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In the initial public offering, the company sold some 391 million shares to about 30,000 investors, defrauding them of 3.6 trillion Vietnamese dong (about $144 million) according to the indictment.
Viễn Đông Daily News (Vietnamese: Nhật báo Viễn Đông, lit. 'Far East Daily News') is one of the three largest Vietnamese-language newspapers published seven days a week by Vietnamese overseas. [1] Founded in 1993, its headquarters is situated in the Little Saigon neighborhood of Westminster, California.
Approximately 50 trillion dong ($1.97 billion) of the new funding is expected to come from VinFast's founder, tycoon Pham Nhat Vuong, according to a company statement. ... one of Vietnam's largest ...
On 14 September 1985, the dong was revalued again, with one new dong worth 10 old dong. At that time, Vietnamese economists believed that revaluing the currency would increase its value, but it turned out to have the opposite effect: savings of many people were wiped out, the currency experienced unprecedentedly heavy inflation that peaked at ...
HANOI (Reuters) -Chinese online retailers Temu and Shein have suspended their operations in Vietnam as the companies work to register their e-commerce services with the Southeast Asian nation's ...
20 Dong, 1946 5 Dong, 1947 100 Dong, 1948. The government (Việt Nam Dân Chủ Cộng Hòa) issued two forms of paper money for this currency, "Vietnamese banknotes" (Giấy Bạc Việt Nam) and "Credit notes" (Tín Phiếu). In 1946, banknotes were introduced in denominations of 20 and 50 xu, 1, 5, 20, 50, 100 đồng, together with credit ...
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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 ...