<?xml version="1.0" encoding="UTF-8" ?><!-- generator=Zoho Sites --><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom" xmlns:content="http://purl.org/rss/1.0/modules/content/"><channel><atom:link href="https://www.riskinasia.com/blogs/tag/Insider/feed" rel="self" type="application/rss+xml"/><title>Riskinasia - Blog #Insider</title><description>Riskinasia - Blog #Insider</description><link>https://www.riskinasia.com/blogs/tag/Insider</link><lastBuildDate>Thu, 16 Apr 2026 12:13:56 -0700</lastBuildDate><generator>http://zoho.com/sites/</generator><item><title><![CDATA[The Moto Registration and Lucky Number Plates]]></title><link>https://www.riskinasia.com/blogs/post/the-moto-registration-and-lucky-number-plates-2</link><description><![CDATA[Part 2 of the ‘Unraveling Corruption in Vietnam - Catch 22’ series The new law and regulation on vehicle ownership and registration will be strictly en ]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_d5wosGFtT52oVsPCraYBnw" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_UrSVcavZT3eLg8pJll8LlQ" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_8AmTWY0AS5ytq93mzA9ZFg" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_nrvqdO0HSIyfA1M2LxOZPw" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-center " data-editor="true"><div><div class="wp-block-columns"><div class="wp-block-column"><h2 class="wp-block-heading">Part 2 of the ‘Unraveling Corruption in Vietnam - Catch 22’ series</h2><p>The new law and regulation on vehicle ownership and registration will be strictly enforced.</p><h2 class="wp-block-heading">Cracking Down on Motorbike Ownership and Registration</h2><p>In Vietnam, motorbikes are more than just a mode of transportation; they are an integral part of the culture. However, over the years, this has led to lax practices in motorbike registration, opening the door to corruption and illegal activities. In a bid to curb these issues, the Ministry of Transportation recently introduced a new law that is set to be strictly enforced. Starting from 15th August, motorbike owners must have the registration card in their name and the original plate on the caveat, known as the &quot;carte verte à legacy of French colonial administration.&quot; This article delves into the implications of this new regulation, focusing on the challenges it poses, especially for expatriates and motorbike enthusiasts.</p></div>
<div class="wp-block-column"><figure class="wp-block-image aligncenter size-large is-style-rounded"><img src="https://www.riskinasia.com/wp-content/uploads/2023/10/moto-ownership-1024x683.png" alt="" class="wp-image-4746"/></figure></div>
</div><h2 class="wp-block-heading"><strong>The History of Non-Compliance</strong></h2><p>For many years, the practice of motorbike ownership and registration in Vietnam has been unique. It has been common for motorbikes to stay within families, passing from one generation to the next without the need to change plates or the caveat. Consequently, the Department of Registration has been registering a massive number of new motorbikes annually, approximately 1,000,000 countrywide. This culture of keeping motorbikes within families made any &quot;extra service&quot; for used motorbikes unwelcome, unless a certain &quot;coffee money&quot; was paid. Riding a family member's or friend's motorbike was as commonplace as breathing air in Vietnam.</p><figure class="wp-block-embed is-type-wp-embed is-provider-risk-in-asia wp-block-embed-risk-in-asia"><div class="wp-block-embed__wrapper"> https://www.riskinasia.com/political-and-economical-revival-in-vietnam-navigating-uncertainty-and-systemic-risk/ </div>
</figure><h2 class="wp-block-heading"><strong>New Regulation to Combat Theft and Scams</strong></h2><div class="wp-block-columns"><div class="wp-block-column"><figure class="wp-block-image size-full is-style-rounded"><img src="https://www.riskinasia.com/wp-content/uploads/2023/10/Lucky-car-moto-plates.jpg" alt="" class="wp-image-4744"/></figure></div>
<div class="wp-block-column"><p>While this longstanding practice has had its merits, it has also led to certain downsides. A new trend emerged involving the theft of motorbikes and scams related to &quot;borrowed&quot; motorbikes that did not legally belong to the riders but were pawned for quick cash before disappearing. Furthermore, there were reports of illegal trading of &quot;lucky number plates&quot; within the police transportation registry. These plates, often ending in numbers 8 or 9, could fetch thousands of dollars without any money reaching the state's coffers.</p></div>
</div><h2 class="wp-block-heading"><strong>Ministry of Transportation's Decree</strong></h2><p>In response to these challenges, the Ministry of Transportation decided to take immediate action. Their new decree, which came into effect within 30 days of its announcement, mandates that all vehicles should be registered under the name of the owner as per the model and number plate. This regulation aims to combat corruption and illegal practices that have plagued the vehicle registration system. However, its implementation has posed significant difficulties.</p><h2 class="wp-block-heading"><strong>Challenges for Expats</strong></h2><div class="wp-block-columns"><div class="wp-block-column"><p>This new regulation has created substantial challenges, especially for expats living in Vietnam. Expats often face a two-fold problem - firstly, they cannot legally sell and change the ownership of a motorbike without a proper Resident Card or a long-term visa of the buyer. Secondly, finding the previous expat owners, who may have sold the motorbike due to relocation, is an arduous task. The documentation required for this process is often incomplete, adding to the complexity of the situation.</p></div>
<div class="wp-block-column"><figure class="wp-block-image size-large is-style-rounded"><img src="https://www.riskinasia.com/wp-content/uploads/2023/10/Lucky-car-plates-by-police-1024x682.jpg" alt="" class="wp-image-4743"/></figure></div>
</div><h2 class="wp-block-heading"><strong>The Unintended Consequences of the Decree</strong></h2><div class="wp-block-columns"><div class="wp-block-column"><figure class="wp-block-image size-full is-style-rounded"><img src="https://www.riskinasia.com/wp-content/uploads/2023/10/Lucky-car-rolls-plates-2.jpg" alt="" class="wp-image-4745"/><figcaption class="wp-element-caption"> What is called a beautiful license plate. </figcaption></figure></div>
<div class="wp-block-column"><p>Since the 15th of August, the 30-day waiting period for the new decree has lapsed, and it has already begun to have unintended consequences. Second-hand motorbike dealers are struggling to trace back the original registration card owner, and many are on the brink of bankruptcy. Expatriates have become easy targets for the police to verify ownership through the carte verte. Additionally, enthusiasts who purchased &quot;lucky number plates&quot; without proper invoices are now facing fines.</p></div>
</div><h2 class="wp-block-heading"><strong>The Need for Caution and Reevaluation</strong></h2><p>In this situation, it becomes evident that the swift implementation of the decree without a thorough assessment of the implications has led to a clear and present danger for many. It is crucial to recognize that the lower levels of government may sometimes mistake speed for efficiency, and decisiveness for smart decision-making. While the intent behind the regulation is to curb corruption and illegal activities, it is equally vital for the authorities to consider the practical challenges that have arisen due to its hasty implementation.</p><figure class="wp-block-image size-full is-style-rounded"><a href="https://www.insuranceinasia.com/personal-family-2/car-motor-insurance/" target="_blank" rel="noreferrer noopener"><img src="https://www.riskinasia.com/wp-content/uploads/2022/08/ad-vietnam-moto-expats.png" alt="" class="wp-image-3940"/></a></figure><div style="height:30px;" class="wp-block-spacer"></div>
<p>As we created a section about <a href="https://www.riskinasia.com/category/timing-risks/">Time and Timing</a>, this is fairly often that the low level of the government officers lead to inadequate decisions and decree mistaking speed with efficiency, or decisiveness with smartness. In this dead end situation, it is urgent to wait and see when the authorities will ‘Undecide’.</p><figure class="wp-block-embed is-type-wp-embed is-provider-risk-in-asia wp-block-embed-risk-in-asia"><div class="wp-block-embed__wrapper"> https://www.riskinasia.com/the-covid-repatriation-scandal/ </div>
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</div></div></div></div></div></div> ]]></content:encoded><pubDate>Fri, 24 Jan 2025 18:39:41 +0000</pubDate></item><item><title><![CDATA[What is illegal by Vietnamese laws when it comes to porn, prostitution, sex, and ‘depraved content’ watching or distributing?]]></title><link>https://www.riskinasia.com/blogs/post/what-is-illegal-by-vietnamese-laws-when-it-comes-to-porn-prostitution-sex-and-depraved-content-watch</link><description><![CDATA[What is illegal under Vietnamese laws concerning porn, prostitution, sex, and the watching or distributing of 'depraved content'? Note that prostituti ]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_-s7jWBpvQteHg6hLhfZ6Hw" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_oo2COt04QdWc44_mTfY5WQ" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_nXd7MAIHRgq8Rvcb7iGEBQ" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_7SjAThuLSCO7ZPBJg4gDSw" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-center " data-editor="true"><div><div class="wp-block-columns"><div class="wp-block-column"><p>What is illegal under Vietnamese laws concerning porn, prostitution, sex, and the watching or distributing of 'depraved content'? Note that prostitution is prohibited in Vietnam as a criminal activity under <a href="https://luatvietnam.vn/an-ninh-trat-tu/nghi-dinh-178-2004-nd-cp-chinh-phu-16594-d1.html" target="_blank" rel="noreferrer noopener">laws decree 178/2004</a>. Despite the general understanding among most expats and visitors about the illegality of such activities, the reality shows a lack of understanding regarding the Vietnamese police's 'legal and practical interpretation' of a foreign person booking a room with a Vietnamese citizen, as complaints on social networks about not being able to stay in the same room as a Vietnamese citizen are common.</p><p>Infringement of the law of the Ministry of Culture and Information, closely connected to the Ministry of Interior Police in most communist countries, can have serious consequences. Punishments range from negotiable withdrawal, fines, to long prison terms. Understanding two aspects of the informative content you hold or spread is key: the fundamentals, including the impact of depraved content and the boundaries of its viral perimeter, and the interpretation of the rules to keep it within boundaries.</p></div>
