Quicktake

What’s Behind Vietnam’s Latest Anti-Corruption Fight

Nguyen Phu Trong Photographer: Nhac Nguyen/AFP/Getty Images
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Vietnam’s Communist Party chief Nguyen Phu Trong has likened his anti-graft campaign to a “blazing furnace,” one that’s caught hundreds of senior officials, business executives and others in its blast over the years. While the country’s position has improved by more than 30 spots over the past decade on a global corruption perception index, it was still at 87th place last year out of 180 ranked. Now as Southeast Asia’s fastest-growing economy seeks to bolster its appeal as a destination for foreign investment in the midst of mounting trade tensionsBloomberg Terminal between the US and China, the fight seems to be flaring again.

Trong, who won a rare third term last year, said in a televised speech that “each party cadre and member needs to shoulder the responsibility of being a role model. The higher the position and rank, the more responsibility one must take.” Eight inspection teams have been set up to deal with corruption cases, including at party committees and agencies, according to the Central Steering Committee on Anti-Corruption. In meetings with voters in Hanoi in October, he affirmed that the fight was ongoing, with more cases coming, state-owned broadcaster VTV reported.