Vietnam Financial Market HIT HARD, Giant CLEAN-UP Continues!

Ойын-сауық

Vietnam Financial Market hit hard, giant clean-up continues! Uncover the unprecedented scale of Vietnam's largest stock market fraud with lawyer Ken Duong happening in the Ho Chi Minh Stock Exchange, as he takes you on a journey through the most intricate financial scam Vietnam has ever seen, involving high-profile individuals from Vietnam's second billionaire to leading members of the stock exchange.
Live from Vietnam's financial capital, Ho Chí Minh City, Attorney Ken Duong unravels the layers of this complex case, from its origins to the most recent developments. Find out the key figures behind the scandal, the elaborate schemes devised, and the impact on investors and the Vietnamese financial market. Whether you are wanting to move to Vietnam from US, interested in financial crimes, stock market dynamics, or the challenges of investing in Vietnam, we offer critical insights into the mechanisms of market manipulation and the roles played by top-tier financial institutions.
00:00 - Who is behind all this?
01:57 - Tracking Movements: He Can’t Go Anywhere
02:22 - 51 Individuals Involved
03:35 - Unraveling the Manipulation Tactics
04:39 - Instructed the ENTIRE of family into this!
05:28 - Decoding the Complexity: Inside the Schemes
07:12 - Investing in Vietnam IS NOT EASY!
08:45 - Ho Chi Minh Stock Exchange Under Scrutiny
09:57 - Questioning Legal Responses
11:45 - Fun Fact
13:28 - Power Misused: Analyzing the Abuse
14:09 - Final Thoughts: The Verdict Is In
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Пікірлер: 133

  • @vdang2402
    @vdang24023 ай бұрын

    I like this guy's direct stories with no sugar coating BS. Keep up the good works.

  • @VN-BURNER
    @VN-BURNER3 ай бұрын

    #1 rule to invest in Vietnam is to not invest in Vietnam 😅

  • @peaceleader7315

    @peaceleader7315

    3 ай бұрын

    I trust my trung wife..hmmmm.. 😅.. she is after all my wife and mother of our children..😊.

  • @fakennguyen7436

    @fakennguyen7436

    3 ай бұрын

    This is why some folks are still poor.

  • @howiewynn8248

    @howiewynn8248

    3 ай бұрын

    As long as you have a thought . Bringing your money enter to Vietnam. You already make a beginning f..king mistaken.

  • @Meowmeow.age.6

    @Meowmeow.age.6

    3 ай бұрын

    I am a simple bull. When things go down I buy more for cheaper.@@howiewynn8248

  • @VN-BURNER

    @VN-BURNER

    3 ай бұрын

    @@fakennguyen7436 yup, the 9 out of 10 people who invested in Vietnam 😂

  • @Discovery123.
    @Discovery123.3 ай бұрын

    Rule #1: Don’t truss VC and what they say. Rule #2: Don’t forget rule #1.

  • @dinhscot

    @dinhscot

    2 ай бұрын

    VC meaning Viet Commie?

  • @infinitibottle
    @infinitibottle3 ай бұрын

    Damn, all this time i thought I was subscribed to your channel. I always see your new videos pop up and never thoughts about it. Thanks for the reminder Ken.

  • @Khanh2khanh
    @Khanh2khanh2 ай бұрын

    Corruption is rampant in Việt Nam.

  • @user-eb7ee8su3o
    @user-eb7ee8su3o3 ай бұрын

    Great video, Very exciting

  • @esthersmith765
    @esthersmith7653 ай бұрын

    Thanks for the update.

  • @boydr7160
    @boydr71603 ай бұрын

    Thank you for your Vietnam news,

  • @CommonSenses101
    @CommonSenses1013 ай бұрын

    Invest in Vietnam, you will never see your money again.

  • @rb368370
    @rb3683703 ай бұрын

    Thanks Ken, again.

  • @alvinkwek1929
    @alvinkwek19292 ай бұрын

    Good n honest report

  • @damienkim7904
    @damienkim79043 ай бұрын

    Congratulations Vietnam banking corruption should be stopped before it ruins your country. Makes investing in Vietnam so much more profitable!

  • @qht171

    @qht171

    2 ай бұрын

    VN has always been a corrupted county with high bribery. This is just a case of DOG eats DOG. Whoever in power is taking down the opponents.

