On 19/7, TAND HO CHI MINH CITY. HCM has taken the case "appropriating property scam", "Lack of responsibility causing serious consequences" deliberate "and" the rules of the House where economic management economic consequences "occur in the manufacturing joint stock company-the export of forest products and the craft goods (Upexim) and import export joint stock company (Bihimex).

Four 4 ads being put on trial include Zhang fun (58 years-former Chairman, ceo, Upexim), Thi Bich Loan (59 years old-former Director of Bihimex), Eastern (54 years – former Deputy DIRECTOR cum chief accountant Bihimex) and Nguyen Thi Dung (American age 57-Ph employees total Bihimex business).

According to the investigation, in 2010, the PEOPLE'S COMMITTEE of HO CHI MINH CITY. HCM has advocated selling specify facade of 4-6 Ho Tung Mau (District 1) for Upexim but by companies are in difficulty should he table the same the BOARD agreed to the Investment Corporation commercial building Tradeco (Tradeco company) involved partnership capital contribution Upex project construction business Tower. FMCG TRading

Taking advantage of the name Upexim certificates of land use, housing ownership (though only 50% ownership of the property and not the consent of the company Tradeco) but Cheung Fun has signed transfer house numbers 4-6 Ho Tung Mau ( District 1, HO CHI MINH CITY. HCM) for Blue diamond company with 280 billion, and got this company's 120 billion.

Then in 2012, he Happily continued to bring the House up to the mortgage to the Bank's Saigon branch than the Agribank 68.5 billion.

The next day, he had Fun 12/12/2012, the behavior of fraud, Tradeco not notify this company know this House was mortgaged Saigon, trick sold CN AgriBank 20% market share of the House to appropriation of 24 billion Tradeco.

Watch more: Foreign banks come and go

In addition, the moderation of the Navy Department investigation also determined, with a in Binh Duong Province, he has mortgages for Agribank District 1 to nearly 7 billion loan while earlier Upexim was 10 billion mortgage loans in a bank.

She and her Faculty were the same he founded the 173 would-be goods purchase contracts between Upexim and other units to the same Bihimex withdrawal from Bihimex for loan Epexim, damage Bihimex 144.5 billion.

From the year 2009 to the year 2013, he is also Happy with her collusion and her Faculty of directing employees to set up false documents for the sale of goods between Bihimex and other units, Upexim to validate the Bihimex for 1,228 billion loan Upexim , causing damage to more than 144 billion Bihimex. censored parts of the Navy investigation to prove the total damage caused by Mr CHEUNG Fun cause for the Bank and the company is more than 300 billion. Click hrer!

In addition, Ms. Bich Loan specialist the same Escort out advocates for employees Bihimex documented control payment of travel expenses, delivery to withdraw funds for company directors expenses accounting , causing damage to the Bihimex amount to nearly 2 billion.

Despite not making the delivery but Nguyen Thi Dung America signed the Bill, 119 votes short to import valid job for loan Upexim, damaging more than 144 billion.

Expected trial will take place in 4 days.

More NH where would also have the move to narrow work when to retreat from the market of the country. What's happening along the NH business and whether the departure of the foreign exchange market because NH NH countries are less attractive? The wave out of the foreign material causing the inner NH NH "easy breathe"?

Narrow exception

The activities of the Commonwealth Bank of Australia Branch HCM (CBA) is currently delivered to NH Insider VIB, expected completion in the third quarter of this year. This affair is not precedent when a NH Insider bought part of activity where, TCTD also strategic shareholders (we keep 20% of the Charter capital of the VIB). FMCG TRading marke,CBA HCMC branch started operations in 2008, currently owns 22,000 data customers.

The move is said to retreat from the NH activity in the country. After the CBA, the retreat of the NH being foreign speculation became the wave. After the rumors before that, the last NH ANZ said it had sold the entire array of services NH retailers in the country for Jiin Huei Nations. NH

Meanwhile, June, Techcombank please poll through advocates 19.41% acquisition of capital from shareholders to the LONG-TERM strategy. in past annual ACB ĐHĐCĐ Standard Chartered confirmed flight plan which is in the process of discussion, after unexpectedly withdrawing his two representatives from the ACB on last year.

Recently, macroeconomic reports second quarter/2017 of the Institute of economic research and policy (VIETNAM) said, the appeal of doing business NH countries decline over several foreign capital and narrow depression NH works because the risk of handling bad debt and administrative limitations.

