Vietnamese President To Lam has taken over as the new leader, pledging to continue the anti-corruption campaign started by his predecessor. He aims to consolidate power through this campaign, despite concerns about its impact on the economy and government functioning.
Key Points
To Lam's pledge to fight corruption leaves the executive branch weakened
High-level officials removed due to corruption allegations
Concerns in the business community over key figures being removed
Lam's pragmatic approach aims to use 'rule by law' principle for governance
Legal reform planned for judiciary and law enforcement branches
Vietnam's socialist path and challenges in balancing market economy and state control
Focus on safeguarding strategic autonomy and balancing relations with U.S. and China
Pros
Continued anti-corruption efforts to stamp out corruption in Vietnam
Potential for increased confidence in pursuing national interests and navigating U.S.-China rivalry
Cons
Economic concerns due to mass dismissals and weakening of the executive branch
Speculation about government paralysis and decision-making challenges