<div class="wp-block-column"><figure class="wp-block-image aligncenter size-full is-style-rounded"><img src="https://www.riskinasia.com/wp-content/uploads/2023/11/Forbidden-by-VN-law.jpg" alt="" class="wp-image-4822"/></figure></div>
</div><p>According to the provisions of Clause 4, Article 3 of Decree 178/2004/ND-CP, &quot;debauchery&quot; is defined as the expression through actions, images, sounds, a vile, evil, and corrupt lifestyle of play and entertainment that is contrary to the nation's fine customs and traditions.</p><p>Spreading depraved cultural products includes making, copying, transporting, circulating, buying, selling, and storing items like books, newspapers, paintings, photos, films, music, or other items with pornographic content that are unhealthy and contrary to lifestyle, morality, and good customs.</p><p>Depraved cultural products extend beyond porn, sex, and prostitution to include political content, fake news, libel, and defamation. Recent cases involving lawyer Mrs. Nguyen Phuong Hang jailed for 3 years for defamation and fake news, and top model Ngoc Trinh arrested for fake news and depraved content posting on social networks, highlight the serious consequences of spreading such content.</p><figure class="wp-block-embed is-type-wp-embed is-provider-risk-in-asia wp-block-embed-risk-in-asia"><div class="wp-block-embed__wrapper"> https://www.riskinasia.com/illegal-in-vietnam </div>
</figure><p>According to the provisions of Clause 4, Article 3 of Decree 178/2004/ND-CP, &quot;debauchery&quot; is defined as the expression through actions, images, sounds, a vile, evil, and corrupt lifestyle of play and entertainment that is contrary to the nation's fine customs and traditions.</p><p>Spreading depraved cultural products includes making, copying, transporting, circulating, buying, selling, and storing items like books, newspapers, paintings, photos, films, music, or other items with pornographic content that are unhealthy and contrary to lifestyle, morality, and good customs.</p><div class="wp-block-columns"><div class="wp-block-column"><p>Depraved cultural products extend beyond porn, sex, and prostitution to include political content, fake news, libel, and defamation. Recent cases involving <a href="https://tuoitre.vn/ba-phuong-hang-nhan-muc-an-3-nam-tu-20230921171958624.htm" target="_blank" rel="noreferrer noopener">lawyer Mrs. Nguyen Phuong Hang jailed for 3 years for defamation and fake news</a>, and top model <a href="https://laodong.vn/phap-luat/ly-do-nguoi-mau-ngoc-trinh-bi-khoi-to-bat-giam-1256689.ldo" target="_blank" rel="noreferrer noopener">Ngoc Trinh arrested for fake news and depraved content posting on social networks</a>, highlight the serious consequences of spreading such content.</p></div>
<div class="wp-block-column"><figure class="wp-block-image size-full is-style-rounded"><img src="https://www.riskinasia.com/wp-content/uploads/2023/11/Ngoc-trinh-lai-xe.jpeg" alt="" class="wp-image-4823"/></figure></div>
</div><h2 class="wp-block-heading">How much is the fine for spreading depraved cultural products? In what cases will spreading depraved cultural products lead to imprisonment? What is the prison sentence?</h2><p>The act of spreading depraved cultural products seriously affects public and social order, causes moral deviation in part of the population, and violates the fine customs and traditions of Vietnamese culture. This is strictly prohibited by law, leading to strict punishments for those who commit such acts.</p><div class="wp-block-columns"><div class="wp-block-column"><p>According to the recent 2020 decree, those who commit offenses on social networks may be fined from 10 - 20 million VND for violations such as providing and sharing fake information, distortion, slander, or sharing information that promotes <a href="https://en.vietnamplus.vn/new-decree-details-fines-for-bad-behaviour-on-social-networks/168187.vnp" target="_blank" rel="noreferrer noopener">bad customs</a>, superstitions, lewdness, and depravity inconsistent with the nation's customs and traditions.</p><p>The fine for spreading depraved cultural products varies, with imprisonment ranging from 6 months to 15 years, depending on factors such as the amount of content, the number of people reached, and the use of the internet for diffusion. The severity of the penalty increases with the scale of the offense.</p></div>
</div><figure class="wp-block-image aligncenter size-full is-style-rounded"><a href="https://www.insuranceinasia.com/personal-family-2/health-insurance-4/" target="_blank" rel="noreferrer noopener"><img src="https://www.riskinasia.com/wp-content/uploads/2022/08/ad-vietnam-a-top-destination-for-expats.png" alt="Healthcare insurance for expats." class="wp-image-3906"/></a></figure><h2 class="wp-block-heading">What are the real risks about sex, porn and subversive content in Vietnam?</h2><p>The risks associated with sex, porn, and subversive content in Vietnam are significant, with potential legal consequences ranging from fines to imprisonment.</p><p>It is all about Interpretation, volume control, and the possible consequences to public unrest.</p><figure class="wp-block-image aligncenter size-full is-style-rounded"><img src="https://www.riskinasia.com/wp-content/uploads/2023/11/Vietnam-Loa-loudspeaker.jpg" alt="" class="wp-image-4824"/></figure><p><strong>SENSITIVE TOPICS:</strong> Any topic can be interpreted as sensitive and subject to incentive bribe against making amends and withdrawal. Your relationship up above can tame the person and the amount of the ‘penalty’</p><p><a href="https://drive.google.com/file/d/1QK54MsoWyEjf7ge0X2FSPNQQ-cB-sSLC/view?usp=sharing"></a><strong>VOLUME CONTROL</strong>: As you read the penalty is commensurate with the number of people reached therefore controlling the frequency and language (avoid Vietnamese)of diffusion of fake or questionable content limits the damage perimeter.</p><p><strong>PUBLIC UNREST: </strong>As you noticed the highest penalty is when Social Media combined with Vietnamese language content, are used as the Pandora box is completely out of control by the Vietnamese authorities.&nbsp;</p><p>As you live in Asia, you must have had the experience of ‘big problems’ shrinking to ‘no big deal’ with an opportunistic ‘sorry and withdraw’ so nobody loses face and your life gets back to normal. Like in marriage interpretation and volume control is the key to happiness.</p><div class="wp-block-ultimate-post-wrapper ultp-block-a8eab3"><div class="ultp-wrapper-block"><p>Subscribe to our newsletter and stay up-to-date with insights on what's happening in Vietnam and Asia.</p><div class="wp-block-buttons"><div class="wp-block-button"><a class="wp-block-button__link wp-element-button" href="https://www.riskinasia.com/risk-in-asia-newsletter/">Subscribe</a></div>
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</div></div></div></div></div></div> ]]></content:encoded><pubDate>Wed, 22 Nov 2023 10:53:55 +0000</pubDate></item><item><title><![CDATA[Vietnam airlines ambassadors with benefits]]></title><link>https://www.riskinasia.com/blogs/post/vietnam-airlines-ambassadors-with-benefits</link><description><![CDATA[Why Vietnam airlines hostesses information are Classified L#0 : the ‘Untouchables’ Ambassadors to Vietnam with benefits . In a recent post we were waitin ]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_zOsTvQtNQiqtScx3pKdW9w" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_jBWt9PstSDKumu-zlEcyRg" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_Xo7oqbsxQeu5z_WCXOgyjQ" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_HfkYtbbmQl-jDpdMUUgTKQ" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-center " data-editor="true"><div><div class="wp-block-columns"><div class="wp-block-column"><p><em>Why Vietnam airlines hostesses <a href="https://www.riskinasia.com/reliable-news-in-vietnam/">information are Classified L#0</a>: the ‘Untouchables’ Ambassadors to Vietnam with benefits</em>.</p><p>In a recent post we were waiting for more information to keep our readers and the general public informed as to <a href="https://www.riskinasia.com/understanding-the-release-of-vietnam-airlines-air-hostesses-smuggling-drugs/">why the usual harsh punishments were not handled</a> - actually we don't know as no information whatsoever is released.</p><p>In this article we give you some news of their activities as per foreign press release but also explain why the Vietnam airlines hostesses are considered Vietnam ambassadors with privilege benefits.</p></div>
