Vietnam’s mix of one-party governance and market economics has been held up as a model for North Korean leader Kim Jong-un to emulate. But with rapid economic growth fueling rampant corruption and rising inequality, the Communist Party of Vietnam is now facing the biggest test of its leadership in decades.
HANOI – Five days before US President Donald Trump and North Korean leader Kim Jong-un met in Hanoi for their second summit, two former Vietnamese ministers of communications were arrestedand charged with “violations related to management and use of public capital.” The two officials are alleged to have approved a state-owned telecom company’s purchase of a private television provider for over four times its estimated value, at a loss to the state of around $307 million.
Tiếp tục đọc “Vietnam and the Dilemma of New Wealth – Việt Nam và thách thức từ giới nhà giàu mới nổi” →
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HANOI – Five days before US President Donald Trump and North Korean leader Kim Jong-un met in Hanoi for their second summit, two former Vietnamese ministers of communications were arrestedand charged with “violations related to management and use of public capital.” The two officials are alleged to have approved a state-owned telecom company’s purchase of a private television provider for over four times its estimated value, at a loss to the state of around $307 million.
Tiếp tục đọc “Vietnam and the Dilemma of New Wealth – Việt Nam và thách thức từ giới nhà giàu mới nổi” →