Throwing More Coals into the “Blazing Furnace”: Anticorruption and FDI in Vietnam
By. Benjamin Wolff DOI. 10.57912/31386898 In April of 2024, a Vietnamese court sentenced real estate tycoon Truong My Lan to death for her part in a $12.5 billion embezzlement scandal, totaling over 2% of the country’s GDP. Despite the gravity of the offense, the National Assembly of Vietnam in June 2025 abolished the death penalty for embezzlement, sparing Mrs. Lan from the death penalty and commuting her sentence to life imprisonment. This high-profile case added to renewed attention...