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The Big Four Accounting Scandal: Deloitte Vietnam Executives and Staff Face Audit Suspension
Four auditors from Deloitte Vietnam, including a deputy general manager, have been suspended from the audit profession.
The Online Scam Ring: Unraveling the Web of Deceit with 2,000 Daily Calls to...
In recent times, Vietnam has witnessed a surge in sophisticated cybercrimes, with perpetrators employing novel and intricate methods to target individuals and businesses alike. Of particular concern are the attacks on financial and banking institutions' information systems and the rampant online fraud that has resulted in significant financial losses and social unrest.
The Great Unloading: A Massive Sell-Off of Vietnamese Stocks by Foreign Investors
There is a strong possibility that a large foreign ETF, worth hundreds of millions of dollars, has sold off the remaining Vietnamese stocks from its portfolio during the trading sessions of July 2nd and 3rd. This move is expected to alleviate the pressure of stock supply from foreign investors in the upcoming period.
The Great Sacombank Heist: Court Orders Bank to Reimburse Customer’s Lost Funds
The court has ruled in favor of Ms. Ho Thi Thuy Duong, ordering Sacombank to refund the amount of 46.9 billion VND, along with interest as per regulations.
Biometric Authentication for Money Transfers: ‘An Absolute Necessity’
Mr. Pham Tien Dung, Deputy Governor of the State Bank of Vietnam, emphasized that biometric authentication adds an extra layer of security to banking systems, enhancing customer protection. He stated, "This is a massive campaign and an absolute necessity; there is no alternative."
