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Vietnam ends dying penalty for 8 crimes, might spare actual property tycoon imprisoned in nation’s largest monetary fraud case



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Vietnam has lifted the dying penalty for eight crimes in authorized reforms that will spare the lifetime of an actual property tycoon imprisoned within the nation’s largest monetary fraud case.

The authorized reforms in Vietnam ended the dying penalty for eight crimes, together with attempting to overthrow the federal government, damaging state infrastructure, making and promoting pretend drugs, beginning wars, spying, drug trafficking, embezzlement, and taking bribes.

Vietnamese lawmakers handed the reforms on Wednesday, in accordance with state media.

Vietnamese actual property tycoon Truong My Lan attends a trial in Ho Chi Minh Metropolis on April 11, 2024. AP

Truong My Lan, sentenced to dying for her involvement in Vietnam’s largest monetary fraud case, will likely be eligible to have her sentence lowered after the reforms, her lawyer mentioned Thursday.

The 67-year-old chair of the true property firm Van Thinh Phat who was dealing with execution for her involvement in fraud amounting to $12.5 billion — almost 3% of the nation’s 2022 GDP — will now be “eligible for the exemption for the dying penalty” in accordance with the brand new guidelines, her lawyer Phan Minh Hoang instructed The Related Press.

“We’re nonetheless ready for the official directions of implementing the regulation modification for subsequent steps in her case,” Hoang mentioned.

The brand new guidelines additionally say that anybody already sentenced to dying for these crimes however not but executed by July 1 may have their sentence modified to life in jail after a closing choice by Vietnam’s highest court docket.

After the authorized modifications, the utmost punishment for Lan’s crimes will likely be life imprisonment with out parole. Hoang mentioned that they had been persevering with to work on repaying the damages to get her sentence additional lowered.

Vietnam’s Prime Minister Pham Minh Chinh talks to attendees after attending a session in the course of the World Financial Discussion board Annual Assembly of the New Champions in Tianjin on June 25, 2025. AFP by way of Getty Photographs
Truong My Lan seems to be on in court docket throughout a listening to on March 25, 2025. AFP by way of Getty Photographs

The regulation change will seemingly influence different ongoing trials such because the one which began earlier this week involving the true property and infrastructure growth firm Phuc Son Group, whose chairman Nguyen Van Hau is accused of paying over $5 million in bribes to win contracts for main infrastructure initiatives throughout three provinces.

Following the change, Vietnam now has the dying penalty for 10 crimes like homicide, sexual abuse of youngsters, treason and terrorism.