Vietnam has one more USD billionaire, Mr. Pham Nhat Vuong continues to break out

The Vietnamese stock market continued to increase in the week of June 23-27, thereby recording another Vietnamese tycoon on the list of USD billionaires in the world , bringing the total number of USD billionaires to 5 people.

Specifically, according to Forbes Magazine, as of June 27, Mr. Nguyen Dang Quang - Chairman of Masan Group (MSN) - returned to the list of USD billionaires after losing this position in the past few months.

As of June 27, Chairman of Vingroup (VIC) and CEO of VinFast (VFS) Pham Nhat Vuong had assets worth 10.5 billion USD, ranked 273rd in the world, compared to 4.1 billion USD in February. At the beginning of 2024, Mr. Vuong's assets were at 4.6 billion USD.

Prosecution of famous TikToker 'Cun Bong': Revenue of 120 billion, declared only 5 billion

TikToker Vu Hong Phuc “Cun Bong” has just been prosecuted for violations in the business of selling fruits and functional foods in large quantities at stores and online.

Although the system's actual revenue was more than 120 billion VND, "Cun Bong" group only declared about 5 billion VND, causing a loss of more than 10 billion VND to the state budget.

Eating With Mrs. Tuyet Achieved Unbelievable Revenue Before Closing the Company

Eat With Mrs. Tuyet is a prominent snack brand on social media platforms, associated with the image of "Mrs. Tuyet" - real name is Do Thi Tuyet. The main products of this brand are boneless chicken feet, snacks (chips), cheese chicken thighs, spicy toothpicks...

With hundreds of thousands of orders on e-commerce platforms, the snack brand An Cung Ba Tuyet once recorded estimated revenue of up to hundreds of billions of VND.

Banks officially have more tools to handle bad debt

On the morning of June 27, the National Assembly officially voted to pass the Law amending and supplementing a number of articles of the Law on Credit Institutions, with 435/443 delegates participating in the vote in favor, reaching a rate of 98.19%.

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The Law on Credit Institutions (amended) takes effect from October 15, 2025. Photo: Nam Khanh.

Accordingly, from October 15, credit institutions and debt trading and handling organizations have the right to seize collateral of bad debts in certain cases, according to the provisions of the Law amending and supplementing a number of articles of the Law on Credit Institutions.

TPBank dismisses two Deputy General Directors

Tien Phong Commercial Joint Stock Bank (TPBank) said that from June 26, the bank will make a number of senior personnel changes in the executive board, including dismissing two members and adding a number of new members.

Accordingly, Mr. Nguyen Hong Quan - Deputy General Director and Director of Risk Management, and Ms. Truong Thi Hoang Lan - Deputy General Director and Director of Investment and Large Corporate Clients, will resign from their current positions to take on new tasks to expand TPBank's operations.

Being abused by an officer with 'periods and commas', the chief accountant directly complained to the Deputy Director of the State Bank

A business's file was 'scrutinized' for minor errors and returned multiple times. The officer receiving the file at the State Bank Branch Region 2 also expressed annoyance during the process of providing public services.

The above story was shared by Ms. Hoang Thi Phuoc Minh, Chief Accountant of Decotex Company Limited (HCMC) at the conference "Business - City Government Dialogue" held in HCMC on June 27.

Tax Department requests to stop tax inspection at taxpayer's headquarters

The Tax Department (Ministry of Finance) has just sent an urgent dispatch to regional tax branches regarding tax inspection at taxpayers' headquarters.

Accordingly, the Tax Department requires tax branches to temporarily suspend the issuance of tax inspection decisions at taxpayers' headquarters until the apparatus is reorganized.

Temporarily suspending electronic tax systems from June 27 to July 1

The Tax Department announced the temporary suspension of electronic tax systems such as: eTax, eTax Mobile, iCanhan... to upgrade and meet the requirements of arranging tax agencies according to the two-level local government model.

Accordingly, from 6:00 p.m. on June 27 to 8:00 a.m. on July 1, the Tax Department will temporarily suspend a number of electronic tax systems to serve upgrading and conversion.

Agricultural land tax exemption for another 5 years

On the afternoon of June 26, the National Assembly voted to pass a Resolution extending the agricultural land tax exemption period until the end of 2030.

Accordingly, households, individuals and organizations directly using land for agricultural production will be exempted from this land tax until the end of 2030 (an additional 5 years) to ensure food security and enhance the competitiveness of the agricultural sector.

Source: https://vietnamnet.vn/viet-nam-co-them-mot-ty-phu-usd-khoi-to-tiktoker-cun-bong-2416180.html