To Lam Secures New Five-Year Term as Vietnam Targets Double-Digit Growth

To Lam was re-elected as General Secretary of the Communist Party of Vietnam for a five-year term after securing a unanimous vote from the Central Committee.The leader pledged to transform the nation into a high-income economy by 2045 while targeting double-digit annual growth and expansion in the semiconductor industry.This political consolidation follows extensive administrative reforms and a major anti-corruption campaign as Vietnam balances trade relations with both China and the USA.