<div class="wp-block-column"><figure class="wp-block-image aligncenter size-full is-style-rounded"><img src="https://www.riskinasia.com/wp-content/uploads/2023/11/vietnam-air-hostess-recruit.jpg" alt="" class="wp-image-4812"/></figure></div>
</div><p>Here are some follow-up news:</p><ul><li>11-aug-2023 police arrest air hostesses prostitution ring for $1000-to-$3000 a night <a href="https://dantri.com.vn/phap-luat/nhung-tu-ong-tu-ba-kiem-loi-tu-duong-day-ban-dam-nghin-usd-20230810232003824.htm" target="_blank" rel="noreferrer noopener">https://dantri.com.vn/phap-luat/nhung-tu-ong-tu-ba-kiem-loi-tu-duong-day-ban-dam-nghin-usd-20230810232003824.htm</a></li><li><a href="https://thanhnien.vn/chan-tuong-tu-ba-duong-day-tiep-vien-hang-khong-nguoi-mau-anh-ban-dam-ngan-do-185230810222541569.htm" target="_blank" rel="noreferrer noopener">https://thanhnien.vn/chan-tuong-tu-ba-duong-day-tiep-vien-hang-khong-nguoi-mau-anh-ban-dam-ngan-do-185230810222541569.htm</a></li><li>7-Sep-2023 South Korean airport arrest 2 air hostesses smuggling drugs <a href="https://tuoitrenews.vn/news/society/20230907/two-vietnamese-flight-attendants-held-in-skorea-for-alleged-drug-smuggling/75414.html" target="_blank" rel="noreferrer noopener">https://tuoitrenews.vn/news/society/20230907/two-vietnamese-flight-attendants-held-in-skorea-for-alleged-drug-smuggling/75414.html</a></li></ul><p>Vietnam ambassadors with benefits means:</p><h2 class="wp-block-heading">Powerful political ties and sponsors</h2><p>The case of the Vietnam Airlines hostesses arrested for drug smuggling earlier this year sheds light on a deeper issue entrenched in the country's socio-political landscape. The selection process for positions within Vietnam Airlines, particularly those with diplomatic and ethical responsibilities, is not solely based on merit but rather influenced by powerful political ties and sponsors.</p><figure class="wp-block-embed is-type-wp-embed is-provider-risk-in-asia wp-block-embed-risk-in-asia"><div class="wp-block-embed__wrapper"> https://www.riskinasia.com/the-bermuda-triangle-of-information-exists-in-vietnam-and-asian-countries/ </div>
</figure><p>The hiring practices extend beyond professional qualifications, incorporating a thorough political selection process that considers familial and ideological affiliations. The pedigree of the Vietnam Airlines air crew is known to span up to three generations of communist party ties within their families. This stringent screening process is a testament to the extent of political influence in securing coveted positions.</p><p>Notably, the criteria for access to diplomatic education and positions within airlines are limited and reserved for a select few: party members, friends, and families hailing from the northern region of Vietnam, specifically from Hanoi. This geographic specificity further emphasizes the exclusivity of these opportunities, reinforcing the notion that political connections play a pivotal role in shaping career trajectories within the national airline. The implications of such practices extend beyond individual merit, contributing to an environment where personal and political ties can outweigh professional capabilities in crucial sectors of the nation's infrastructure.</p><figure class="wp-block-image size-full is-style-rounded"><a href="https://www.insuranceinasia.com/personal-family-2/health-insurance-4/" target="_blank" rel="noreferrer noopener"><img src="https://www.riskinasia.com/wp-content/uploads/2022/08/ad-vietnam-a-top-destination-for-expats.png" alt="Healthcare insurance for expats." class="wp-image-3906"/></a></figure><h2 class="wp-block-heading">A privileged recruit by cooptation and fee payment</h2><p>Recruitment within this privileged circle is often facilitated through cooptation and, in some cases, involves fee payments, further underscoring the exclusive nature of these opportunities. The educational prerequisites for individuals entering positions with diplomatic responsibilities and representing Vietnam on a global scale include a comprehensive study of Vietnam's culture and history, with an emphasis on political science, diplomatic representation, cultural studies, ideology, and information curriculum.</p><p>The selection process for such roles is intricate, considering a combination of factors such as family background, skills, ethical standing, and above all, loyalty to the party. Those chosen for these crucial positions are seen as representatives of the image and reputation of the regime on the international stage. As a result, any form of dissident activities is strictly prohibited, reflecting the government's commitment to presenting a unified front and maintaining a positive image of Vietnam and its people. This approach ensures that individuals in key roles align closely with the political ideology and diplomatic objectives of the ruling party, reinforcing a cohesive narrative and projection of the country's identity.</p><div style="height:30px;" class="wp-block-spacer"></div>
<h2 class="wp-block-heading">Vietnam airlines hostesses is a job with invaluable benefits</h2><div class="wp-block-columns"><div class="wp-block-column"><p>Working as a hostess for Vietnam Airlines comes with invaluable benefits that extend far beyond the confines of the aircraft. The job opens doors to a world of business and private relationships across the globe, unburdened by explicit political messaging. Vietnam's air crews enjoy perks such as duty-free shopping, and they may explore opportunities like marriage or acquiring a foreign passport/residency, reminiscent of times when geopolitical barriers were more pronounced, as seen in the memories of the Berlin Wall.</p></div>
<div class="wp-block-column"><figure class="wp-block-image size-full is-style-rounded"><img src="https://www.riskinasia.com/wp-content/uploads/2023/11/VNA-airlines-exit.jpg" alt="" class="wp-image-4814"/><figcaption class="wp-element-caption"> Online news site, synthesizing the latest and hottest news about economics, politics, society, law, life… at home and abroad. </figcaption></figure></div>
</div><p>Import duties in Vietnam are notably high, with a standard VAT of 10%, while export duties vary from 0% to 40%. Additionally, special sales tax rates range from 7% for certain goods to as high as 75% for luxury items. The term 'hang sach tay,' referring to hand-carried goods, encompasses a range of items such as perfumes, fashion items, luxury bags, mobile devices, high-end audio equipment, and even medicines.</p><p>Beyond these visible perks, the air crew benefits from 'diplomatic immunity' and expedited clearance facilitated by powerful mentors, ensuring their transit is smooth and without intrusive inquiries. These hidden advantages add another layer of privilege to the already enticing package of working for Vietnam Airlines.</p><div class="wp-block-ultimate-post-wrapper ultp-block-c57d4e"><div class="ultp-wrapper-block"><p>Subscribe to our newsletter and stay up-to-date with insights on what's happening in Vietnam and Asia.</p><div class="wp-block-buttons"><div class="wp-block-button"><a class="wp-block-button__link wp-element-button" href="https://www.riskinasia.com/risk-in-asia-newsletter/">Subscribe</a></div>
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</div></div></div></div></div></div> ]]></content:encoded><pubDate>Wed, 22 Nov 2023 05:54:08 +0000</pubDate></item><item><title><![CDATA[Vietnam's Real Estate Construction and Risks for Expats]]></title><link>https://www.riskinasia.com/blogs/post/vietnams-real-estate-construction-and-risks-for-expats</link><description><![CDATA[Part 3 of the ‘Unraveling Corruption in Vietnam - Catch 22’ series The world of real estate development, in particular the residential construction in ]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_K6kXuixxTsKNxKuE32vjcw" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_iTs__iNlT8qSxHfv4maqvw" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_WP251lE4TQCYDfZ_FFj2QA" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_Pg1mHAK7Tg2581ZI0n7rIA" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-center " data-editor="true"><div><div class="wp-block-columns"><div class="wp-block-column"><h2 class="wp-block-heading">Part 3 of the ‘Unraveling Corruption in Vietnam - Catch 22’ series</h2><p>The world of real estate development, in particular the residential construction in Vietnam, is full of high-rise projects and mini apartments that are a billion-dollar business. And plenty of risk.</p><h2 class="wp-block-heading">Unveiling the Shady World of Residential Construction in Vietnam</h2><p>In recent years, Vietnam's real estate sector has experienced a remarkable boom, with towering high-rise projects and the emergence of mini apartments dominating the landscape. These developments have presented themselves as incredibly profitable billion-dollar opportunities, luring both domestic and foreign investors. The allure of this burgeoning market has led to a surge in construction activities, shaping skylines and transforming cityscapes, seemingly without end.</p></div>
<div class="wp-block-column"><figure class="wp-block-image aligncenter size-large is-style-rounded"><img src="https://www.riskinasia.com/wp-content/uploads/2023/10/construction-corruption-1024x631.jpeg" alt="" class="wp-image-4783"/></figure></div>
