Opinion | Vietnam’s Corruption, Poor Economic Management Will Hinder Its Growth — as Truong My Lan Scandal Shows

The State Bank of Vietnam – the Central Bank – Arranged for the Three Banks to Be Merged into Scb. but There Were No Legal Consequences for Lan, Probably Due to Her Political Connections. So It’s Little Surprise That 12 Year's Later, the Same Bank, Owned by the Same Person, Repeated the Fraud, Just at a Much Larger Scale.