  • @4985muhammadali
    @4985muhammadali3 ай бұрын

    Thanks for Sharing Ken Sir ❤ , I'm from Mumbai India 🇮🇳 , i hope to setup my business in vietnam 🇻🇳

  • @jasonking6892
    @jasonking68923 ай бұрын

    Interesting 👍🏴󠁧󠁢󠁥󠁮󠁧󠁿

  • @TungNguyenAdelaide
    @TungNguyenAdelaide3 ай бұрын

    Hi Mr Ken Duong, Could you please make a video about Di sản, thừa kế and how to protect di sản in Vietnam ?

  • @tonydang1697
    @tonydang16973 ай бұрын

    You rock!

  • @qn5947
    @qn59473 ай бұрын

    This is just the tip of the iceberg. Do not invest in VN stock market. Don’t put your money in VN bank. If you absolutely have to, then spread your deposit evenly across a dozen banks to minimize risk.

  • @benyee9282
    @benyee92823 ай бұрын

    Happy to catch up sometime in Saigon

  • @jackeyliu8852
    @jackeyliu88523 ай бұрын

    Can't afford Japan trip but can afford a benz, ok Ken 😆

  • @dukebbb6539
    @dukebbb65393 ай бұрын

    OMG! So many paper millionaires here. Practically everyone who owns a piece of road front property is a millionaire.

  • @user-hjsjdhs23sdf

    @user-hjsjdhs23sdf

    3 ай бұрын

    Very true.

  • @kjb-dn5nk
    @kjb-dn5nk3 ай бұрын

    Let's get my bro to Japan!

  • @sebastianniqvist3144
    @sebastianniqvist31443 ай бұрын

    Too many scandals lately in Vietnam and the government seems to want to set an example and is chasing the culprits. I heard the president of Vietnam resigned after only one year. The current landscape doesn’t put confidence on investors. How much would be the ROI per year on the 50K USD investment that you mentioned? And what type of business?

  • @tracyrreed

    @tracyrreed

    3 ай бұрын

    Nobody can tell you what the ROI would be because, as always, past performance is no guarantee of future results. I've been visiting Vietnam and considering doing business there since 2005. The insider trading problem prevents me from buying stock. The lack of familiarity with the legal system and title system prevents me from buying land. The lack of opportunity in my field prevents me from doing business there in general. But I do have in-laws there and visit frequently. In fact, I will be there again next month.

  • @abcdefkkk123aa

    @abcdefkkk123aa

    3 ай бұрын

    Bạn nhầm rồi đấy, thanh trừng tham nhũng càng mạnh thì mới có nền kinh tế minh bạch. Tôi nghĩ rằng nền kinh tế càng minh bạch thì nhà đầu tư mới yên tâm rót vốn hợp tác

  • @sinlapakonekhamvongsa9157

    @sinlapakonekhamvongsa9157

    3 ай бұрын

    Great report

  • @fidget2020

    @fidget2020

    3 ай бұрын

    ​@@abcdefkkk123aaIf it's a real purge, you might be right

  • @sebastianniqvist3144

    @sebastianniqvist3144

    3 ай бұрын

    @@tracyrreed considering since 2005 we are in 2024. The current landscape and lack of transparency just says “NO” to foreign investment. If they cheat their own people with all sorts of scams as foreigners they cheat you laughing at your face. I love Vietnam, great place and super fun but it’s just too much of a roller-coaster to be honest.

  • @ChatGPT-xm7xs
    @ChatGPT-xm7xs3 ай бұрын

    Mr Ken helps the Vetnams peoples! He can claims against Ministry of Pothole in People’s Court #3 if you slips and falls and get you dong! He can also helps you find special price in district 2 for dreams home, job in pig farm, stop demolitions of your house by rich man, sue Grab for bad delivery foods, arrest forain man who try to levee Vetnams without pay rent and baby support, make video, buy good cigar, and many other dings!

  • @LegalAutomation
    @LegalAutomation3 ай бұрын

    Love this channel

  • @duongglobalbusinessconsulting

    @duongglobalbusinessconsulting

    3 ай бұрын

    Thanks for your support!

  • @mingchen1914
    @mingchen19143 ай бұрын

    Thank you Mr. Ken for sharing this video. I heard VN banking corruption before.