</div><p>However, beneath the shimmering facades of these grand projects and the allure of seemingly lucrative investments, there exists a darker underbelly. Allegations of corruption and irregularities have tainted the reputation of Vietnam's real estate industry. These allegations suggest that in the pursuit of colossal profits, some developers, with the assistance of higher-ups, may skirt legal boundaries, leading to unauthorized constructions, questionable practices, and regulatory violations.</p><p>This backdrop of alleged corruption and legal gaps casts a shadow over the real estate market, and it carries particular risks for expatriates interested in investing or residing in Vietnam. The dynamics of this thriving sector, while promising, can present a complex and uncertain landscape for those unfamiliar with the intricate nuances of the Vietnamese legal system. Expatriates seeking to establish a foothold in this dynamic Southeast Asian nation face a multitude of challenges, from navigating ambiguous regulations to mitigating the risks associated with potential corruption.</p><p>As a result, expats must approach their real estate ventures in Vietnam with caution and a deep understanding of the prevailing circumstances. While the potential for fruitful investments is undeniably attractive, they should be mindful of the potential pitfalls and legal ambiguities that may accompany these opportunities. The need for comprehensive research, local legal expertise, and due diligence cannot be understated, as it is paramount in making informed decisions that safeguard investments and provide peace of mind in this dynamic, yet complex, <a href="https://www.riskinasia.com/is-there-a-real-estate-bubble-in-vietnam-2023/">real estate market</a>.</p><h2 class="wp-block-heading">The Voices of Former Leaders</h2><p><a href="https://tuoitre.vn/nguyen-bi-thu-ha-noi-pham-quang-nghi-noi-chung-cu-mini-vuot-tang-co-the-luc-chong-lung-2023091814205003.htm" target="_blank" rel="noreferrer noopener">Pham Quang Nghi's recent statements</a> provide a critical insight into the troubling state of the construction industry in Vietnam. As a former Secretary of the Hanoi Party Committee, Nghi's remarks carry substantial weight, revealing a disconcerting reality within the sector. He underscores a widespread issue that has long been lurking in the shadows of the Vietnamese construction world: developers engaging in unauthorized construction projects with a dubious expectation that they can, in essence, buy their way to legitimacy through fines.</p><p>This expectation, though highly questionable and unethical, has become an unfortunate norm within the industry. Developers are well aware of the potential profitability tied to real estate ventures, and they are seemingly willing to push the boundaries of legality to achieve their financial goals. The allure of massive profits provides a powerful incentive for these developers to engage in unauthorized construction activities. They often believe that, even if their projects breach regulations, they can navigate the system by paying fines and thereby legalize their violations. In essence, this practice enables them to transform illegal endeavors into seemingly lawful ones.</p><p>The consequences of such practices are profound. They perpetuate a culture of non-compliance, where developers prioritize profit over legality. By running afoul of regulations, they not only risk compromising the integrity of construction projects but also the safety of residents and the structural soundness of the buildings themselves. This approach undermines the very foundations of safety and accountability that should be upheld within the construction sector.</p><figure class="wp-block-embed is-type-wp-embed is-provider-risk-in-asia wp-block-embed-risk-in-asia"><div class="wp-block-embed__wrapper"> https://www.riskinasia.com/political-and-economical-revival-in-vietnam-navigating-uncertainty-and-systemic-risk/ </div>
</figure><p>Nghi's observations raise questions about the effectiveness of regulatory oversight and the integrity of the construction approval process in Vietnam. They also spotlight a concerning cycle of perpetuated corruption, where developers resort to bribery and underhanded tactics to achieve their objectives. Such practices can have wide-reaching implications, not only on the construction industry but on the broader society and governance in Vietnam.</p><h2 class="wp-block-heading"><strong>The Lure of Residential Projects in Hanoi and Ho Chi Minh</strong></h2><div class="wp-block-columns"><div class="wp-block-column"><figure class="wp-block-image size-large is-style-rounded"><img src="https://www.riskinasia.com/wp-content/uploads/2023/10/mini-apartments-hanoi-1024x675.jpg" alt="" class="wp-image-4784"/></figure></div>
<div class="wp-block-column"><p>Residential construction has emerged as an irresistible and potentially highly rewarding sector for developers in Vietnam. The appeal lies in the fact that the sale of both mini apartments and high-rise projects can yield substantial and, in some cases, astronomical returns on investment. As a result, it has become a magnet for ambitious real estate companies looking to capitalize on the country's robust housing demand and rapid urbanization.</p><p>The lure of colossal profits and the ever-expanding housing market create an environment where developers are often tempted to seek shortcuts and engage in activities that fall outside the boundaries of legality. This environment sometimes fosters a culture where unauthorized constructions and illicit dealings become disturbingly common practices. The pressure to meet profit targets can lead to a willingness to cut corners and sidestep regulations, often at the expense of construction quality, safety, and adherence to legal standards. The <a href="https://vnexpress.net/nhung-cau-hoi-bo-ngo-sau-vu-chay-chung-cu-mini-4653895.html">mini-apartment fire in Hanoi</a> reminds us of how dangerous it can be.</p></div>
</div><p>One of the key factors contributing to this phenomenon is the intense competition in the Vietnamese real estate market, especially in Hanoi and Ho Chi Minh City. With numerous developers vying for a share of the lucrative residential sector, the race to secure prime locations, launch projects quickly, and attract buyers can lead to hasty decision-making. In this frenetic atmosphere, some developers may prioritize their financial gains over adherence to the stringent regulatory requirements.</p><p>Moreover, the potential windfall from residential construction projects can create a fertile ground for illicit dealings and unethical practices. The allure of substantial profits may prompt some developers to resort to bribery, collusion with local officials, or other questionable activities to expedite project approvals, zoning changes, or building permits. This behavior can not only compromise the integrity of construction projects but also taint the overall business environment, hindering transparency and accountability.</p><figure class="wp-block-image size-full is-style-rounded"><a href="https://www.insuranceinasia.com/personal-family-2/health-insurance-4/" target="_blank" rel="noreferrer noopener"><img src="https://www.riskinasia.com/wp-content/uploads/2022/08/ad-vietnam-a-top-destination-for-expats.png" alt="Healthcare insurance for expats." class="wp-image-3906"/></a></figure><div style="height:30px;" class="wp-block-spacer"></div>
<h2 class="wp-block-heading">Expats in Vietnam Caught in the Crosshairs</h2><p>For expats living in Vietnam, the real estate market can indeed be a daunting subject to understand, filled with unique challenges and uncertainties. The landscape they encounter is one where legal intricacies and the constant shadow of corruption cast a veil of complexity over property investments or securing a residence in the country.</p><p>One of the most significant hurdles for expats is the intricacy of Vietnam's legal framework, particularly concerning property ownership and investment. The country's legal system is vastly different from what many expats are accustomed to in their home countries. Navigating through this web of regulations, permits, and documentation can be a formidable endeavor, often requiring expert legal counsel and comprehensive due diligence to ensure compliance.</p><p>Corruption is a pervasive concern in Vietnam, and this specter looms over various aspects of life, including real estate transactions. Expats are not immune to the risks associated with encountering corrupt practices, such as bribery, fraudulent documentation, or collusion with unscrupulous individuals seeking to exploit their lack of familiarity with local practices. This ever-present risk underscores the importance of thorough research and due diligence to safeguard investments and interests.</p><p>Expats seeking to invest in property or secure a residence in Vietnam are also at risk of falling victim to questionable practices. The real estate market can sometimes be characterized by a lack of transparency and accountability, where the interests of buyers may not always be prioritized. Expats must exercise caution to avoid falling into traps involving illegal or fraudulent transactions, often driven by unscrupulous developers or agents seeking to maximize their gains.</p><p>In essence, the real estate market in Vietnam can be a double-edged sword for expats. While there are significant opportunities and attractive prospects, there are also substantial risks. Navigating the intricate legal landscape and mitigating the ever-present threat of corruption require meticulous planning and expert guidance. Expats must approach their real estate endeavors with diligence, drawing upon local expertise and conducting thorough research to ensure their investments or residential choices align with both their aspirations and the realities of Vietnam's dynamic, yet complex, real estate environment.</p><div class="wp-block-columns"><div class="wp-block-column"><h2 class="wp-block-heading">Allegations of Corruption</h2><p>The allegations of corruption in Vietnam's construction sector have been a recurring issue, and they are not a recent development. The industry's profit margins are undeniably alluring, making construction projects highly attractive to developers and investors. However, the quest for substantial financial gains has, in some cases, led to questionable and unethical dealings, creating a cloud of suspicion and mistrust around the sector.</p><p>The allure of high profit margins in construction is a powerful incentive for developers and investors in Vietnam. The real estate market, particularly for high-rise projects and mini apartments, presents the potential for significant returns on investment. This promise of substantial financial rewards can sometimes overshadow ethical considerations, leading some to take shortcuts, bend the rules, or engage in illicit practices to secure their interests.</p></div>
