Vietnam re-elects prime minister
Lawmakers overwhelmingly re-elected Prime Minister Nguyen Tan Dung on Wednesday, according to The Associated Press. Dung, the only candidate, received nearly 97 percent of the votes from the 493 legislators, who were elected in May.
In June 2006, Dung, 57, became Vietnam’s youngest prime minister since the country’s reunification at the end of the Vietnam War. He has a record of fostering economic growth and pushing for privatization of some state-owned enterprises.
Vietnam’s economy has grown an average of 7.5 percent per year in the past decade, and the government wants the communist country to be an industrialized nation by 2020.
Jonathan Pincus, chief economist of the United Nations Development Program in Hanoi, said that Vietnam faces huge challenges, including the implementation of laws and removing obstacles for private business, but foreign businesses “have confidence in [Dung] and his leadership.”
For the full article, click here.
In June 2006, Dung, 57, became Vietnam’s youngest prime minister since the country’s reunification at the end of the Vietnam War. He has a record of fostering economic growth and pushing for privatization of some state-owned enterprises.
Vietnam’s economy has grown an average of 7.5 percent per year in the past decade, and the government wants the communist country to be an industrialized nation by 2020.
Jonathan Pincus, chief economist of the United Nations Development Program in Hanoi, said that Vietnam faces huge challenges, including the implementation of laws and removing obstacles for private business, but foreign businesses “have confidence in [Dung] and his leadership.”
For the full article, click here.
posted by Amanda @ 7/25/2007 10:02:00 AM
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