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Inside the Vạn Thịnh Phát Scandal: Trương Mỹ Lan's Rise and Fall

Summary by thevietnamese.org
Hiếu Mạnh wrote this Vietnamese article, published in Luat Khoa Magazine on March 12, 2025. Jason Nguyen translated it into English for The Vietnamese Magazine.In October 2022, Vietnam’s banking industry was shaken by an event that sent shockwaves through the country’s financial sector.Starting from Oct. 6, 2022, clients of the Saigon Joint Stock Commercial Bank (SCB) rushed to its branches in a frantic attempt to withdraw money. Chaos, disorder…
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Inside the Vạn Thịnh Phát Scandal: Trương Mỹ Lan's Rise and Fall

Hiếu Mạnh wrote this Vietnamese article, published in Luat Khoa Magazine on March 12, 2025. Jason Nguyen translated it into English for The Vietnamese Magazine.In October 2022, Vietnam’s banking industry was shaken by an event that sent shockwaves through the country’s financial sector.Starting from Oct. 6, 2022, clients of the Saigon Joint Stock Commercial Bank (SCB) rushed to its branches in a frantic attempt to withdraw money. Chaos, disorder…

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thevietnamese.org broke the news in on Tuesday, April 1, 2025.
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