Vietnam's New Leadership to Continue Economic Reforms for Growth
- New leaders to continue overhauling state sector and banks
- Policymakers seek new development model that's sustainable
A display advertising the 12th National Congress of the Communist Party of Vietnam stands in Hanoi.
Photographer: Maike Elan/BloombergThis article is for subscribers only.
Vietnam wants to reassure investors that new leaders chosen last week by Communist officials at its party congress will press ahead with economic reforms as policy makers aim to boost growth to the fastest pace in nine years.
Policy makers will continue “refining and modernizing the financial and banking sector," further privatize state-owned companies and upgrade its infrastructure, said Deputy Foreign Minister Le Hoai Trung, who was re-elected last week to the powerful central committee of top 200 Communist officials who will oversee the party’s affairs.