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The Vietnam ETF (VNM -6.3%) plunges as fallout continues following the arrest of banking...
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Thursday, August 23, 2012, 4:49 PM ETThe Vietnam ETF (VNM -6.3%) plunges as fallout continues following the arrest of banking executive Nguyen Duc Kien. Reuters reports there was a run on the bank he founded - Asia Commercial Bank - prompting the central bank to issue a rare assurance that depositor funds were safe. Whether that calms things or really creates a panic remains to be seen.
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