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Vietnam's anti-graft campaign casts shadow over economy

High-profile detention triggers bank run at Saigon Joint Stock Commercial Bank

Customers crowd a branch of Saigon Joint Stock Commercial Bank in Hanoi on Oct. 8. (Photo by Tomoya Onishi)

HANOI -- Vietnam has detained some of its most prominent business leaders in a monthslong anti-corruption crackdown, stoking confusion across industry lines and threatening Southeast Asia's fastest growing economy.

One of the latest arrests sparked a run on the privately held Saigon Joint Stock Commercial Bank (SCB). On Oct. 8, customers flooded SCB branches demanding to withdraw savings, as rumors spread on social media that the bank may be in trouble.

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