The Fall of Vietnam's Real Estate Queen: Trương Mỹ Lan and Her $12 Billion Collapse

In an astonishing sequence of events highlighting the vulnerabilities in Vietnam's booming real estate sector, Trương Mỹ Lan, once hailed as a powerhouse in the industry, has seen her empire unravel, leading to a staggering loss estimated at $12 billion. This development reflects broader tensions within the nation’s economy, marked by a slowdown in real estate investment and increasing regulatory scrutiny.

Continue reading