Nhat Cuong Mobile is the brand of Nhat Cuong Trading and Technical Services Ltd. Co. which started trading in 2001 with nine retail shops in Hanoi, a guarantee centre in the northern region and an enterprise resource planning centre in the south.

Bui Quang Huy is the legal representative of Nhat Cuong Mobile

The arrest followed a recent police raid on Nhat Cuong Mobile’s shops in Hanoi, seizing documents and thousands of mobile phones, iPads and electronic accessories.

According to initial police information, Bui Quang Huy and eight other people were involved in trans-national smuggling activities. They have also been accused of seriously violating accounting regulations. However, no further information has been disclosed.

Police raided Nhat Cuong Mobile's shop on Ly Quoc Su Street

Huy and his accomplices have been detained.

Nhat Cuong has registered capital of VND38 billion (USD1.65 million), and employs 380 staff. Bui Quang Huy holds 90% of the firm.