South Koreans, who make up Vietnam's largest group of international visitors, mostly spend their money on luxury accommodation and high-end shopping in the country, industry insiders said.
A Vietnamese real estate tycoon was convicted Thursday of fraudulently obtaining property worth billions of dollars in a case that has been a centerpiece of the government’s crackdown on corruption.
A court in Vietnam on Thursday handed a life sentence to real estate tycoon Truong My Lan on financial fraud charges, after she was sentenced to death in April in a separate trial.