Economics
Vietnam Signals Leadership Shift as Premier's Prospects Fade
- Reform-minded Dung fails to get party chief nod, report says
- Dung now seeking post on powerful party central committee
Nguyen Phu Trong.
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Vietnam’s exiting prime minister is struggling in his bid to become Communist Party chief, raising doubts about how much the new leadership will advance his efforts to reform bloated state-owned enterprises and open the country to foreign investors.
Party leaders have nominated General Secretary Nguyen Phu Trong to another term, according to state-controlled media, potentially ending the candidacy of Prime Minister Nguyen Tan Dung as the party plots the country’s course for the next five years. Dung has served the maximum two terms allowed and was looking to shift to general secretary, one of the most influential posts in Vietnam.