Thanh Hoa Medical Materials Pharmaceutical Joint Stock Company faced a criminal scandal after a staff member at its Ho Chi Minh City branch was prosecuted and detained for fraud

Share this on: Hanoi, Apr 23 2025 - 08:33 PM

Thanh Hoa Medical Materials Pharmaceutical Joint Stock Company faced a criminal scandal after a staff member at its Ho Chi Minh City branch was prosecuted and detained for fraud. The employee forged contracts with 11 pharmacies, used them to issue 48 fake VAT invoices, and embezzled over VND 1.6 billion worth of medical products. The incident highlighted serious internal control weaknesses within the company.


Thanh Hoa Medical Materials Pharmaceutical Joint Stock Company faced a criminal scandal after a staff member at its Ho Chi Minh City branch was prosecuted and detained for fraud. The employee forged contracts with 11 pharmacies, used them to issue 48 fake VAT invoices, and embezzled over VND 1.6 billion worth of medical products. The incident highlighted serious internal control weaknesses within the company.



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