<div class="wp-block-column"><figure class="wp-block-image size-full is-style-rounded"><img src="https://www.riskinasia.com/wp-content/uploads/2023/10/vietnam-ministry.jpeg" alt="" class="wp-image-4786"/></figure></div>
</div><p>One common belief is that higher-ranking officials or authorities often turn a blind eye to these transgressions or even facilitate them. It's assumed that the financial benefits at stake in the construction sector are so substantial that they become a driving force behind this complicity. In such a scenario, there may be instances where developers, in collusion with officials, are allowed to flout regulations, zoning laws, and other legal requirements, effectively placing profit above adherence to the rule of law.</p><p>These allegations of corruption in the construction sector have far-reaching consequences. They not only compromise the integrity of construction projects but also erode public trust in the regulatory and oversight mechanisms. The perception that certain individuals or entities can operate with impunity fosters an environment where ethical behavior and adherence to legal standards can be undermined.</p><h3 class="wp-block-heading">Legal Ambiguities and Safety Concerns</h3><p>A significant and striking issue within Vietnam's real estate market revolves around the enigmatic legal status of mini apartments. These particular types of housing units are not clearly defined within the existing legal framework, thereby often managing to elude regulatory oversight and scrutiny. This lack of a concrete definition and framework for mini apartments can be traced back to the deficiencies in the 2014 Housing Law, which has led to a complex and uncertain regulatory landscape.</p><p>Mini apartments represent a unique category of housing in Vietnam, offering a different concept of residential living. These units are typically smaller in size and are popular among young families, students, and individuals looking for affordable housing options. Their distinct characteristics, including smaller floor areas and often communal living spaces, make them an attractive choice in urban areas where space is at a premium.</p><p>However, the absence of a clear legal definition for mini apartments within the 2014 Housing Law has created a regulatory gray area. This lack of clarity has left various aspects of mini apartments unregulated, including their construction, safety standards, and approval processes. The ambiguity surrounding these units has contributed to a number of challenges, not only for developers but also for residents and investors.</p><p>The regulatory ambiguity has far-reaching implications. It makes it challenging for local authorities to effectively monitor and enforce standards for mini apartment developments. This leads to discrepancies in construction practices, which can compromise the safety and quality of these housing units. Additionally, the lack of legal clarity raises questions about property ownership and rights, affecting both developers and those who invest in or reside in mini apartments.</p><h2 class="wp-block-heading"><strong>The Mini Apartment Dilemma</strong></h2><div class="wp-block-columns"><div class="wp-block-column"><figure class="wp-block-image size-full is-style-rounded"><img src="https://www.riskinasia.com/wp-content/uploads/2023/10/mini-apartments-vietnam.jpg" alt="" class="wp-image-4785"/></figure></div>
<div class="wp-block-column"><p>Mini apartments have emerged as a popular and practical choice for urban dwellers in Vietnam, catering to the needs of diverse groups, particularly young families and students. These housing units offer an attractive option due to their affordability and efficient use of limited urban space. However, their ambiguous legal status has given rise to numerous uncertainties, disputes between buyers and developers, and, importantly, the potential for risky investments for expatriates.</p><p>The appeal of mini apartments lies in their compact yet functional design, making them an affordable choice for those living in bustling urban centers. They provide an opportunity for people to own or rent a property that meets their basic living needs without breaking the bank. The cost-effectiveness of mini apartments is a significant factor that draws urban dwellers, especially young families and students, to this housing option.</p></div>
</div><p>However, the lack of clear legal definition and regulation for mini apartments has cast a shadow of uncertainty over this housing segment. This legal ambiguity gives rise to a range of challenges and risks for both developers and those interested in investing or residing in mini apartments. Disputes between buyers and developers may arise over property rights, ownership, and the responsibilities of each party. Without a robust legal framework in place, these disputes can become protracted and complicated.</p><p>Expats, in particular, are at risk when considering investments in mini apartments. The unique legal landscape and regulatory uncertainties can make it difficult for expats to fully understand their rights and obligations when engaging in property transactions. They may find themselves facing difficulties in navigating the local real estate market, interpreting contracts, and ensuring that their investments are protected.</p><p>The legal gray area surrounding mini apartments can potentially lead to risky investments for expatriates who may not have the same level of familiarity with local practices and regulations as Vietnamese residents. This underscores the importance of conducting thorough due diligence and seeking legal advice when considering investments in this segment of the real estate market.</p><h3 class="wp-block-heading">The Risk to Expats</h3><p>Expats who are interested in purchasing or <a href="https://www.riskinasia.com/real-estate-market-in-vietnam-in-2023-challenges-and-opportunities-for-renting-and-leasing/">renting property in Vietnam</a> face their own set of challenges and concerns within the real estate sector. The specific issue that affects them is the lack of clear regulations surrounding mini apartments, which can potentially put their investments at risk. Additionally, navigating the intricate legal landscape and understanding the legitimacy of properties can be a formidable task, particularly for those who are unfamiliar with the intricacies of Vietnamese law.</p><p>The ambiguity surrounding mini apartments and their legal status can pose significant risks for expatriates. These investors may not have the same level of local knowledge and expertise as Vietnamese residents, making it challenging for them to fully comprehend the intricacies of the real estate market. They may find themselves in a situation where they are uncertain about their rights, obligations, and the legal protections available to them in property transactions.</p><p>Furthermore, expatriates may struggle to interpret contracts, negotiate terms, and ensure that their investments are safeguarded. The lack of transparency and well-defined regulations for mini apartments can create an environment where their interests are not adequately protected. This is a critical concern for expatriates who may be looking to make a substantial investment in the Vietnamese real estate market, such as purchasing property for residential purposes or as part of a real estate portfolio.</p><h3 class="wp-block-heading">The Legal Gap and Its Consequences</h3><p>The absence of clear and specific regulations for mini apartments in Vietnam has created a significant vulnerability within the real estate market. This legal vacuum has enabled developers to exploit gaps in the regulatory framework, resulting in potentially dire consequences. A common practice employed by developers is to initially secure permits for individual houses, only to later convert these properties into mini apartments. This strategic maneuver allows them to bypass stringent fire safety standards and other regulatory requirements, taking advantage of the legal loophole.</p><p>The conversion of individual houses into mini apartments is a tactic that seeks to capitalize on the ambiguity surrounding the legal status of these units. Developers are able to circumvent certain building and safety standards, including those related to fire prevention and safety. This can result in buildings that do not meet the necessary safety criteria, putting the lives and well-being of residents at risk.</p><p>The tragic fire incident in Khuong Ha Street serves as a stark reminder of the consequences of this legal loophole. The fire, which claimed the lives of 56 people, was a direct result of a mini apartment building that had been converted from an individual house. The lack of compliance with fire safety regulations and other building standards exacerbated the severity of the tragedy.</p><p>This incident underscores the urgent need for comprehensive and well-defined regulations for mini apartments. The absence of such regulations not only poses serious risks to the safety of residents but also creates a climate of uncertainty and instability in the real estate market. Addressing these legal gaps is essential to prevent future tragedies and ensure that developers are held accountable for the safety and well-being of those who invest in or reside in mini apartments.