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Economy / Vietnam

Congress Eyes Faster Reform, New Blood

April 2006 | Market Strategy

The Communist Party of Vietnam (CPV) concluded its eight-day 10th National Congress yesterday with pledges of faster economic reform and a fight against corruption. CPV General Secretary Nong Duc Manh was re-elected to the post, boding well for continuity of reform. The Congress also elected a new 160-member Central Committee, a 14-member Politburo, an eight-member Secretariat, and a 14-member Inspectorate, with many younger officials joining the ranks of these bodies. A gradual generational shift is taking place, which will bring in new blood to the CPV and prepare the ground for further liberalisation.

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