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

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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[@vdang2402]

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

[@VN-BURNER]

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

[@peaceleader7315]

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

[@fakennguyen7436]

This is why some folks are still poor.

[@howiewynn8248]

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

[@Meowmeow.age.6]

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

[@VN-BURNER]

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

[@Discovery123.]

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

[@dinhscot]

VC meaning Viet Commie?

[@infinitibottle]

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.

[@user-eb7ee8su3o]

Great video, Very exciting

[@esthersmith765]

Thanks for the update.

[@CommonSenses101]

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

[@boydr7160]

Thank you for your Vietnam news,

[@rb368370]

Thanks Ken, again.

[@alvinkwek1929]

Good n honest report

[@Khanh2khanh]

Corruption is rampant in Việt Nam.

[@4985muhammadali]

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

[@jasonking6892]

Interesting 👍🏴󠁧󠁢󠁥󠁮󠁧󠁿

[@damienkim7904]

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

[@qht171]

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.

[@benyee9282]

Happy to catch up sometime in Saigon

[@tonydang1697]

You rock!

[@user-sr7ie9qq6o]

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

[@LegalAutomation]

Love this channel

[@duongglobalbusinessconsulting]

Thanks for your support!

[@mingchen1914]

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

[@cinnamonbay]

Welcome to Japan, bro!

[@jackeyliu8852]

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

[@sebastianniqvist3144]

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]

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]

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]

Great report

[@fidget2020]

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

[@sebastianniqvist3144]

@@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.

[@kjb-dn5nk]

Let's get my bro to Japan!

[@qn5947]

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.

[@NoBullshitU]

they don't even let foreign entities own ground properties/land but let frauds/scammers do

[@TrappedQue]

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

[@albertadomako3244]

Never disappoints...another great video 🫡

[@duongglobalbusinessconsulting]

Thanks for your support.

[@donkeykong516]

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

[@btsdancestudio5691]

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]

Thanks for sharing that example.

[@btsdancestudio5691]

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

[@duongglobalbusinessconsulting]

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

[@kealee6350]

Any high ranking public figure get caught for corruption??

[@ChatGPT-xm7xs]

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!

[@dukebbb6539]

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

[@user-hjsjdhs23sdf]

Very true.

[@louiskats5116]

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 🇦🇺 🇻🇳

[@Meowmeow.age.6]

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.

[@boopfer387]

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

[@duongglobalbusinessconsulting]

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.

[@claudecahen6780]

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

[@trinnienguyoxbridgesalenre5012]

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]

Thanks for watching our channel. You can send us an email to [e-mail]

[@turningpointaustralia9531]

Great Information, keep up the good work brother

[@duongglobalbusinessconsulting]

Thanks, will do!

[@turningpointaustralia9531]

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

[@rogerdo1]

Good to see the government taking actions

[@Tideo123]

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

[@Just_Lanze]

No thank VM !

[@Lily_Znd]

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

[@duongglobalbusinessconsulting]

Please send us an email.

[@gipfeli]

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

[@duongglobalbusinessconsulting]

We appreciate your kind words and support.

[@josephbettencourt7387]

😢

[@tancmwilliam]

Your voice audio is quite soft for this video .

[@AriVovp]

Selective clean up effort, you mean

[@duongglobalbusinessconsulting]

Still cleanup, right?

[@coastcity7029]

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

[@teslapower5461]

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]

???

[@vdang2402]

@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.

[@chrisgiles1694]

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

[@duongglobalbusinessconsulting]

Not true at all.

[@Birdylockso]

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.

[@fakennguyen7436]

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.

[@123vi50]

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]

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.

[@borcan22]

who is the president now in Viet???

[@mrbHanoi]

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.

[@elto888]

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

[@aaronz0rs]

hes even better than nancy pelosi

[@UncleHoCM]

👍

[@longch1813]

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

[@tvong81]

inveset in viet dong.!

[@btsdancestudio5691]

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]

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]

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]

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

[@harleydavidsonstreet5560]

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

[@duongglobalbusinessconsulting]

They say humor only hits certain people…

[@ejissajk]

Compare to my country this is nothing.

[@ccie4101]

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

[@trungpham9763]

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]

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

[@Birdylockso]

The email is in the video.

[@agatth]

Vietnam is like China

[@asiabrokersclub]

Get out.

[@yomofo8608]

If you invest in HOSE, you will get HOSED.

[@duongglobalbusinessconsulting]

That's a good one!

[@tuyentrinh5648]

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]

You are welcome to visit us. The address is displayed at the beginning of the video. Of course, we make KZbin 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]

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]

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

[@lbj4993]

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]

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]

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

[@VK-tq4il]

Do you have Vietnamese language website or Vietnamese facebook ?

[@duongglobalbusinessconsulting]

Yes, we do.