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Director faces VND50m penalty

Update: February, 24/2012 - 09:56

TRA VINH — The Tra Vinh branch of the State Bank of Viet Nam (SBV) decided on February 9 to impose a fine of VND50 million on Duong My Ha, director of Nam Sanh One Member Co Ltd.

Ha was charged with illegally trading US$100 and would be expected to hand over that amount to the authorities in addition to her fine.

Earlier, the SBV imposed stiff penalties on many enterprises for violating regulations on US dollar trading and illegally listing foreign currency prices.

The highest fine reached VND500 million ($23,810).- VNS

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