  • @donkeykong516
    @donkeykong5162 ай бұрын

    In Vietnam you’ll get scam as soon as land at the airport. Scamming is sport, like golf

  • @Meowmeow.age.6
    @Meowmeow.age.63 ай бұрын

    I am optimistic about the future of Vietnam. I looked around at other countries to invest in outside the USA and I put a little money in Vietnam and less in Indonesia. The Vietnam government cracking down on bad actors makes me more confident in the country. Countries that just let bad actors operate are too corrupt and it creates distrust in society, which is bad for business. This is all good news to me. The future is brighter.

  • @btsdancestudio5691
    @btsdancestudio56913 ай бұрын

    Ken it is like South Korea 1979-1989! Almost note by note copy-cat history! Vietnam is major product producer and USA now looking t them for all goods. And including tech goods and highly skilled high quality furniture!

  • @duongglobalbusinessconsulting

    @duongglobalbusinessconsulting

    3 ай бұрын

    Thanks for sharing that example.

  • @btsdancestudio5691

    @btsdancestudio5691

    3 ай бұрын

    Ken I have Vietnam-USA Green Card & USA Citizenship can I be dual citizen @@duongglobalbusinessconsulting

  • @duongglobalbusinessconsulting

    @duongglobalbusinessconsulting

    3 ай бұрын

    Possibly. Please send us an email so that we can determine whether you can get it.

  • @cinnamonbay
    @cinnamonbay3 ай бұрын

    Welcome to Japan, bro!

  • @trinnienguyoxbridgesalenre5012
    @trinnienguyoxbridgesalenre50123 ай бұрын

    Just following your channel Ken, and l and love it, great stories reporting, keep up the good works. I am Viet-Kieu and has my vietnamese passport issued in Australia. I am seeking some more information and would like to chat further with you. How to contact you?

  • @duongglobalbusinessconsulting

    @duongglobalbusinessconsulting

    3 ай бұрын

    Thanks for watching our channel. You can send us an email to contact@duongbusinessconsulting.com

  • @josephbettencourt7387
    @josephbettencourt73873 ай бұрын

    😢

  • @kealee6350
    @kealee63503 ай бұрын

    Any high ranking public figure get caught for corruption??

  • @albertadomako3244
    @albertadomako32443 ай бұрын

    Never disappoints...another great video 🫡

  • @duongglobalbusinessconsulting

    @duongglobalbusinessconsulting

    3 ай бұрын

    Thanks for your support.

  • @louiskats5116
    @louiskats51163 ай бұрын

    G'day Ken, Hope you like your scotch whiskey 👍. One word for all this & one word only & it is everywhere not exclusive to Vietnam. GREED, GREED AND MORE GREED. Hope a few life imprisonment & death penalties will deter others from trying this into the future. Keep us viewers posted on the verdict please. Cheers Louis Kats your number 1 Fan in Melbourne, Australia 🇦🇺 🇻🇳

  • @chrisgiles1694
    @chrisgiles16943 ай бұрын

    Hey i heard vietnam changed law so now farangs cannot own condos amymore as of this jan Is this true

  • @duongglobalbusinessconsulting

    @duongglobalbusinessconsulting

    3 ай бұрын

    Not true at all.

  • @TrappedQue
    @TrappedQue3 ай бұрын

    I think just about every official in Vietnam is corrupted. That is just way of life & culture over there.

  • @Lily_Znd
    @Lily_Znd3 ай бұрын

    I’d like to cooperate with you Mr Duong. Amazing Channel, keep it up. 👍

  • @duongglobalbusinessconsulting

    @duongglobalbusinessconsulting

    3 ай бұрын

    Please send us an email.

  • @boopfer387
    @boopfer3873 ай бұрын

    How was this a purge? Who is in jail sounded like most nothing happened.

  • @duongglobalbusinessconsulting

    @duongglobalbusinessconsulting

    3 ай бұрын

    Bo Opfer, in most countries (and in Vietnam too), people who are suspected of a crime get arrested first. Then, they are going to court where they will be able to defend themselves. Once all parties have been heard, there is a deliberation and the tribunal makes a decision. Hope it helps.

  • @Tideo123
    @Tideo1233 ай бұрын

    If you invest in any company with the title Group. You should be sleeping with one eye opens.

  • @claudecahen6780
    @claudecahen67803 ай бұрын

    Are all these shenanigans related to the “demotion” of the prime minister 10 days ago?

