Vietnam to extend anti-graft drive as police reveal real estate fraud worth 3% of GDP

Viet

HANOI: Vietnam's top leader vowed to extend "for the long-term" an anti-corruption campaign that has had a chilling effect on the economy, after police revealed financial scandals in the real estate sector worth more than 3% of gross domestic product.

The campaign against graft has been under way since 2016, but gained momentum last year after authorities in the Communist-ruled country cracked down on several high-profile frauds and corruption cases involving top corporate executives and high-ranking state officials.