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Beverage tycoon Tran Qui Thanh receives 8-year prison sentence for $41M fraud

Beverage tycoon Tran Qui Thanh receives 8-year prison sentence for $41M fraud

Tran Qui Thanh, 71, chairman of leading beverage manufacturer Tan Hiep Phat, has been sentenced to eight years in prison for "abuse of trust to appropriate assets" in a $41.2 million fraud.
Prosecutors propose 10-year prison sentence for beverage tycoon Tran Qui Thanh in $41M fraud case

Prosecutors propose 10-year prison sentence for beverage tycoon Tran Qui Thanh in $41M fraud case

Prosecutors recommended a 9-10 year prison term for Tran Qui Thanh, chairman of leading beverage manufacturer Tan Hiep Phat, given his mitigating factors, for charges of “abuse of trust to appropriate assets.”
April 24, 2024 | 03:16 am PT
'I will accept any judgment,' beverage tycoon Tran Qui Thanh says at $41M fraud trial

'I will accept any judgment,' beverage tycoon Tran Qui Thanh says at $41M fraud trial

Tran Qui Thanh, chairman of leading beverage company Tan Hiep Phat, has changed his testimony and pleaded guilty at his trial, saying he would unquestioningly accept the court’s verdict.
April 23, 2024 | 06:13 pm PT
Beverage tycoon Tran Qui Thanh appears with grey hair following a year in custody

Beverage tycoon Tran Qui Thanh appears with grey hair following a year in custody

Tran Qui Thanh, chairman of leading beverage manufacturer Tan Hiep Phat, and his daughter Tran Uyen Phuong showed up at the ongoing trial visibly languished after a year of detainment on accusations of "abuse of trust to appropriate assets."
April 23, 2024 | 06:05 pm PT
Beverage tycoon Tran Qui Thanh, daughters on trial for alleged $41M fraud

Beverage tycoon Tran Qui Thanh, daughters on trial for alleged $41M fraud

Tran Qui Thanh, chairman of leading beverage manufacturer Tan Hiep Phat, and his two daughters are standing trial Tuesday for “abuse of trust to appropriate assets.”
April 22, 2024 | 05:44 pm PT
Owner of Vietnam’s largest beverage company Tan Hiep Phat, daughters to stand trial for $42M fraud

Owner of Vietnam’s largest beverage company Tan Hiep Phat, daughters to stand trial for $42M fraud

Tran Qui Thanh, the former chairman of Vietnam's leading beverage manufacturer Tan Hiep Phat, along with his two daughters, is slated for trial next month over allegations of engaging in a VND1.048 trillion ($41.92 million) fraud.
March 26, 2024 | 01:50 am PT
Daughter of Tan Hiep Phat chairman led dream life before arrest

Daughter of Tan Hiep Phat chairman led dream life before arrest

Tran Uyen Phuong, first daughter of Tran Qui Thanh, chairman of Vietnam’s largest beverage producer Tan Hiep Phat (THP), used to be referred as the powerful lady tycoon.
April 12, 2023 | 06:51 am PT
Prioritizing workers' well-being a sound business strategy in Covid-19 times

Prioritizing workers' well-being a sound business strategy in Covid-19 times

Beverage maker Tan Hiep Phat decided employment and employee protection would be prioritized over business strategy and it’s worked, says Deputy CEO Tran Uyen Phuong.
May 11, 2020 | 06:20 pm PT
Generation gap communication a concern for family concerns

Generation gap communication a concern for family concerns

The art of listening, professionalism and proving oneself are key factors that both founders and inheritors need to adopt in large family businesses.
November 26, 2019 | 08:30 pm PT
'Competing with Giants' seeks to inspire, advance

'Competing with Giants' seeks to inspire, advance

The interest that faculty and Harvard classmates showed in the story of her family-run business prompted the book, says Vietnamese entrepreneur.
October 23, 2018 | 06:00 pm PT
'Competing with Giants' a Vietnamese David vs Goliath story

'Competing with Giants' a Vietnamese David vs Goliath story

A book on Vietnamese firm Tan Hiep Phat has been praised as important material reflecting Vietnamese business culture.
September 24, 2018 | 02:30 am PT
 
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