Economy / Vietnam
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Vietnam
August 2005 | Risk SummarySorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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Members of Vietnam's ruling Communist Party could be allowed to run private companies, according to Ta Huu Thanh, Deputy Chairman of the party's Central Economics Board. The proposals would also welcome private entrepreneurs into the party, in a move aimed at encouraging investment. Thanh believes that relaxing the rules for party members, would enable foreign investors to recognise the party's open policy, securing the confidence of the private sector. Although the issue has been brought up in 2001 it was rejected, and the next opportunity to endorse the change will be at the party's 2006 National Congress, where there is