Particle.news
Download on the App Store

Vietnam Party Seen Backing To Lam to Stay Leader as Congress Nears

A closed‑door plenum set a candidate slate to be formalized at next month’s congress.

Overview

  • Senior officials concluded a two‑day plenum in Hanoi that finalized nominees for top posts, but no names were announced in keeping with party practice.
  • Two briefed sources told AFP the party endorsed To Lam to remain general secretary, with one saying he will also be nominated for the presidency, a move SCMP says would still face congress and parliamentary approval.
  • Formal leadership selections and policy outlines are scheduled for the five‑yearly party congress from January 19 to 25.
  • Lam has driven sweeping changes, cutting ministries and agencies from 30 to 22 and prompting roughly 147,000 redundancies while accelerating infrastructure plans and expanding police influence in policymaking and business.
  • Investors are betting on continuity, with Vietnam’s stock market rising on speculation that Lam’s position is secure, even as analysts note internal jockeying between security‑aligned and military‑linked factions.