Vietnam’s Political Crisis Blocks Needed Reforms

Vietnam’s Political Crisis Blocks Needed Reforms

Vietnam’s prime minister, Nguyen Tan Dung, recently survived a confidence vote in the National Assembly as well as severe pressure at the most recent party plenum. As prime minister of a country ostensibly ruled by the Vietnamese Communist Party (VCP), he is theoretically subordinate to the Politburo, yet his personal political power has allowed him to continue in office. Due to the resulting political paralysis, however, policy across the board is in limbo. Foreign governments and businesses used to be able to expect that decisions backed by the Politburo of the VCP were enforceable. This is no longer the case. […]

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