Summary
Vietnam's Communist Party General Secretary To Lam has been reappointed to lead the country for the next five years. To Lam aims to focus on economic reform and growth, aiming to make the private sector a key part of Vietnam's economy.
Key Facts
- To Lam is the Communist Party General Secretary and will lead Vietnam for another five years.
- The recent party congress ended early, indicating strong support or limited opposition to To Lam.
- To Lam has focused on economic reforms, including reducing bureaucracy and cutting the number of provinces.
- He aims to double the number of private businesses by 2030.
- By 2045, Vietnam's goal is to become an upper-income, technology-based economy.
- The party now views the private sector as important as state-run companies.
- To Lam plans to support large private companies to compete globally.