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A Web of Debt: Auditors Question Recoverability of Social Housing Loans in Thuáºn Thà nh
The mid-year 2025 report of Thuan Thanh Social Housing paints a dire picture of prolonged losses, further compounded by a series of adverse audit opinions related to accounting practices and challenging-to-recover personal loans.
“Crystal Bay Vietnam: Navigating Through Turbulent Tides”
Crystal Bay Vietnam JSC (CBVN) suffered a post-tax loss of nearly VND 1.2 billion in the first half of 2025, a stark contrast to the profit of over VND 5.3 billion in the same period last year, as per audited financial statements.
“FDC – If at First You Don’t Succeed, Try, Try Again”
As of June 30, 2025, FDC Corporation has incurred a cumulative loss of nearly VND 165 billion. As a result, the Ho Chi Minh Stock Exchange (HOSE) has maintained its warning status on the company's stock.