</p><h3 class="wp-block-heading">Calls for Reforms in Vietnam</h3><p>Acknowledging the pressing need for reform within the real estate sector, the Prime Minister of Vietnam has taken a proactive stance by urging the Ministry of Construction to tackle the issue of fire protection standards for mini apartments and high-density rental properties. These actions reflect a critical step towards bringing much-needed clarity and regulation to an industry plagued by ambiguity and legal gaps, with the ultimate aim of safeguarding the interests of both investors and residents.</p><p>The Prime Minister's directive is a significant development that signals a commitment to addressing the challenges posed by the real estate market, particularly concerning the safety and legality of mini apartments and high-density rental properties. By specifically targeting fire protection standards, the government is taking a crucial step towards rectifying the safety concerns associated with these housing units.</p><p>Mini apartments and high-density rental properties have become integral components of the urban housing landscape in Vietnam, providing affordable and accessible living options. However, the absence of clear regulations has allowed developers to exploit legal gaps and circumvent essential safety standards, often putting residents at risk. This situation not only endangers the well-being of those who reside in these units but also creates uncertainties for investors and property buyers.</p><p>The government's initiative to address fire protection standards for mini apartments and high-density rental properties is a positive sign that the regulatory deficiencies within the real estate market are being recognized and actively rectified. By establishing well-defined standards and regulations, the government aims to create a safer and more transparent environment for both investors and residents, thereby mitigating potential risks and conflicts.</p><h2 class="wp-block-heading">The Tightrope Walk for Expats in Vietnam's Residential Construction</h2><p>For expatriates considering investments in Vietnam's residential real estate, the path forward is a tightrope walk. While the opportunities are vast, the risks, including corruption allegations and legal ambiguities, should not be underestimated. The call for regulatory reforms and increased transparency is a glimmer of hope in a landscape marred by uncertainties, making it essential for expats to tread cautiously in the world of Vietnam's residential construction.</p><div style="height:30px;" class="wp-block-spacer"></div>
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</div></div></div></div></div></div> ]]></content:encoded><pubDate>Tue, 31 Oct 2023 02:20:38 +0000</pubDate></item><item><title><![CDATA[The COVID Repatriation Scandal]]></title><link>https://www.riskinasia.com/blogs/post/the-covid-repatriation-scandal</link><description><![CDATA[Part 1 of the ‘Unraveling Corruption in Vietnam’ series In a momentous turn of events on August 15, 2023, Vietnam fully reopened its doors to the world ]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_5dYu7NCzQOCkAXe1Dssl3A" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_jhLLEJlCR7qjtxF8GhFdpw" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_14c4U6afRPiO9z7BPY339g" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_qR5So5R1TgCR5VnYD9aH-w" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-center " data-editor="true"><div><div class="wp-block-columns"><div class="wp-block-column"><h2 class="wp-block-heading">Part 1 of the ‘Unraveling Corruption in Vietnam’ series</h2><p>In a momentous turn of events on August 15, 2023, Vietnam fully reopened its doors to the world, having declared COVID-19 a &quot;manageable disease.&quot; But the lingering question that international observers couldn't help but ask was, &quot;What took Vietnam so long?&quot; The answer lies in the complex web of corruption that had engulfed the nation during the chartered flights COVID repatriation case, resulting in extended delays and dire consequences.</p><p>In summary, the case is about a US$100Mio extortionate onboarding fees, shared by 8 ministry officials and related, 2000 flights over 2 years to investigate, causing the freeze and incarceration of immigration police, Vietnam airlines, tourism and of course the Ministry of Foreign affairs diplomat employees.</p></div>
<div class="wp-block-column"><figure class="wp-block-image aligncenter size-large is-style-default"><img src="https://www.riskinasia.com/wp-content/uploads/2023/10/Repatriation-of-Vietkieu-Covid-times-646x1024.jpeg" alt="" class="wp-image-4735"/></figure></div>
</div><h2 class="wp-block-heading">Part 1: Corruption Hindering Repatriation Efforts</h2><p>Vietnam's triumphant reopening was marred by a corruption scandal of epic proportions, stemming from the COVID repatriation chartered flights. For 15 long months, this case had plagued the nation, culminating in exemplary sentences of over 12 years in jail and even death penalties.</p><h2 class="wp-block-heading">Extortionate Toll Fee Onboarding Vietnamese Covid Repatriation Flights</h2><div class="wp-block-columns"><div class="wp-block-column"><figure class="wp-block-image size-large"><img src="https://www.riskinasia.com/wp-content/uploads/2023/10/Repatriation-sentences-538x1024.jpg" alt="" class="wp-image-4737"/></figure></div>
<div class="wp-block-column"><p>Vietnam's authorities, under the banner of their &quot;nobody's left behind&quot; campaign during the pandemic, imposed an exorbitant fee of VND 150 million to board Vietnam Airlines' chartered flights. Shockingly, a gang of opportunistic Ministry officials omitted this fee, thus exploiting the vulnerable repatriation process.</p><figure class="wp-block-image size-large"><img src="https://www.riskinasia.com/wp-content/uploads/2023/10/Repatriation-sentences-2-758x1024.jpg" alt="" class="wp-image-4736"/></figure></div>
</div><h2 class="wp-block-heading">A Shocking Twist in the COVID Repatriation Saga</h2><p>Victims, eager to return to their homeland, found themselves compelled to pay a &quot;coffee money&quot; fee to secure their place on these flights. In this distressing situation, they unwittingly became accomplices in the crime. The court officials handling these cases often harbored biases toward the rogue officials, as they feared that they could face accusations themselves. The corruptors, out of necessity, became instigators of the crime.</p><h2 class="wp-block-heading">A Lengthy Investigation Reveals Collusion Across 8 Ministries</h2><p>As rogue officials siphoned off huge sums of money, the judges handed down harsh punishments, with jail terms ranging from 12 to 15 years. Those who profited the most faced the harshest penalty: death sentences.</p><p>However, the heart of the investigation was to trace the money amassed from 2,000 chartered flights orchestrated by government officials across eight ministries. This repatriation effort, aimed at bringing Vietnamese citizens stranded abroad during uncontrolled COVID-19 outbreaks in the USA and Europe, generated a staggering $50,000 profit per flight, totalling a mind-boggling $100 million.</p><h2 class="wp-block-heading">The Judge's Firm Stance Against Extortion</h2><p>Now here is the catch for the convicts that are in fact categorized in ‘good’ guys those who were demanded to pay and the ‘bad’ the rogue officials in charge who demanded money to stamp anything related to boarding the planes.</p><p>For this case is so prominent, the money so big; for the first time the judges decided to offer à possibility of remission if they refund the ill-earned cash to bail themselves out thus reducing harsh lengthy&nbsp; jail and death sentence if they repay some of their pocketed money. Then of course the ‘bad’ convicts had plenty of money to bail themselves out, and the ‘good’ convicts had no money pocketed as they paid most to the bad guys. Now the ‘good convicts’ will pay ‘double’ jail time.</p><figure class="wp-block-image size-full is-style-rounded"><a href="https://www.insuranceinasia.com/personal-family-2/health-insurance-4/" target="_blank" rel="noreferrer noopener"><img src="https://www.riskinasia.com/wp-content/uploads/2022/08/ad-vietnam-a-top-destination-for-expats.png" alt="Healthcare insurance for expats." class="wp-image-3906"/></a></figure><h2 class="wp-block-heading">In Conclusion: Victims Await Justice</h2><p>Despite the urgency of reopening the country and the necessity of visa issuance, the government expedited the trial, focusing on the profits from 800 out of 2,000 repatriation flights. The pressing question remains: What happened to the recouped money? Did it reach the plaintiffs, who had already paid a steep toll fee to the state coffers of the &quot;culprit&quot; ministries?</p><p>As the nation grapples with this corruption scandal, a larger question looms on the horizon: Is this attempt to recover funds concealing a more profound issue – the government's financial stability on the brink of collapse?</p><div class="wp-block-ultimate-post-wrapper ultp-block-7e7c58"><div class="ultp-wrapper-block"><p>Subscribe to our newsletter and stay up-to-date with insights on what's happening in Vietnam and Asia.</p><div class="wp-block-buttons"><div class="wp-block-button"><a class="wp-block-button__link wp-element-button" href="https://www.riskinasia.com/risk-in-asia-newsletter/">Subscribe</a></div>
