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On April 17, 2026, the Tay Ninh Department of Finance ordered an immediate suspension of all transactions related to Khang Thong Group and its subsidiary, following a request from the Police Investigation Agency of the Ministry of Public Security to support ongoing investigations. The decision applies across financial transactions and civil procedures involving the two entities, including cooperation in investments, acquisitions, transfers, gifts, pledges, or any changes to assets. Asset types subject to the suspension include shares, real estate, and other assets valued at 100 million VND or more owned by the aforementioned legal entities and individuals. In addition to halting civil transactions, the Department will suspend investment registration and business registration procedures relating to the two entities. The enforcement measure will remain in effect until a new directive changes the measure in accordance with the Criminal Procedure Code. The move aims to accelerate civil enforcement and resolve backlogs tied to directives from provincial and central authorities. Khang Thong Group's investment and development arm and its subsidiary Phu An Infrastructure Development and Investment have been prominent investors in the southern region.
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