VIETNAM TRIES TO CLEAN ITS BUSINESSES OF COMMERCIAL CRIME – BUT HOW DEEP IS THE ROT?

BY HELEN CLARK, IN HANOI Investors often hold their noses about corruption in emerging markets. But countries such as Vietnam attract even more investment if they were cleaner. Helen Clark reports from Hanoi. VIETNAM in the past 12 months appears to have embarked on a house-cleaning exercise, with police arresting a series of executives for a range of financial offences. In August, billionaire banking magnate, Hanoi football team owner and Rolls Royce aficionado Nguyen Duc Kien was arrested for undisclosed financial crimes. The founder of the Asia Commercial ...


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