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</div></div></div></div></div></div> ]]></content:encoded><pubDate>Mon, 16 Oct 2023 10:15:48 +0000</pubDate></item><item><title><![CDATA[REMINDER: The Press, News and Journalism in Vietnam is stuck in the USA-Russia Pre-1989 Cold war function and style]]></title><link>https://www.riskinasia.com/blogs/post/reminder-journalism-in-vietnam-stuck-in-the-cold-war-era-a-glimpse-into-pre-1989-style-reporting</link><description><![CDATA[In the digital age, where information flows at the speed of light and newspapers gather dust on forgotten shelves, one might assume that journalism ha ]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_ByN8NffTS223534Uw-3EUg" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_KvxnmRooQkSZtT_aJzquyg" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_ddCblsf9S0W33IEsN1nAVQ" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_BsOnc3O4Rp2JpErm7WKbrw" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-center " data-editor="true"><div><div class="wp-block-columns"><div class="wp-block-column"><p>In the digital age, where information flows at the speed of light and newspapers gather dust on forgotten shelves, one might assume that journalism has evolved exponentially. Yet, in Vietnam, a country steeped in history and tradition, the art of journalism seems to have remained frozen in time, akin to the days of the Cold War and the Berlin Wall. In this article, we delve into the intriguing world of Vietnamese journalism, exploring its unique facets and shedding light on the challenges faced by journalists in this enigmatic landscape.</p><h2 class="wp-block-heading">The Economic Realities of Vietnamese Journalism</h2><p>Gone are the days when newspapers were the primary source of information. With the advent of the internet and digital media, the traditional newspaper industry has been pushed to the brink of extinction worldwide. In Vietnam, the situation is no different. Nobody buys newspapers anymore, so the question arises: where does the money come from to sustain journalism in this country?</p></div>
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</div><p>The answer lies in a curious mix of funding sources. Government ministries and cultural bodies play a significant role in financing Vietnamese newspapers, keeping them afloat in these trying times. Additionally, private envelopes sponsorship, often from corporate entities with vested interests, contributes to the financial sustenance of these publications. However, this reliance on government and private sector funding raises questions about journalistic independence and objectivity.</p><figure class="wp-block-embed is-type-wp-embed is-provider-risk-in-asia wp-block-embed-risk-in-asia"><div class="wp-block-embed__wrapper"> https://www.riskinasia.com/reliable-news-in-vietnam </div>
</figure><h2 class="wp-block-heading">The Struggles of Vietnamese Journalists and News publishing: uncensored or unchecked Paid articles.</h2><p>One of the most striking aspects of Vietnamese journalism is the absence of professional journalists as we know them in Western countries. The salary for journalists in Vietnam hovers around a meager $350 per month. This paltry sum serves as a stark reminder of the economic challenges faced by those pursuing a career in journalism.</p><p>Chapters below developed in your INSIDER section</p><p>1- The Role of Propaganda in Vietnamese Journalism</p><p>2- National and Paid Advertising: A Quirk of Vietnamese Media</p><p>3- The Limits and Consequences</p><p>In Conclusion: Be Your Own Investigative Journalist</p><p>Furthermore, journalists in Vietnam are constrained by upfront censorship at the state level, which severely limits their ability to report on sensitive issues. This censorship extends to matters that might be considered routine or mundane in other countries. As a result, the window for a successful career and emerging stardom in journalism is remarkably narrow, to the point where Western journalists might describe it as a closed window.</p><p>In a system of '1 source many channels', where journalistic success is more about conforming to the norm than pushing the boundaries, one should not expect groundbreaking investigative reporting or deep analysis. Vietnamese journalists are neither trained nor incentivized to provide critical analysis or innovative solutions to societal problems. Instead, their role is primarily normative, reinforcing established narratives and agendas.</p><figure class="wp-block-image size-full is-resized"><img src="https://www.riskinasia.com/wp-content/uploads/2023/09/currently-not-available.png" alt="" class="wp-image-5118" style="width:326px;height:auto;"/></figure><h2 class="wp-block-heading">The Role of Propaganda in Vietnamese Journalism censational announcements to boost the people's morale</h2><p>A defining characteristic of Vietnamese journalism is its close connection with the government. Journalists are not only trained but also paid by the government, which inevitably leads to a filtration of articles before publication. Any piece of news that may be deemed harmful or critical of the authorities is swiftly removed from circulation.</p><p>In this environment, journalism serves as a tool for propaganda, disseminating messages that align with the government's agenda. The recent announcement of &quot;the Ministry of Transport proposes investing in a high-speed railway with&nbsp;<a href="https://e.vnexpress.net/news/news/traffic/vietnam-should-consider-350-kph-speed-option-for-north-south-train-pm-announces-4768983.html">a design speed of 350 kph</a>, a total length of 1,541 kilometers, double tracks with a gauge of 1,435 mm, and a bullet train for a <a href="https://e.vnexpress.net/news/business/economy/vietnam-plans-to-invest-in-1-500-kilometers-of-north-south-high-speed-railway-4796816.html">total investment of approximately US$67.34 billion</a>&quot; may come at a bitter disappointment for newcomers followers of the official news. While this may help maintain stability and control, it raises concerns about the credibility and objectivity of news outlets and national leadership and decision making rationale. The blurred line between journalism and propaganda undermines the fundamental principles of independent press.</p><h2 class="wp-block-heading">National and Paid Advertising: A Quirk of Vietnamese Media</h2><p>To further understand the dynamics of Vietnamese journalism, we must examine the role of advertising. National advertising campaigns are prevalent, promoting causes such as tourism, green energy, or national carriers like VNA Airlines. However, it is not uncommon to encounter significant errors in quoted figures, sometimes inflated by factors of ten or even a hundred. The root of this problem lies in the fact that many journalists in Vietnam are linguists or translators, rather than experts in the fields they cover.</p><p>Paid advertising, on the other hand, offers a unique perspective on the functioning of Vietnamese media. With their modest salaries, journalists often rely on paid advertisements to supplement their income. These advertisements serve as a form of paid content, granting advertisers access to the publication's resources, equipment, and audience.</p><figure class="wp-block-image size-full is-style-rounded"><a href="https://www.insuranceinasia.com/personal-family-2/health-insurance-4/" target="_blank" rel="noreferrer noopener"><img src="https://www.riskinasia.com/wp-content/uploads/2022/08/ad-vietnam-a-top-destination-for-expats.png" alt="Healthcare insurance for expats." class="wp-image-3906"/></a></figure><h2 class="wp-block-heading">The Limits and Consequences of Internet publisihing: blogs and e-news goes uncensored leading to some legal troubles or arrests</h2><p>Occasionally, an individual, company, or nation may find themselves inadvertently crossing borders in Vietnamese media. This often leads to warnings, reminders, or formal notifications being issued, serving as a cautionary tale for those who have transgressed the unwritten rules of national boundaries.</p><p>In such cases, the consequences can be severe. From national inbound warnings to international disputes involving mono-national or multi-national entities, the path to reconciliation can be a treacherous one. However, expecting a public apology in such situations is a fool's errand, as the press is often officially appointed and governed, limiting its autonomy.</p><p>Debating or challenging such publications can result in legal troubles and expensive legal fees, with corruption often clouding the pursuit of justice. As Peter Drucker once remarked, &quot;Corruption eats honor for breakfast,&quot; and in Vietnam's journalism landscape, this sentiment is all too real.</p><h2 class="wp-block-heading">In Conclusion: Be Your Own Investigative Journalist knowing the dos and don't</h2><div class="wp-block-columns"><div class="wp-block-column"><p>Vietnamese journalism and publishing remains a unique blend of tradition, government control, and economic challenges. It serves as a stark reminder that journalism, like any other field, evolves at its own pace in different parts of the world. When in Vietnam, it's essential to approach news with a critical eye, be your own investigative journalist, and seek alternative sources to gain a more comprehensive understanding of the complex issues facing the nation. The skill of knowing the NO-NO Non-negotiables Vs the No but maybe is key to journalists, bloggers or influencers to-be about Vietnam.</p></div>
