Vietnam anti-corruption drive may have limited success
Tuesday, May 22, 2018
Subject
Vietnam's corruption crackdown.
Significance
Vietnam’s latest anti-corruption drive is set to target more high-profile figures. The country has a long-standing problem with institutional corruption, but critics of the ruling Communist Party of Vietnam (CPV) see its crackdowns as politically motivated.
Impacts
- Improvements in corruption indices may convince credit rating agencies to edge Vietnam closer to investment-grade status.
- Greater CPV discipline may help General Secretary Nguyen Phu Trong engineer an orderly transition of leadership at the 2021 party congress.
- Vietnam is likely to face greater international criticism over human rights violations.
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