The foreign exchange market still accounts for NH modestly over the same block of intra, total assets accounted for about 10% of total assets the whole industry. The fact the foreign expansion development difficult NH in scale, while costs continue to rise so high profit has not been as expected. Also has experts that the move to withdraw the market essentially is not a trend, because this is the NH global, they have a private plan in each period and the retreat is normal.

The wave comes

In contrast with the departure of a few NH, last year many TCTD still contested in the national market. Earlier this year, United Overseas Bank (Singapore) established licensed NH 100% capital where would also, in 2016 have the Woori Bank (South Korea), CIMB Bank Berhad and previous Public Bank Berhad, all of Malaysia.

More: South Korean story on Vietnam: 10 export copper, the Samsung ' handle ' 2, trade deficit from South Korea are also the most

Usually, the NH common foreign take the native FIRMS serving the investment market in the country. The NH foreign retail emphasis less because of the limited scale of the transaction, instead of focusing to the DN FDI, export-import operations or wealthy clients.

The typical story is Korea. Not only has 100% NH established Woori Bank capital, NH Nonghyup (South Korea) also seek permission to open branches in the country late last year. The retreat of the actual national ANZ Jiin huei, a NH in Korea buy back. Currently, South Korea is the leading country in volume of FDI invested in the economy of the country.

Thanks to the high growth of FDI and trade, the market remained attractive countries along the block, especially when this country has the new step in the process of handling bad debt in recent times.

NH foreign owned substantial advantages, including cheap capital, good governance, long experience on the international market. Some NH attack even global retail personal plate and directly coupled-block foreign competition such as CitiBank, HSBC. Before that, according to the share of both parties in a business acquisition, the CBA VIB CBA retreat is to focus on the role of strategic shareholders, but at the same time also has plans to establish the company develop technology application solution for the model NH, electronic news focused on the retail market. Watch more: https://sites.google.com/view/fmcg-trading-market/

Under the roadmap, the year 2020 the country will have to leave the regulation of active investment barriers NH foreign here. As such, expected in the coming period will have more NH where also established the NH invested anywhere apart from in the country. M & A activity expected is also exciting in time to the same block, when still more NH struck bad debt and 20 percent ownership ceiling levels are expected to rise. It continues to be a significant challenge for along the NH Insider ...

South Korean story on Vietnam: 10 export copper, the Samsung ' handle ' 2, trade deficit from South Korea are also the most

A bright spot of the economy of the country in the second quarter, 2017 must be to mention is the international trade activities.

In particular, the recently published figures from the General Department of statistics demonstrated that: import increase 26.8% compared to the same same period, while exports also increased 24.5%, reduce the trade deficit. This was the highest growth in five years. We are FMCG trading

But, standing behind the story of the import and export statistics of the countries in the first half of the year 2017 is the people of South Korea.

Look in both exports and imports, we all see the major contribution of the super group of Kimchi in the import-export balance.

Old export: countries exporting 10 parts then exports FDI section, 2 parts by Samsung ' handle '

24.5% increase of the exports are contributing most of the staples that Vietnam still usually exported elsewhere.

In particular, macroeconomic reports second quarter/2017 of the Institute of economic research and policy (VIETNAM) pointing out the mobile phone group and exports reached 20.1 billion components (18.3%); increase in electronics, computers and components reached 11.3 billion dollars (42.3%) or increase in machinery equipment, tools, spare also reached 6.1 billion (36.3%) increased significantly, among Things. 3 items above, Korean people have contributed in large part to two items: telephones and electronic components; and computer accessories.

Was the report, Director-Dr. Nguyen Duc Thanh refers directly to Samsung, rather than a pure Vietnamese businesses would, as a Giants are absorbed both the export economies of countries:

"We need to acknowledge that the growth of such exports to many from the area of FDI, especially some great businesses such as Samsung."

At the same time, the report also indicated that the recovery of the national economy in the second quarter demonstrated our dependency on the area where any outside investment, including the very large business from Korea as Samsung , Lotte ...

"The proportion of exports of the region where the investment would also increase quickly showed the country increasingly more dependent on the yield of the area where any outside investment, especially some of the large companies such as Samsung," – reports indicate.

Analysis on quite a coincidence from the export figures of the latest General Statistics Office announced. Accordingly, half the year 2017, in 40 billion dollars of exports of the countries alone accounted for 22.7% to Samsung.

"Export to create surplus projected the trade to the economy in place, so that exports were too dependent on his ' to ' where do apart then it is clear that one thing is not good. This is also something that The doctor expressed concern. Currently, the block where would also have overcome more than 72% of all exports.