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</div></div></div></div></div></div> ]]></content:encoded><pubDate>Sun, 01 Oct 2023 00:44:57 +0000</pubDate></item><item><title><![CDATA[Insider Info : Part 2, The Bermuda triangle of information in Vietnam]]></title><link>https://www.riskinasia.com/blogs/post/insider-info-the-bermuda-triangle-of-information-in-vietnam</link><description><![CDATA[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 informati ]]></description><content:encoded><![CDATA[<div class="zpcontent-container blogpost-container "><div data-element-id="elm_6nZI5-XZTHeqe0R1gQLcwg" data-element-type="section" class="zpsection "><style type="text/css"></style><div class="zpcontainer-fluid zpcontainer"><div data-element-id="elm_SOuktJp-QOuF-KsdC_sFQw" data-element-type="row" class="zprow zprow-container zpalign-items- zpjustify-content- " data-equal-column=""><style type="text/css"></style><div data-element-id="elm_t059ils1TdiVcV4eLuV4Xw" data-element-type="column" class="zpelem-col zpcol-12 zpcol-md-12 zpcol-sm-12 zpalign-self- "><style type="text/css"></style><div data-element-id="elm_FINfc22mRGuCwhXD7H-Jvw" data-element-type="text" class="zpelement zpelem-text "><style></style><div class="zptext zptext-align-center " data-editor="true"><div><div class="wp-block-columns"><div class="wp-block-column"><p><strong>Part 2: 13 childish questions we had to seek information outside of Vietnam</strong></p><p>This is the second article of a two part series on censorship and information available in Vietnam and Asia. <a href="https://www.riskinasia.com/the-bermuda-triangle-of-information-exists-in-vietnam-and-asian-countries/">In Part 1, we looked for answers through artificial intelligence</a>, or rather the superficial information accessible in a politically correct world.</p><p>This article, available for Insider Info members only, looks at the same questions, but with information available on the outside. Let's dig in.</p></div>
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</div><figure class="wp-block-embed is-type-wp-embed is-provider-risk-in-asia wp-block-embed-risk-in-asia"><div class="wp-block-embed__wrapper"> https://www.riskinasia.com/reliable-news-in-vietnam/ </div>
</figure><h2 class="wp-block-heading">The Vietnam airlines 4 hostesses 11.4kg of drugs smuggling&nbsp;</h2><p>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?</p><p><em>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’. <a href="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">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</a></em></p><p>Q2? Who are the Vietnamese arrested in Vietnam?</p><p><em>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</em>.</p><p><a href="https://vov.vn/phap-luat/bat-2-doi-tuong-van-chuyen-34-banh-ma-tuy-tu-lao-ve-viet-nam-post1028731.vov">https://vov.vn/phap-luat/bat-2-doi-tuong-van-chuyen-34-banh-ma-tuy-tu-lao-ve-viet-nam-post1028731.vov</a></p><p><a href="https://cand.com.vn/Ban-tin-113/khoi-to-6-doi-tuong-thue-bungalow-o-phu-quoc-mo-tiec-ma-tuy-i704074/">https://cand.com.vn/Ban-tin-113/khoi-to-6-doi-tuong-thue-bungalow-o-phu-quoc-mo-tiec-ma-tuy-i704074/</a></p><p>Q3? Who are the ‘Vietnamese connections’ arrested in France on 2–April-2023?</p><p>&gt;&gt;&gt; FRANCE LE PARISIEN&gt; 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&nbsp;&nbsp;</p><p><a href="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">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</a></p><figure class="wp-block-image size-large is-style-rounded"><img src="https://www.riskinasia.com/wp-content/uploads/2023/09/bermude-triagle-of-info-1024x669.png" alt="" class="wp-image-4696"/></figure><h2 class="wp-block-heading">Van Thinh Phat real estate CEO Truong My Lan CEO</h2><p>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?</p><p><em>NO NEWS since her 7-Oct-2022 arrest: is she still alive? <a href="https://cafef.vn/bat-ba-truong-my-lan-chu-tich-tap-doan-van-thinh-phat-2022100810352724.chn">https://cafef.vn/bat-ba-truong-my-lan-chu-tich-tap-doan-van-thinh-phat-2022100810352724.chn</a></em></p><p>Q5? Who gave her all that land to her company Van Thinh Phat and her Hong Kongese husband Eric Chu Nap Kee?</p><p><em>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&nbsp;</em></p><p><a href="https://www.scmp.com/business/article/3231883/hong-kong-property-fire-sale-eric-chu-selling-hotel-luxury-flats-after-wife-truong-my-lan-arrested">https://www.scmp.com/business/article/3231883/hong-kong-property-fire-sale-eric-chu-selling-hotel-luxury-flats-after-wife-truong-my-lan-arrested</a></p><p>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?</p><p><em>On 8-aug-2023 the sell off assets in Vietnam to Mr Nguyen Cao Tri woke up the journalists.</em></p><p><a href="https://cafef.vn/bat-ngo-nhung-thuong-vu-dinh-dam-qua-tay-dai-gia-nguyen-cao-tri-188230808151534439.chn">https://cafef.vn/bat-ngo-nhung-thuong-vu-dinh-dam-qua-tay-dai-gia-nguyen-cao-tri-188230808151534439.chn</a></p><h2 class="wp-block-heading">Viet A case winning all medical supplies during Covid and before</h2><p>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?</p><p><em>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&nbsp;</em></p><figure class="wp-block-embed is-type-wp-embed is-provider-fulcrum wp-block-embed-fulcrum"><div class="wp-block-embed__wrapper"> https://fulcrum.sg/vietnams-accelerated-power-transition-glad-tidings-for-investors-and-foreign-partners/ </div>
</figure><p>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?</p><p><em>&gt;&gt;&gt; THE VIETNAM COMPANY REGISTRATION TAX CODE:&nbsp;</em></p><p><em>*** CLASSIFIED SECRET ***</em></p><p><a href="https://masothue.com/0313246347-cong-ty-co-phan-tap-doan-viet-a">https://masothue.com/0313246347-cong-ty-co-phan-tap-doan-viet-a</a></p><p>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?</p><p><em>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.</em></p><p><em>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.</em></p><p><em>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.</em></p><p><em>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.</em></p><figure class="wp-block-embed is-type-wp-embed is-provider-risk-in-asia wp-block-embed-risk-in-asia"><div class="wp-block-embed__wrapper"> https://www.riskinasia.com/the-devastating-impact-of-systemic-corruption-on-vietnams-medical-sector/ </div>
</figure><h2 class="wp-block-heading">Vinfast EV cars and silent clients</h2><figure class="wp-block-image aligncenter size-full is-style-rounded"><img src="https://www.riskinasia.com/wp-content/uploads/2023/04/vingroup-brands.jpg" alt="" class="wp-image-4377"/><figcaption class="wp-element-caption"> vingroup </figcaption></figure><p>Q10: What are the companies of Vingroup that are profitable and by how much?</p><p>&gt;&gt;&gt; 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’</p><p><a href="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">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</a></p><p>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?</p><p><em>&gt;&gt;&gt; USA NASDAQ REGISTRATION shows explains some magic of Wall Street IPO valuations. In short for non financiers:</em></p><ul class="wp-block-list"><li><em>The short term liabilities (debts) are half the short term assets, which means you can't repay your debts</em></li><li><em>The revenues are 1/6th of the expenses not including some ‘accounting adjustments’ for 50% boost of the revenue, which means the company is bleeding money&nbsp; &nbsp; <a href="https://www.sec.gov/Archives/edgar/data/1913510/000119312523215977/d468546dex151.htm">https://www.sec.gov/Archives/edgar/data/1913510/000119312523215977/d468546dex151.htm</a></em></li></ul><p><em>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’</em></p><p>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?</p><p>&gt;&gt;&gt; USA REPORT ON CLIENT SATISFACTION&nbsp;</p><p><em>On Vinfast sales forecasts a rare analysis by Reuters. <a href="https://www.reuters.com/business/autos-transportation/vietnam-ev-maker-vinfast-expects-break-even-by-end-2024-founder-2023-05-17/">https://www.reuters.com/business/autos-transportation/vietnam-ev-maker-vinfast-expects-break-even-by-end-2024-founder-2023-05-17/</a></em></p><p><em>On customer care: ‘satisfaction by corruption’ globalizing a Vietnam practice</em></p><p><a href="https://www.carsdirect.com/automotive-news/green-technology/vinfast-now-paying-owners-for-ev-problems">https://www.carsdirect.com/automotive-news/green-technology/vinfast-now-paying-owners-for-ev-problems</a></p><p><em>An army of happy drivers of Vinfast EV</em></p><p><a href="https://www.taxixanhsm.vn/bang-gia-xe-taxi-sai-gon/">https://www.taxixanhsm.vn/bang-gia-xe-taxi-sai-gon/</a></p><p><em>NB. In Vietnam 100% of Vingroup clients in all categories of products are happy… or at least don't report being unhappy.</em></p><p>Q13: BONUS QUESTION: Why <a href="https://www.nasdaq.com/videos/vinfast-auto-rings-the-nasdaq-stock-market-opening-bell" target="_blank" rel="noreferrer noopener">on 15-aug-2023 Vinfast Nasdaq IPO day</a>, the most important business day of billionaire Mr Pham Nhat Vuong, owner of Vingroup &amp; 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?</p><figure class="wp-block-image size-large is-style-rounded"><img src="https://www.riskinasia.com/wp-content/uploads/2023/09/Vinfast-IPO-day-230815-1024x600.jpg" alt="" class="wp-image-4697"/></figure><p><em>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.&nbsp;</em></p><p><em>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.</em></p><p><em>Feel free to introduce <strong>RiskinAsia INSIDER</strong> to like minded people</em></p><figure class="wp-block-image aligncenter size-full is-style-rounded"><a href="https://www.insuranceinasia.com/personal-family-2/health-insurance-4/" target="_blank" rel="noreferrer noopener"><img src="https://www.riskinasia.com/wp-content/uploads/2022/08/ad-vietnam-a-top-destination-for-expats.png" alt="Healthcare insurance for expats." class="wp-image-3906"/></a></figure><div style="height:30px;" class="wp-block-spacer"></div>
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