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Politics

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. 

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