Vietnam Real Estate Queen Truong My Lan’s $12 Billion Downfall …
15 hours ago · Truong My Lan at her first trial in Ho Chi Minh City. The real estate mogul was convicted of masterminding a $12.3 billion dollar fraud in April, and sentenced to death.
Vietnamese real estate tycoon sentenced to life for billions in
HANOI, Vietnam (AP) — A Vietnamese real estate tycoon was convicted Thursday of fraudulently obtaining property worth billions of dollars in a case that has been a centerpiece of the...
Vietnamese real estate tycoon found guilty of billions in fraud in ...
1 day ago · HANOI, Vietnam -- A Vietnamese real estate tycoon was convicted Thursday of fraudulently obtaining property worth billions of dollars in a case that has been a centerpiece of the government's crackdown on corruption.
Vietnam real estate mogul found guilty in second fraud trial
1 day ago · HO CHI MINH CITY – A Vietnamese real estate tycoon facing the death penalty for fraud was found guilty on additional charges, showing the extent of the ruling Communist Party’s determination...
Vietnamese real estate tycoon faces second fraud trial after death ...
Sep 19, 2024 · Vietnamese state media say the second trial for real estate tycoon Truong My Lan — who was sentenced to death for financial fraud in April — started on Thursday.
Vietnam tycoon sentenced to death in $12 billion fraud case - CNN
Apr 11, 2024 · A court in Vietnam sentenced real estate tycoon Truong My Lan to death Thursday over her role in a 304 trillion dong ($12.5 billion) financial fraud case, the country’s biggest on record,...
Explainer: Vietnam's real estate woes: how much worse can they …
Oct 27, 2023 · HANOI, Oct 26 (Reuters) - A rough year for Vietnam's real estate sector has seen developers miss interest payments on debt, amid a credit crunch spurred by ill-timed government measures,...
$12.5B fraud trial: Vietnamese tycoon Truong My Lan faces death - AP News
Mar 5, 2024 · HANOI, Vietnam (AP) — Real estate tycoon Truong My Lan faces the death penalty in a trial that began Tuesday over alleged fraud amounting to $12.5 billion — nearly 3% of the country’s 2022 GDP and Vietnam’s largest financial fraud case on record.
Vietnam seeks to kick-start property recovery after confidence …
Aug 27, 2023 · The tumult set off a fire sale of Vietnamese real estate bonds, many of which fell deep into distressed territory. Hundreds of smaller developers and property groups were forced into...
Real estate market to recover in Q2 2024, accelerate in ... - Vietnam News
Dec 18, 2023 · HCM CITY — Việt Nam's real estate market will bounce back starting from the second quarter of 2024, and prosper into 2025, experts said.