Vietnam corruption trial overshadows Petro IPOs
Timing of crackdown raises eyebrows and draws China comparisons
Dinh La Thang is escorted into court in Hanoi on Jan. 8. Thang, a former Politburo member and ex-chairman of PetroVietnam, is accused of mismanagement related to a power plant.
© Vietnam News Agency via AP
HANOI -- A corruption trial is captivating Vietnam and raising investor eyebrows, with the government risking tarnishing the image of state enterprises just as it takes some of them public.
To some, the proceedings are reminiscent of the political tactics in another communist-run country -- China.
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