Tag: exchange rates

For years, SII has been operating at a loss, relying on funds generated from unusual loans backed by the sale of significant assets.

"Bribery and corruption are prevalent issues in many societies, and Vietnam is no exception. In a recent scandal, Mr. Pham Van Cach was implicated in a bribery scheme, where he allegedly paid over VND 71 billion in bribes to facilitate the supply of medicines without hindrance. This shocking revelation has once again brought to light the deep-rooted corruption that plagues the nation and the lengths that some individuals will go to in order to achieve their nefarious goals."

"Billions of dollars in high-rise projects lie dormant and abandoned along Hanoi's Ring Road 3, an eyesore and a stark reminder of wasted investment. A decade in the making, these concrete skeletons stand as a testament to failed ventures and missed opportunities, their desolate presence a blight on the city's landscape."