Ministry warns of fraud in Hong Kong

The trade ministry has asked local businesses to exercise extreme caution when trading with Hong Kong partners after two businesses reported being defrauded there.

Vietnam’s Ministry of Industry and Trade office in Hong Kong said a Carling (Hong Kong) Limited had “vanished” after it received deposits for 1,000 tons of meat powder from the two Vietnamese businesses.

The businesses said they did not receive any shipments from

Carling, nor could they contact anyone from the company, the ministry said in a statement.

It did not mention the value of the deals and the deposits.

Carling was licensed by Hong Kong authorities in 2004 to director Pierre William Boyomo Giuntang, a Cameroonian national, and his codirector Thomas Tsang Ka Kau, a Hong Kong citizen, according to the office.

The ministry has asked Hong Kong authorities to investigate the alleged fraud.

Vietnamese businesses should consult the ministry’s office before they trade with partners in the territory, according to Vietnamese trade authorities.

Vinh Son

thanhnien

>   Rice-growing region seeks higher profile (24/08/2009)

>   Vietnam Airlines trades in old planes (24/08/2009)

>   German wind turbine company to build plant in Vietnam (24/08/2009)

>   Vietnam to lower morning peak-hour power costs by 20 pct (24/08/2009)

>   Fisheries sector records rapid but unstable growth (24/08/2009)

>   Transparent power price policy needed to attract FDI: Officials (24/08/2009)

>   Concern at corporation spending (24/08/2009)

>   Food security plan to guard against menaces (24/08/2009)

>   The triumphs and pitfalls of decentralisation (24/08/2009)

>   Second stimulus package is needed (24/08/2009)