Tag Archives: Viet business

BP accused of open anti-Viet racism

BP allegedly sent an email telling its contractors in the Gulf oil cleanup not to hire vessels owned by Vietnamese- and Cambodian-Americans, Courthouse News quoted a class action lawsuit filed in New Orleans as claiming The complaint involves BP’s Vessels … Continue reading

Posted in business, Crime & courts, litigation | Tagged , , , , | 5 Comments

Battle brewing over Little Saigon condos

(Photo by Nguoi Viet) The best-known property owner in Little Saigon thought he had his little real estate problem solved, but it may still come back. The battle is still brewing over a condominium project right off of Bolsa, on … Continue reading

Posted in business, political | Tagged , | 20 Comments

First Vietnamese-American Bank seized and sold

After 5 years of struggling without ever turning a profit, Little Saigon-based First Vietnamese-American Bank was put out of its misery after business hours on Friday when the FDIC seized it and sold to L.A.-based Grandpoint, the OC Register reports … Continue reading

Posted in business | Tagged , | 26 Comments

First Vietnamese-American Bank in deep trouble

A community bank in Little Saigon, already on the brinks in its finances, received what’s considered a most serious notice from the FDIC, short of a takeover and shutdown. The “prompt corrective action” notice was served by the FDIC to … Continue reading

Posted in business | Tagged , | 3 Comments

Little Saigon bank being sold to Philippines brothers

One of only two community banks serving Little Saigon is being sold to a family-owned Philippines company, which will become effective upon approval by the FDIC, according to the OC Business Journal here. The buyers are Charles and Michael Lhuillier, … Continue reading

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Little Saigon’s community banks in financial trouble

Both of Little Saigon’s community banks are under financial stress, as a key indicator for both of them exceed the likely-to-fail mark, according to the OC Business Journal here. Both First Vietnamese-American Bank and Saigon National Bank have distressingly high … Continue reading

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Thuy Nga ‘Paris by Night’ to close down

After 27 years as one of the top Viet entertainment companies, Thuy Nga Paris, the producer of the widely popular ‘Paris by Night’ variety show, may be closing down as soon as this summer, said the man who founded the … Continue reading

Posted in art | Tagged , | 58 Comments

‘Nguyen’ building coming to George Mason University

The largest academic building on George Mason University’s Fairfax campus will carry the name “Long and Kimmy Nguyen Engineering Building,” after the businessman and his wife, who donated $5 million to the university, the Washington Business Journal reports here. Dr. … Continue reading

Posted in business, education, successful Viets | Tagged , | 14 Comments