Featured Vietnam

Stop the Illegal Wildlife Trade: How pangolins became the ultimate luxury good

How would you spend £340 ($450)? It’s a lot of money – enough for a haute couture purse from Yves Saint Laurent. It is also the market rate for a kilogram of scales from the world’s most trafficked animal. The story of how the trade of pangolin scales… Read More

Report: More than 60 countries violated sanctions with North Korea last year

Sixty-two countries violated United Nations Security Council sanctions against North Korea over a one-year period, according to a report from a Washington, D.C.-based think tank The Institute for Science and International Security report, released Wednesday, cites over 250 alleged violations from February 2019 to February 2020 based on… Read More

Novartis, Alcon Pay $347 Million to Settle Bribery Probes

Novartis AG and a former subsidiary of the Swiss drugmaker agreed to pay a combined $347 million to resolve allegations that the companies ran schemes to bribe public hospitals and clinics in Greece, Vietnam and South Korea, U.S. authorities said Thursday. The settlements with Novartis and its former… Read More
20th April 2020
AP — U.N. experts have recommended blacklisting 14 vessels for violating sanctions against North Korea in a report that accuses the country of increasing illegal coal exports, imports of petroleum products and continuing with cyber attacks on financial institutions and cryptocurrency exchanges to gain illicit revenue. The 267-page report, obtained… Read More
30th March 2020
It is a sad fact that, even today, enforcement action against the illegal wildlife trade (IWT) usually begins and ends with a seizure of illegal wildlife products. Financial investigations – routine for other serious crimes – are seldom undertaken for IWT. In recent years, however, a growing consensus has… Read More
3rd February 2020
Airbus SE has long since disbanded the so-called strategy and marketing unit at the center of its record $4 billion bribery settlement, but for years it had quite a heyday. According to documents filed by U.S. prosecutors on Friday, the 150-person team used its $300 million annual budget… Read More
31st December 2019
A court in Vietnam on Saturday sentenced a former information minister to life in prison after finding him guilty of taking $3 million in bribes in connection with a controversial deal at state telecoms firm MobiFone. Nguyen Bac Son received the money to facilitate a deal in which MobiFone overpaid… Read More
30th October 2019
The deaths of 39 migrants found in a refrigerated truck in Britain has reignited calls for efforts to tackle slavery in the nail bar sector, a common destination for trafficked Vietnamese. Most of the people discovered in the truck are believed to be from Vietnam, one of the top source… Read More
5th August 2019
The Ministry of Construction has recently requested the Departments of Construction in cities and provinces to urge enterprises in the real estate sector to report suspicious transactions and cash transactions worth 300 million VND (13,000 USD) and above. This is in line with the ministry’s strengthened efforts to prevent money laundering… Read More
31st July 2019
Anti-narcotic investigators are searching for signs of money laundering in the casinos that have spread across Sihanoukville, a Cambodian coastal city that has become a magnet for Chinese high-rollers, amid the booming methamphetamine market in Southeast Asia. The United Nations Office on Drugs and Crime estimates the region’s meth market… Read More
12th June 2018
AP — Vietnamese legislators on Tuesday passed a contentious cybersecurity law, which critics say will hurt the economy and further restrict freedom of expression. The law requires service providers such as Google and Facebook to store user data in Vietnam, open offices in the country and remove… Read More
24th January 2018
U.S. Defense Secretary Jim Mattis praised Vietnam on Wednesday for adhering to sanctions against North Korea, saying at the start of a two-day visit to Hanoi that its leadership on the issue came despite the costs associated with lost trade. “I have to pay my respects there and thank… Read More
26th December 2017
Vietnamese businessman Trinh Xuan Thanh has been charged with corruption in his home country along with 22 oil executives. His alleged kidnapping in Berlin by Vietnamese security forces sparked diplomatic tensions. State prosecutors in Vietnam announced on Tuesday that several high-ranking oil executives had been charged with corruption and wrongdoing… Read More