  • @fakennguyen7436
    @fakennguyen74363 ай бұрын

    Totally got lost when i heard Jose. On the good sides, glad to see the new generation doing a good job on cleaning up the mess the previous one left. A strong country needs educated and rich people. Thats why the US is taking in Chinese through the Mexicans border.

  • @teslapower5461
    @teslapower54613 ай бұрын

    I'm surprised that you've lasted this long. I would not let your guard down if I were you. You might be ending up missing some day. Best of luck.

  • @duongglobalbusinessconsulting

    @duongglobalbusinessconsulting

    3 ай бұрын

    ???

  • @vdang2402

    @vdang2402

    3 ай бұрын

    @teslapower5461 : He's just speaking the truth and the information he shares is already public on the news in Vietnam. It's not something that he made up that he would get into troubles.

  • @tancmwilliam
    @tancmwilliam3 ай бұрын

    Your voice audio is quite soft for this video .

  • @Just_Lanze
    @Just_Lanze3 ай бұрын

    No thank VM !

  • @Bobg-123
    @Bobg-1233 ай бұрын

    Learn from china Vietnam need to clean up corruption and remove proverty to have healthy middle class to support a consumer economy not a corrupt country with most poor people.

  • @user-hjsjdhs23sdf

    @user-hjsjdhs23sdf

    3 ай бұрын

    Learn from China? Most Chinese now realize they did not benefit from the past 20 years. They have a disaster there. Have you heard of the lying down movement? And this disaster is due to communist style corruption. Vietnam already learned from China and the results are showing.

  • @mrbHanoi
    @mrbHanoi2 ай бұрын

    Greed is a hellova drug. This life is only a test Eternity is your real life. Over 100 mil, it is just ego. No need to steal for more.

  • @gipfeli
    @gipfeli3 ай бұрын

    Valuable information well summarised. Vietnam and Viet Kieus need you.

  • @duongglobalbusinessconsulting

    @duongglobalbusinessconsulting

    3 ай бұрын

    We appreciate your kind words and support.

  • @turningpointaustralia9531
    @turningpointaustralia95313 ай бұрын

    Great Information, keep up the good work brother

  • @duongglobalbusinessconsulting

    @duongglobalbusinessconsulting

    3 ай бұрын

    Thanks, will do!

  • @turningpointaustralia9531

    @turningpointaustralia9531

    3 ай бұрын

    @@duongglobalbusinessconsulting Someone from Sydney Australia will contact your office in Saigon .... I refered this person to you

  • @rogerdo1
    @rogerdo13 ай бұрын

    Good to see the government taking actions

  • @elto888
    @elto8883 ай бұрын

    No wonder Võ Thị Ánh Xuân demanded the 3rd change of president in a year.

  • @UncleHoCM
    @UncleHoCM3 ай бұрын

    👍

  • @coastcity7029
    @coastcity70293 ай бұрын

    Is this case an example of going after those who become too successful and too rich, similar to what we see in China with successful businessespeople like Jack Ma? It doesn't seem coincidental that the government is going after the richest folks. I wonder if these targeted campaigns and seizures of assets may become more common as people become richer here

  • @AriVovp
    @AriVovp2 ай бұрын

    Selective clean up effort, you mean

  • @duongglobalbusinessconsulting

    @duongglobalbusinessconsulting

    2 ай бұрын

    Still cleanup, right?

  • @borcan22
    @borcan223 ай бұрын

    who is the president now in Viet???

  • @longch1813
    @longch18132 ай бұрын

    You don't instill any confidence in investing in Vietnam at all.

  • @aaronz0rs
    @aaronz0rs3 ай бұрын

    hes even better than nancy pelosi

  • @Birdylockso
    @Birdylockso3 ай бұрын

    Imagine if all of these indicted criminals lawyered up and refused to cooperate with the investigation, like those in the US. This mess would drag on forever.

  • @harleydavidsonstreet5560
    @harleydavidsonstreet55602 ай бұрын

    hi dude, u cant afford a trip to Japan !!! how does that suit cost u wearing?????

  • @duongglobalbusinessconsulting

    @duongglobalbusinessconsulting

    2 ай бұрын

    They say humor only hits certain people…

  • @tvong81
    @tvong813 ай бұрын

    inveset in viet dong.!

