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Vietnam's To Lam Secures Presidency Amid Party Consolidation

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Vietnam’s new president, To Lam, has swiftly consolidated power, spearheading an aggressive reform agenda and setting an ambitious 10 % annual growth target for the country. Under his leadership, exports surged over 17 % in Q1 2026, while the parliament confirmed new leaders and adopted a China‑style "strongman" approach to governance. In addition, Vietnam shortened visa‑exemption processing to a single day and launched a 10‑year "Golden Visa" program to attract long‑term foreign residents.

    1. As the crisis drags on, the implications become more severe.
    2. There's a risk this energy crisis could jeopardise their growth goals.
    1. For me, taking the responsibility of the general secretary and the president is a very huge honour...a responsibility, and a sacred and noble duty.
    2. The nation that proactively implements strategic reforms, promptly reforms its institutions, unleashes creativity, mobilises the resources of its entire population, and seizes new opportunities will rise and develop.
Vietnam's To Lam Secures Presidency Amid Party Consolidation