Vingroup reported and sued 68 organizations and individuals.
On September 8, Vingroup Corporation filed a civil lawsuit, reported to the authorities and sent documents to embassies regarding 68 domestic and foreign organizations and individuals posting false information about the corporation on the Internet.
68 organizations and individuals were sued and reported to be account holders of information pages and personal pages that distorted and provided false information about Vingroup; fabricated information about the group's Chairman - Mr. Pham Nhat Vuong and a number of other senior leaders of the group on social networking platforms such as TikTok, Facebook, YouTube...
False information includes:
Misinformation about Vingroup's financial situation: Social media accounts reported that the group was about to go bankrupt due to a debt of VND800,000 billion. In fact, according to Vingroup's consolidated financial report publicly posted on the group's website, the total debt was about VND283,000 billion, and the debt-to-equity ratio was only about 1.8 times. This is a normal index for businesses according to international and Vietnamese practices.
The remaining “payables” are mostly prepaid revenue from customers/partners and other payables and receivables arising from normal business operations like any other business, and are completely consistent with the scale of the corporation.
Defaming the quality and distorting the origin of Vingroup products, such as social media accounts labeling cars and electric motorbikes produced by VinFast as Chinese goods "disguised" as Vietnamese goods. In fact, VinFast has mastered the production chain from research, design to product manufacturing. Most of the stages are carried out in Vietnam with a localization rate of 60% at present, aiming to increase to 80% in the future.
Fabricating information about the group's leaders, especially Chairman Pham Nhat Vuong, as well as false information about Vingroup employees submitting mass resignations.
Distorting legal issues regarding Vingroup products; fabricating political issues and State policies to mislead public opinion, implying that they are related to the corporation.
The above acts violated the provisions of the 2018 Law on Cyber Security and the 2015 Penal Code and the civil rights of related organizations and individuals.
“We are living in a civilized and law-abiding society, we cannot just bow our heads and stay silent while some people arbitrarily violate the law, fabricate, distort, mislead public opinion, and lower the reputation and dignity of any organization or individual they want for illegal motives. Therefore, we file a lawsuit and report to the authorities not only to protect the interests of Vingroup but also to fight for the truth, for a better life" - Mr. Nguyen Viet Quang - Vice Chairman and General Director of Vingroup Corporation affirmed.
Currently, Vingroup has collected full information and made records of the violations committed by the above 68 subjects as authentic evidence, and at the same time initiated a civil lawsuit or reported to the competent authority.
Vingroup also sent notices to foreign embassies in Vietnam and Vietnamese embassies in countries where citizens who own the violating accounts are residing to protect the legitimate interests of the business.
