of pre-trial procedures for submission to local courts in the countries where the account owners reside. Additionally, the lawsuit against Phil Dong has been filed with the Superior Court of Justice in Toronto, Canada, and has been accepted.
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Vingroup Files Lawsuit Against 68 Entities for Spreading False Information About the Corporation.
On September 8, 2025, Vingroup filed civil lawsuits and reported to the authorities about 68 organizations and individuals, both domestic and foreign, who had disseminated false information about the conglomerate on the Internet. Vingroup’s resolute stance against such acts of distortion, fabrication, and intentional misguidance of public opinion serves not only to protect the legitimate interests of the company but also upholds social welfare and the integrity of the law.
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