Vietnam's PC1 Faces Scrutiny Over Bond Fund Misuse
Business

Vietnam's PC1 Faces Scrutiny Over Bond Fund Misuse

Vietnam's State Securities Commission has identified that 90 billion VND out of 900 billion VND raised from PC1's bond issuance was used to repay short-term loans. This fund misuse issue, linked to the temporary detention of the company's chairman, is causing ripples in the market.

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