Vietnamese property tycoon Truong My Lan looks on at a court in Ho Chi Minh city on April 11, 2024.
Vietnamese property tycoon Truong My Lan looks on at a court in Ho Chi Minh city on April 11, 2024.
  • Vietnamese real-estate tycoon Truong My Lan was sentenced to death for her role in a $12.5 billion fraud case.
  • Lan's fraud case is part of Communist Party Secretary Nguyen Phu Trong's corruption crackdown.
  • The anti-corruption campaign has impacted Vietnam's economy and investment climate.

A mega-fraud case has rocked Vietnam, shining a spotlight on the emerging economy that is positioning itself as an alternative to China.