More: Prime Minister: "the country fertile enough to support the top Asian COMPANIES"

VIETNAM President's fears are not unfounded. If looking back data from the report throughout the long period of time, you can see the level of dependency of the country has doubled in just a few years.

In 2009, the region's exports FDI accounted for only 32.9%, then up to the year 2016 took 70.2%, first half year 2017 accounted for 72.4%.

"The achievements of the national economy to all from the area where any outside investment. In areas where there is not significant progress. In the economic area where are on becomes weak that over the same areas of FDI, particularly in the context of the process of international integration is expanding "-he concluded.

Import: From China, moved to South Korean dependent whether there really good?

At the top import, a new phenomenon has also taken place: importing countries escape depends on China but shifted the same deficit. The figures showed that the trade deficit with South Korea has overcome the same Chinese trade deficit.

Watch: https://acewtrading.com/fmcg

In the first six months of the year, imports from South Korea reached 22.5 billion dollars, an increase of 51.2% in the same period, while imports increased 16.8% and China reached 27.1 billion dollars. From there, the trade deficit between countries-South Korea at 15.9 billion dollars, much higher than the same deficit 14.1 billion from China.

"This is something unprecedented in the history of trade", TS. Nguyen Duc Thanh commented on the report.

In the framework of the visit to the Kingdom of the Netherlands, 10/7 in La Haye, Prime Minister Nguyen Xuan Phuc and Deputy General Minister of social policy and employment of the Netherlands Lodewijck Asscher attended the national business forum-Netherlands , with the participation of about 300 Dutch business and Enterprise 150 countries. This is the event due to the Chamber of Commerce and industry of the country with industrial unions and employer organisations in the Netherlands.

In the speech at the Forum, Deputy Prime Minister and Minister General of social policy and employment of the Netherlands Lodewijck Asscher, the reviews, the national market is full of attractive businesses in the Netherlands.

We are: Ace world Trading

Speaking at the Forum, Prime Minister Nguyen Xuan Phuc said the trade cooperation between the two places would start from the 17th century, when the merchant fleet of the Dutch East India Company were traded, and established branches in Hoi An , Quang Nam. Hoi An today is world cultural heritage by UNESCO. Dutch traders was also the first Western traders opened trading in the city of Xian in Northern Hung Yen province in the country.

the same history as such, that the Prime Minister not surprised today in countries with many famous names of the Netherlands. It is not just the Dutch brand is favored in the country but also the successful FDI businesses the most comprehensive in the nation. The Netherlands is also one of the trading partners, major export markets of the countries in Europe. Current two-way trade turnover was up over 7 billion USD. In March 3/2017, Dutch investments in the country reached 7.65 billion, topping the EU place to invest in the country, accounting for 35.5% of the total investment of this area in the country.

Information to investors about the business environment of the country fully fertile enough to support the top Asian business, the Prime Minister said, the country was the international organization reviews and high ratings on the environment top investment business. Many businesses in the top 1,000 companies in Asia. The stock market the existing national scale on the levels of 100 billion dollars and will have many large scale business coming up the floor.

The Premier also favorably for the same Dutch investors when investing in these countries, it is not only the market of 100 million people of the country from the country could enter the market to ASEAN and South China.

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Highlight the advantages of the country, Prime Minister Nguyen Xuan Phuc said, the nation is strong on agricultural development, especially on high quality aquaculture. along the tropical specialty fruits, medicinal and food crops, the country encourages the Dutch business investment, deep processing capacity, the direction the country into higher positioning in the global value chain.

Before the challenge of climate change, the Prime Minister stressed, the desired national private sector investment, the interest of the Dutch support the countries to solve these challenges. This is also a great opportunity for Dutch businesses, including small and medium enterprises.

Shortly after the speech, Prime Minister Nguyen Xuan Phuc saw the Exchange Ceremony 9 agreement between two businesses where would together total capital of about 700 million dollars.

More: The Association called for things about the status of "jammed" found in the harbor

Next, the Prime Minister has direct dialogue on many issues the Dutch business concerns related to the investment environment, the challenges in agricultural development in the country. The Prime Minister said, the country is a place rich in agricultural development potential along the export turnover of agricultural sector reached about 33 billion dollars. the country had just driven into the market in any place that has just driven into export strategies. Therefore the developed countries the products featured and competitive. the country aims to develop strong agriculture along good and highly qualified employees.of the same product structure of the country at present, along the market of countries near 100 million people and vast market when the country joins the free trade agreement, the export strategy of the country stronger , rise above 12% per year in the coming time