Insider Info : Part 2, The Bermuda triangle of information in Vietnam

28.09.23 10:00 AM

Part 2: 13 childish questions we had to seek information outside of Vietnam

This is the second article of a two part series on censorship and information available in Vietnam and Asia. In Part 1, we looked for answers through artificial intelligence, or rather the superficial information accessible in a politically correct world.

This article, available for Insider Info members only, looks at the same questions, but with information available on the outside. Let's dig in.

https://www.riskinasia.com/reliable-news-in-vietnam/

The Vietnam airlines 4 hostesses 11.4kg of drugs smuggling 

Q1? Knowing that 200g-to-5kg attracts a 5-to-20-year jail term, where are the air hostesses now after their arrest on the 16-march-2023 at Tan Son Nhat airport coming from France?

FRANCE Le parisien: 15 days later French police arrested the France / East Europe supply side of the drug smuggling ring. No news or arrests on Vietnam ring ‘channels’. https://www.leparisien.fr/paris-75/ecstasy-la-viet-connection-decapitee-a-paris-apres-lincarceration-du-gros-et-une-saisie-de-120-kg-02-04-2023-IDAEDD7NPJCYBN7SSPIFSR6XK4.php

Q2? Who are the Vietnamese arrested in Vietnam?

Some folks got arrested in Phu Quoc, at the border of Laos and a few random dealers around town were ‘collateral damage’ of the mediatic 6 days arrest of the air hostesses.

https://vov.vn/phap-luat/bat-2-doi-tuong-van-chuyen-34-banh-ma-tuy-tu-lao-ve-viet-nam-post1028731.vov

https://cand.com.vn/Ban-tin-113/khoi-to-6-doi-tuong-thue-bungalow-o-phu-quoc-mo-tiec-ma-tuy-i704074/

Q3? Who are the ‘Vietnamese connections’ arrested in France on 2–April-2023?

>>> FRANCE LE PARISIEN> trace some active Vietnamese farming cannabis since 2016 that may be for ‘local’ France trading and in recently in April 2023, they arrested a Vietnam ring with origins in Russia/East Europe  

https://www.leparisien.fr/essonne-91/evry-91000/essonne-un-gang-de-vietnamiens-louait-des-fermes-pour-cultiver-du-cannabis-13-09-2016-6117429.php

Van Thinh Phat real estate CEO Truong My Lan CEO

Q4? After the 3 ‘sudden death’ of her secretary and SCB banker, where is Mrs Truong My Lan, CEO of VTP? How is her health today?

NO NEWS since her 7-Oct-2022 arrest: is she still alive? https://cafef.vn/bat-ba-truong-my-lan-chu-tich-tap-doan-van-thinh-phat-2022100810352724.chn

Q5? Who gave her all that land to her company Van Thinh Phat and her Hong Kongese husband Eric Chu Nap Kee?

HONG KONG SCMP: Well 1-year later, in october 2023, fire sale of property by her husband in Hong Kong South China Morning Post reminds Vietnam of this high-flying case 

https://www.scmp.com/business/article/3231883/hong-kong-property-fire-sale-eric-chu-selling-hotel-luxury-flats-after-wife-truong-my-lan-arrested

Q6? After her arrest 7-october-2022, we have not heard much of the case and Mr Eric, why suddenly since last week 22-Aug-2023 he is trying to sell-off all his assets at whatever price he can get?

On 8-aug-2023 the sell off assets in Vietnam to Mr Nguyen Cao Tri woke up the journalists.

https://cafef.vn/bat-ngo-nhung-thuong-vu-dinh-dam-qua-tay-dai-gia-nguyen-cao-tri-188230808151534439.chn

Viet A case winning all medical supplies during Covid and before

Q7: How come Mrs Nguyen Thanh Nhan, the CEO of AIC -the company that wins all bids in the Vietnam healthcare sector-, had responsibilities ranging from trading weapons for the government to producing and selling medicines, medical equipment and testing kits during Covid to the 58 provinces?

SINGAPORE FULCRUM press gives us some hints on why Ms Nhan is the ‘most wanted’ by the police for her masterminding organized corruption of the healthcare system and the ‘most unwanted’ by Prime minister and former president 

https://fulcrum.sg/vietnams-accelerated-power-transition-glad-tidings-for-investors-and-foreign-partners/

Q8: Who is the main shareholder of Viet A corp, therefore the main beneficiary of the profits for the production and exclusive sale of the Covid Kit tests?

