"Vietnam's Largest Financial Scam: Trial Begins for Property Tycoon Accused of $16 Billion Fraud"

The trial for Vietnam's largest financial fraud case begins, with nearly 90 defendants accused of a $12 billion scam, including the chairwoman of real estate developer Van Thinh Phat Holdings Group, who is accused of siphoning off billions from the country's largest bank. The trial is part of a wider anti-corruption campaign in Vietnam, with the leader of the ruling Communist Party pledging to stamp out corruption. Despite the campaign, corruption remains widespread in the country, as highlighted by a recent report.