Vietnam Real-Estate Tycoon Given Death Penalty, Embezzled 3% of GDP

A Vietnamese real estate tycoon was sentenced to death on Thursday by a Ho Chi Minh City court over her role in a multibillion-dollar financial fraud case.Truong My Lan, the chairwoman of real estate developer Van Thinh Phat Group, was arrested in 2022.The fraud trial, which began on March 5, was Vietnam’s largest ever, and among Southeast Asia’s most significant corruption scandals. Lan was…