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The Spoils of Capitalism
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In many countries, the publication of lists of ultra-rich citizens is an annual business ritual that stirs few emotions beyond pride and envy (depending on whether you made it onto the list or not). But in Vietnam, a communist country in the midst of a capitalist makeover, personal wealth remains a touchy subject. After online news site VNExpress recently produced the country's first-ever ranking of the 100 Richest People in Vietnam, several moguls complained. "I wish they would have asked us before publishing," groused Nguyen Duy Hung, CEO of a Ho Chi Minh City brokerage firm who was ranked the country's...