Below is the last paragraph of the article which suggests...

Below is the last paragraph of the article which suggests foreign investors are "jittery" and Vietnam's economic outlook is being dampened. A direct effect on BSX of the situation surrounding the Vietnamese ant-corruption drive was shown by the arrests of various players in the rare earths industry including the Chairman of our potential partner VTRE and the postponement (or perhaps cancellation given there is no further discussion) of the auction of rare earths concessions in the country.


Vietnamese real estate tycoon sentenced to death in country's largest fraud case


"Why is the case significant? Lan's arrest in October 2022 is among the highest profile in an ongoing anti-corruption drive in Vietnam that has ramped up since 2022. Weeks after her trial started in early March, former president Vo Van Thuong resigned after being implicated in the graft crackdown "Blazing Furnace" campaign that has been the hallmark of Communist Party general secretary Nguyen Phu Trong, the country's most powerful politician. Eighty-four others were tried alongside Lan and received sentences ranging from probation for three years to life imprisonment, according to state media. While Lan's arrest and the scale of the scam shocked the nation, the case also raised questions about whether other banks or businesses had similarly erred, dampening Vietnam's economic outlook and making foreign investors jittery. This is happening as Vietnam tries to argue its case for being the ideal home for businesses trying to move away from neighbouring China."

https://www.abc.net.au/news/2024-04-11/vietnamese-real-estate-tycoon-truong-my-lan-death-sentence/103698222