Get the latest crypto news, updates, and reports by subscribing to our free newsletter.
Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
© 2026 Index.vn
The Vietnamese pig farming industry is supported by a large, steady demand base, but it remains highly volatile due to price cycles and disease risks. As smallholder farming shrinks and large enterprises play a bigger role, companies with stronger control over the value chain are better positioned to manage costs…
Former CEO Vu Minh Chau has confessed to directing his son and the company’s accounting staff to use separate software systems to manage actual business activity and to file taxes, according to Hanoi Police. The case centers on how revenue and transactions were recorded and reported to tax authorities.
Before 2024, Vu Minh Chau and his son Vu Minh Tu, head of Independent Advisory, instructed accounting staff to use the Hivi Gold, Hivi Gold Pro and Excel systems to manage and report real business activity. For tax filing, they used Misa.
From late 2024 to the present, Chau directed Tu and other staff to delete data on Hivi Gold and Hivi Gold Pro and switch to using Excel together with Fox AI to manage and monitor purchases and sales. The accounting department filtered, checked, and consolidated the data before uploading it to the Misa tax software.
Investigators estimate that the company’s actual revenue from 2020 to 2023 was about 13.7 trillion dong, which is approximately 9.7 trillion dong higher than the revenue figures reported in tax filings.
During searches of residences, workplaces, and locations used by the company and related individuals, authorities seized 23.3 billion dong in cash, seven red property ownership books, numerous documents and items, and a large quantity of gold and silver metals.
On April 2, Hanoi Police prosecuted Chau, Tu, and two accounting staff for violating accounting rules causing serious consequences. The investigation is ongoing to clarify related violations.
Officials said Bao Tin Minh Chau remains operating normally to protect customers. They also noted that gold sales to customers are civil transactions; if buyers do not receive gold and file complaints, authorities will continue investigations. The origin of the gold remains under investigation.
Reporting compiled from Duy Anh and Phu Nu Moi.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
