HANOI (ANN/VIET NAM NEWS) – Civil judgment enforcement agencies have recovered nearly VND9.8 trillion (USD380 million) from criminal cases involving corruption and economic misconduct in the past six months, the Ministry of Justice announced.
Overall, the agencies concluded more than 255,000 cases worth approximately VND58 trillion (USD2.2 billion), up 21 per cent compared to the same period in 2024.
The Ministry acknowledged that civil enforcement has encountered growing difficulties, including organisational restructuring, a rise in both the number and value of enforcement cases and complications arising from the dissolution or merger of partner agencies.
Numerous cases involve unusually large monetary values and thousands of stakeholders.
Despite these obstacles, enforcement authorities have implemented flexible measures to uphold stability and guarantee advancement, with the value of recovered assets and the enforcement rate seeing positive gains.
The General Department of Civil Judgment Enforcement has sought cooperation from Đà Nẵng City’s municipal government to handle assets related to the Chi Lăng Stadium case (involving Phạm Công Danh), while also issuing guidance for major cases monitored by the Central Steering Committee.
The Ministry underscored the unprecedented complexity of the Vạn Thịnh Phát case, which involves former chairwoman Trương Mỹ Lan and more than 43,000 bondholders, as ruled by the HCM City People’s Court on October 17, 2024.
In preparation for enforcement, the General Department and the HCM City’s Civil Judgment Enforcement Department have conducted multiple inter-agency meetings and submitted proposals for the Prime Minister to establish a special task force.
To facilitate restitution for the countless victims, enforcement authorities have collaborated with Tân Việt Securities, the bond registration and depository agent, to gather personal and banking information from bondholders.
To date, over 34,000 bondholders have submitted requests to provide their information.
