A 54-year-old Russian man allegedly committed suicide at a hotel in Nha Trang after suffering losses in his local restaurant business.
Passers-by detected his naked body hanging on a third floor balcony at the hotel early Sunday and reported to the police.
The man was identified as Nikolay Gusshin.
The police said he had been staying at the hotel since November and running a breakfast eatery in town.
Locals said they had seen the man sitting in front of the hotel several days earlier looking dejected.
The police are investigating.
Local authorities have reported to the Ministry of Foreign Affairs and the Russian consulate in Ho Chi Minh City to complete formalities to repatriate his body.