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	Podcast:		Asia In Focus
	Episode:		Vietnam’s anti-corruption drive: are we at fever pitch?
	Category:		Business
	Duration:		00:23:53
	Publish Date:		2024-05-27 09:37:16
	Description:		Vietnam’s anti-corruption drive, dubbed the “blazing furnace,” started in 2016 but has intensified since 2021, with many senior officials coming under investigation and being asked to leave their positions or forced to step down. Most recently, Vietnamese property tycoon Truong My Lan was sentenced to death for her role in a USD 12.5 billion financial fraud scheme. Investors and government officials are increasingly nervous, holding off on making any decisions that might spark a corruption investigation. However, Steve Wilford, Senior Partner at Control Risks, posits that while the business and political environment might be choppy, there is still a lot of opportunity to be worked with. If you are looking for more analysis across South East Asia, please visit our South East Asia hub here.
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