The Vinashin case actually is not only a tough economic lesson in terms of possible losses of money but also a tougher lesson for the Vietnam government in terms of their possible losses of credit to and trust by foreign investors whose investments have helped the country’s economy over the last
two decades. This credit loss is more serious when the country is in economic crisis with high inflation, currency devaluation and lack of capital for infrastructure improvement (Hookway, 2011; Bland, 2011). And a much bigger loss, which is just slightly mentioned in Vietnamese media, is that of the people’s trust in the government economic management in particular and its political legitimacy in general (Reform and Development, 2010).