Woman Arrested for Demanding VND48 Billion in High-Interest Loan Case
Economy

Woman Arrested for Demanding VND48 Billion in High-Interest Loan Case

In Da Nang, Vietnam, a woman has been arrested for attempting to recover a high-interest loan that ballooned from VND20.5 billion to over VND48.6 billion, using fake investment contracts. The illegal lending, with effective annual interest rates exceeding 100%, was uncovered.

Read up to 3 eligible full articles per Japan day (JST) for free

Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.

  • FLC Chairman Trinh Van Quyet Stripped of Lawyer's License

    Former FLC Group chairman Trinh Van Quyet and ex-executive Huong Tran Kieu Dung have been removed from the Hanoi Bar Association following criminal convictions. This action reflects the stringent enforcement of laws and corporate governance within Vietnam's one-party system.

  • IMF Praises Vietnam's Growth Outlook, Cites Economic Stability and Reforms

    The IMF has acknowledged the Vietnamese government's ongoing efforts to maintain macroeconomic stability and accelerate growth. Inflation risks are well-controlled, and the balance between structural reforms and public support consolidates the foundation for long-term growth.

  • Trịnh Văn Quyết and FLC Ex-Vice Chairman Stripped of Hanoi Bar Association Membership

    Trịnh Văn Quyết, former chairman of FLC Group, and a former vice chairman have been removed from the Hanoi Bar Association. This action is seen as part of a series of legal troubles surrounding the FLC Group. The move draws attention amid Vietnam's tightening economic oversight and law enforcement under its one-party system.

  • Lang Son to Host Customs Dialogue with Businesses, Boosting Investment Attraction

    Northern Vietnam's Lang Son province will host a Customs dialogue conference with foreign direct investment (FDI) enterprises in 2026. The event, themed 'Accompanying to Remove Barriers - Creating an Investment and Business Environment - Promoting Double-Digit Growth,' aims to address issues related to customs procedures, investment, land, infrastructure, and labor.