  • @btsdancestudio5691
    @btsdancestudio56913 ай бұрын

    Hi Ken I still have my Alien Green Card From US/Vietnam. I was born in Saigon and left for the USA at age 3.5 10-1979! I have a copy of my Green Card and I am a Nat. USA Citizen! Can I get my Vietnam Dual Citizen legally as a Viet-Kieu?! Thanks!

  • @Cordycep1

    @Cordycep1

    3 ай бұрын

    you can get a VN passport., but not VN citizenship unless someone sponsor you.-, but I hearing the govt is changing the law soon because of the real estate downturn so they want viet kieu to bail them oout. If you dont have birth certificate then you need to contact Ken .

  • @btsdancestudio5691

    @btsdancestudio5691

    3 ай бұрын

    Thank You I call the Vietnam Embassy d the man was very nice and helpful and he said that he would have to look at my Green Card. It clearly states Vietnam as my birth place)@@Cordycep1

  • @VN-BURNER

    @VN-BURNER

    3 ай бұрын

    Email the Vietnamese consulate in US and they walk you through. It's easy since you have your old paperwork.

  • @ccie4101
    @ccie41012 ай бұрын

    Don't worry, Vietnam's #1 billionaire will eventually become a millionaire once his Pump and Dump scheme goes bust :-)

  • @trungpham9763
    @trungpham97633 ай бұрын

    What is your e-mail because I want to buy land next year when I go back. I want to get some information before coming back, like what documents do you need from me

  • @travelswithminky246

    @travelswithminky246

    3 ай бұрын

    foreigners can't own land in s.e. asia.

  • @Birdylockso

    @Birdylockso

    3 ай бұрын

    The email is in the video.

  • @ejissajk
    @ejissajk3 ай бұрын

    Compare to my country this is nothing.

  • @asiabrokersclub
    @asiabrokersclub3 ай бұрын

    Get out.

  • @agatth
    @agatth3 ай бұрын

    Vietnam is like China

  • @yomofo8608
    @yomofo86083 ай бұрын

    If you invest in HOSE, you will get HOSED.

  • @duongglobalbusinessconsulting

    @duongglobalbusinessconsulting

    3 ай бұрын

    That's a good one!

  • @tuyentrinh5648
    @tuyentrinh56483 ай бұрын

    Ken, your law firm has filed bankruptcy ? you often go outside for making youtube, how is your law firm going ? , is it still there ? . Do you make these videos to advertise for your business ? or what else ?

  • @duongglobalbusinessconsulting

    @duongglobalbusinessconsulting

    3 ай бұрын

    You are welcome to visit us. The address is displayed at the beginning of the video. Of course, we make KZread videos to promote our law firm as well as providing valuable information. Now we have answered your interrogations, we will be more than happy to assist you if you have genuine needs or intelligible questions. P.S.: We are not looking for trolls on our channel.

  • @Hopepeace4all

    @Hopepeace4all

    3 ай бұрын

    You seemed to try knocking the men down personally. I think even if he failed his business that doesn't mean he couldn't get up and going again???

  • @user-hjsjdhs23sdf

    @user-hjsjdhs23sdf

    3 ай бұрын

    @@duongglobalbusinessconsulting I think what he meant to say is that legit law firms aren't on KZread advertising to typical Jacks.

  • @lbj4993
    @lbj49933 ай бұрын

    9 minutes in and the monotonous bs and regurgitation of the same same is horrific. Sometimes a speech coach or even a good Bollywood director could do wonders for this channel/guy. Oh my, as is, it's painful to listen to. Cheers 😂

  • @duongglobalbusinessconsulting

    @duongglobalbusinessconsulting

    3 ай бұрын

    We hope nobody is forcing you to watch our videos. It seems like not the best use of time to watch something one does not like. We think that a physical specialist “could do wonders” for the condition you seem to exhibit. Cheers

  • @user-hjsjdhs23sdf

    @user-hjsjdhs23sdf

    3 ай бұрын

    @@duongglobalbusinessconsulting Both the comment and your response are quite funny.

  • @VK-tq4il
    @VK-tq4il3 ай бұрын

    Do you have Vietnamese language website or Vietnamese facebook ?

  • @duongglobalbusinessconsulting

    @duongglobalbusinessconsulting

    3 ай бұрын

    Yes, we do.

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