>>> THE VIETNAM COMPANY REGISTRATION TAX CODE: 

*** CLASSIFIED SECRET ***

https://masothue.com/0313246347-cong-ty-co-phan-tap-doan-viet-a

Q9: What was the technology and how were the Kit tests in Vietnam made? How reliable were the tests sold by Viet A to check Covid infections?

The made-in-Việt Nam COVID-19 quick test kits were developed by researchers from the Vietnam Military Medical University and are produced by Việt Á Technology Joint Stock Company. These test kits were recognized by the World Health Organization and have been used in eight other countries. The kits use Reverse Transcription Polymerase Chain Reaction (RT-PCR) technology, similar to other kits, but show results in a shorter time, typically within two hours.

The research team, led by Dr. Hoàng Xuân Sử, head of the Department of Microbiology and Pathogenesis at the Military Medical Research Institute, started their work on COVID-19 quick tests in early 2020. They analyzed and compared gene sequences collected from the database and collaborated with German scientists to develop the COVID-19 test kit. The team worked diligently to meet the deadline set by the Ministry of Science and Technology, ensuring that the test kit was ready for testing within two weeks and could be put into use within one month.

Regarding the reliability of the tests sold by Viet Á Corporation, it is important to note that the company was involved in a scandal related to the sale of COVID-19 RT-PCR tests. The scandal involved collusion with government officials to sell COVID-19 tests at a heavy markup to provincial health departments and hospitals 2. The imported rapid test kits were falsely marketed as being made in Vietnam. The scandal led to the dismissal of several prominent officials and reduced public trust in the government.

It is crucial to rely on official sources and follow the guidance of healthcare professionals and authorities when evaluating the reliability of COVID-19 tests. For the most accurate and up-to-date information, it is advisable to refer to reputable news outlets and official statements from relevant organizations.

https://www.riskinasia.com/the-devastating-impact-of-systemic-corruption-on-vietnams-medical-sector/

Vinfast EV cars and silent clients

vingroup

Q10: What are the companies of Vingroup that are profitable and by how much?

>>> ON ALL BRANDS/BUSINESS ABOVE NO INFORMATION ON EACH ONE PERFORMANCE. The annual report aggregates it all so that one can’t know how fragiles are the ‘eggs in the same basket’

https://vingroup.net/viewer.html?file=https%3A%2F%2Fircdn.vingroup.net%2Fstorage%2FUploads%2F0_Quan%20he%20co%20dong%2F0_Vingroup_2023%2FBCTN%2FBCTN%20Vingroup%202022_ENG.pdf

Q11: How can Vinfast, a starting EV company with billions in debts and running costs, selling less than 8000 cars in 2022 introduced on the Nasdaq on 15-aug-2023 can be valued #3 Car makers in the world?

>>> USA NASDAQ REGISTRATION shows explains some magic of Wall Street IPO valuations. In short for non financiers:

NB. The forensic of the business is yet to come as Financial news in Wall street is daily headlines fly well passed the ‘Vietnam bermuda triangle for embarrassing information’

Q12: How come there are no, zero, client reviews for any of the Vingroup products in Vietnam? Is 100% of clients satisfied with all above 28 brands?

>>> USA REPORT ON CLIENT SATISFACTION 

On Vinfast sales forecasts a rare analysis by Reuters. https://www.reuters.com/business/autos-transportation/vietnam-ev-maker-vinfast-expects-break-even-by-end-2024-founder-2023-05-17/

On customer care: ‘satisfaction by corruption’ globalizing a Vietnam practice

https://www.carsdirect.com/automotive-news/green-technology/vinfast-now-paying-owners-for-ev-problems

An army of happy drivers of Vinfast EV

https://www.taxixanhsm.vn/bang-gia-xe-taxi-sai-gon/

NB. In Vietnam 100% of Vingroup clients in all categories of products are happy… or at least don't report being unhappy.

Q13: BONUS QUESTION: Why on 15-aug-2023 Vinfast Nasdaq IPO day, the most important business day of billionaire Mr Pham Nhat Vuong, owner of Vingroup & Vinfast, can not board a plane out of Vietnam to the New York Nasdaq and ring the bell for a glorious day for Vietnam industry?

Our previous findings by Bing AI got us some basic general materials that had a ‘common denominator’ of a massive (and repetitive) exposure on the net. 

INSIDER orientate the search in a ‘forensic’ direction to find a possible and sometimes spotting the real answer for whoever has a stake in Vietnam or Asia beyond tourism.

Feel free to introduce RiskinAsia INSIDER to like minded people

Healthcare insurance for expats.

Subscribe to our newsletter and stay up-to-date with insights on what's happening in Vietnam and Asia.

Editor at large