The Da Nang Department of Finance responded to voters' opinions regarding the inspection and supervision of the operations of MT Investment Consulting Co., Ltd., which defaulted on over 3.700 billion VND.
Many people who were clients of GFDI Investment Consulting Co., Ltd. flocked to the company's headquarters to demand the return of their loans, but left disappointed.
"King of K-pop" G-Dragon makes a comeback after 7 years, but the singer is now 10 billion won in debt due to addiction, forcing him to sell his parents' house.
South Asia, encompassing India, Pakistan, Bangladesh, Bhutan, Nepal, Maldives, and Sri Lanka, is experiencing prolonged turmoil due to both political and economic instability.
The Ukrainian president has signed a law allowing Kyiv to postpone debt payments to Western creditors for two months, hoping to reach an agreement with creditors to avoid default.
The 363 Task Force of the Ho Chi Minh City Police discovered a suspicious group of individuals during a patrol and organized an ambush. After three days, the police arrested the group while they were in the act of committing a robbery.
Nguyen Duc Tien and Le Van Si, members of the "Association of Bankrupt Individuals Wanting to Take Risks," were arrested while attempting to break into a villa in District 12, Ho Chi Minh City, to rob 1,1 billion VND.
Following a sharp drop in its share price, JKN Global Group Plc, the company owned by Anne Jakrajutatip, who holds the Miss Universe rights, faces the risk of bankruptcy.
Ông Đinh Quang Hiếu - Giám đốc Ngân hàng Nhà nước chi nhánh Quảng Bình nói rằng ông xin nghỉ hưu là vì lý do sức khỏe chứ không phải bị "vỡ nợ" hơn 100 tỷ đồng.
Living in constant fear every day, my children can't concentrate on their studies, and I'm constantly stressed and anxious. Should I get a divorce so that my children and I can have peace?
At the investigative agency, the head of the rotating savings and credit association (ROSCA) confessed to borrowing and collecting money from approximately 500 people, totaling 80 billion VND, and is now unable to repay the debt.
The agreement to raise the debt ceiling in Washington will help the US avoid a default, but could deal further damage to an already struggling economy.
On May 25, US President Joe Biden declared that the country would not default on its debt, but stressed that much work remains to be done before an agreement can be reached.
The police in Tuyen Hoa district (Quang Binh province) summoned several individuals who posted information online claiming that a bank branch was bankrupt for questioning.
Over 250 people gathered in front of the house of the couple who own a gold shop in Binh Chau commune, Binh Son district, Quang Ngai province, to demand repayment of a debt of nearly 100 billion VND.
Quách Ngọc Ngoan is not the only Vietnamese celebrity who has fallen into debt to the point of financial ruin; many others have faced similar situations before.
The number of corporate defaults in the European Union (EU) rose to its highest level in the last three months of 2022 since data began being recorded in 2015.
The Criminal Investigation Department of the Gia Lai Provincial Police is verifying and investigating an individual in Yen The ward (Pleiku City) accused of embezzling 46 billion VND.
Taking advantage of his position, Nhân provided false information about his ability to handle land use conversion and subdivision procedures in order to defraud and embezzle money from the public.
Having defaulted on 1.300 trillion VND in real estate debts, Le asked a friend to retrieve 19 land ownership certificates belonging to residents deposited at the Son Tra Land Registration Office in Da Nang to use as collateral for her debts, and was sentenced to life imprisonment.