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Heavy traffic in Hanoi: Vietnam's infrastructure development plans hinge on public offerings of state-owned enterprises. (Photo by Takaki Kashiwabara)
Asia Insight

Vietnam's most powerful man strives to put stamp on economy

Party chief Trong is vanquishing political foes; can he tackle vested interests?

ATSUSHI TOMIYAMA, Nikkei staff writer | Vietnam

HANOI -- Nguyen Phu Trong, the head of Vietnam's ruling Communist Party, appears to be borrowing from Chinese President Xi Jinping's playbook. Like Xi, Trong is using an aggressive anti-corruption campaign to attack political foes and push his policy agenda.

One high-profile target is Dinh La Thang, once a member of the all-powerful Politburo and a former chairman of PetroVietnam, one of the biggest state-owned enterprises. Thang, who was sentenced to 13 years in prison for "economic mismanagement" in January, is now facing additional criminal charges over alleged mismanagement of the oil giant in a trial that began on March 19.

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