Vietnam appoints Security Chief Lam as President.

Daily Dumpling: Vietnam appoints Security Chief Lam as President.

Vietnam's leadership is undergoing significant changes, with Gen. To Lam being appointed as president, and Tran Thanh Man as the chairman of the National Assembly. This comes amidst a power struggle and anticipation of a leadership transition in 2026. Gen. Lam, known for his anti-corruption efforts, is seen as a frontrunner for the top leadership position, despite facing criticism for his involvement in a high-profile kidnapping. The country's political landscape has seen several resignations and removals due to alleged wrongdoing, raising concerns about the use of security apparatus. The anti-corruption campaign initiated by the current party chief has also raised questions about political purges and its impact on decision-making. Despite the upheaval, Vietnam remains an attractive destination for foreign investors, with a rise in foreign direct investment and stock market performance.

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