"I am heartbroken and lost of words now," Yei told Reuters after the ruling.VietinBank, formally Vietnam Joint Stock Commercial Bank for Industry and Trade, did not respond to an emailed request for comment. In Vietnam, interpretation of liability law becomes more open when the perpetrator goes beyond their responsibility, a lawyer said. "Different understandings lead to different decisions," said Nguyen Thanh Ha, chairman of Hanoi-based SBLAW, ahead of the ruling. "Vietnam doesn't have case laws for such cases so it depends completely on the mind of the jury. "Credit-ratings firm Fitch earlier this month upgraded its Long-Term Issuer Default Rating of VietinBank to B+ from BB-, along with two other state-owned Vietnamese banks.

Source: The Star May 30, 2018 04:49 UTC