Connect to share and comment

Tycoon on trial as Vietnam counts cost of its rogue bankers

By Nguyen Phuong Linh HANOI (Reuters) - A half-dozen shell companies, piles of forged documents, tax dodges, illegal stock trades and 19 bank staff unwittingly complicit in embezzlement on a massive scale. The indictment against Vietnamese tycoon and former banker Nguyen Duc Kien reads like a "how-to" guide for masterminding fraud in a country with banking oversight so slipshod it brought one of Asia's most promising emerging economies to the brink of crisis.

Vietnam frees at least one more political activist

(Reuters) - Vietnam has freed at least one more political dissident, the second such release in the space of one week, as pressure increases on the communist government to cease arresting and jailing its critics. Nguyen Tien Trung, a blogger, was released from a prison in southern Ho Chi Minh City at the weekend, his father said on Monday. Trung was convicted of subversion and news of his release was not made public.

Vietnam frees two high-profile dissidents

Vietnam has released two political activists, the latest high-profile dissidents to be freed as the communist nation comes under increasing international pressure over its human rights record. Blogger Nguyen Tien Trung told AFP that he and Vi Duc Hoi, a Communist Party official turned democracy campaigner, had been freed on Saturday. Trung, 30, was serving a seven-year term in Ho Chi Minh City for "subverting the people's administration", while Hoi was jailed for five years for "anti-state propaganda".

Mysterious Vietnamese man held in Pakistani Kashmir

A Vietnamese man has been detained for months in Pakistani Kashmir by puzzled authorities who were unable to understand him, officials said Thursday. Vu Gia Po was arrested after being discovered wandering on foot without any identification in the town of Athmuqam, which lies on the Line of Control, police official Yasin Abbasi said. The Line of Control is a heavily militarised zone and the de facto border between Pakistan and Indian-administered Kashmir, which the two countries have fought two wars over.

Vietnam jails second blogger in a fortnight

Vietnam jailed a prominent blogger for 15 months on Wednesday on a charge of anti-state activity, the second such sentencing in a fortnight in a nation where perceived dissent is severely punished. Pham Viet Dao, 61, a Communist Party member and a former official at the Ministry of Culture, was charged with "abusing democratic freedoms to infringe on the interests of the State" after a half-day trial in Hanoi. In addition to his own writing, Dao's popular blog included dozens of links to other commentaries on politics and society.

Vietnam cuts rates as it seeks to spur growth

Vietnam's central bank on Tuesday cut its key interest rates for the first time in nearly a year in an attempt to kick-start the nation's sluggish economy. The State Bank of Vietnam cut the refinancing rate -- charged on loans to commercial banks -- to 6.5 percent from seven percent. The discount rate was also trimmed to 4.5 percent from five percent. The cuts, which come into effect on Tuesday, aim to encourage more lending to businesses to stimulate growth, according to a report posted on the bank's website.

Vietnam's popular blogger jailed on anti-state charges

Popular Vietnamese blogger and journalist Truong Duy Nhat was jailed for two years on Tuesday for posting articles critical of the Communist government and leaders, his lawyer said. Nhat was found guilty of "abusing democratic freedoms to infringe on the interests of the state" at a half-day trial in his native city of Danang on the central coast. The broad anti-state charges can carry a maximum of seven years in jail. "He strongly denied the charge, claiming that he is innocent," said lawyer Tran Vu Hai.

Vietnam upholds dissident lawyer jail term

One of Vietnam's most prominent dissidents lost his appeal Tuesday against imprisonment for tax evasion, as dozens of supporters protested outside the court against the communist state's crackdown on dissent. Scores of police encircled the Hanoi People's Court of Appeals, which upheld a two and a half year jail sentence for Catholic lawyer and blogger Le Quoc Quan, whose conviction in October was condemned by the United States and denounced by rights campaigners as politically motivated.

Vietnam dissident lawyer in court to appeal jail term

One of Vietnam's most prominent dissidents appeared in court Tuesday to appeal his imprisonment for tax evasion, as dozens of supporters protested against the communist state's crackdown on dissent. Scores of police closed roads and formed a security ring around the Hanoi People's Court of Appeals where Le Quoc Quan was in the dock to appeal his October 2013 conviction. The Catholic lawyer and blogger was jailed for two and a half years on charges which have been denounced by international rights campaigners as politically motivated.

Vietnam upholds dissident lawyer jail term

One of Vietnam's most prominent dissidents lost his appeal Tuesday against imprisonment for tax evasion, as dozens of supporters protested outside the court against the communist state's crackdown on dissent. Scores of police encircled the Hanoi People's Court of Appeals, which upheld a two and a half year jail sentence for Catholic lawyer and blogger Le Quoc Quan, whose conviction in October was denounced by rights campaigners as politically motivated.
Syndicate content