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Truong My Lan, 67, was found guilty of embezzlement, bribery, and banking regulation violations for orchestrating a massive fraud using hundreds of ghost companies.
A Vietnam court has sentenced real estate tycoon Truong My Lan to death in the country’s largest financial fraud case.
The case has sent the nation's commercial real estate sector into a tailspin.
The 67-year-old chair of real estate company Van Thinh Phat was accused of fraud amounting to $12.5 billion — nearly 3 percent of the country's 2022 GDP.
As we capture and scale up the productive ways in which forest and farm producers in northern Viet Nam are adapting to climate change, IIED and partners call on authorities and organisations that support smallholder producers to match smallholders’ investments and help scale up their solutions