Word: manh
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...routine economic data were deemed state secrets. Foreign investment has been declining since 1997, and economists say the country's only hope is to get it back by pursuing real economic reforms. "We know we need to proceed with doi moi in a more dynamic and innovative way," Manh says...
...attract private businessmen to manufacture shoes or garments, the low wage industries that make sense for Vietnam, Manh must convince investors they will find a more business friendly system than ever before. A core issue is the nearly 6,000 state-operated enterprises and their estimated $1.3 billion in bad debts that drain money from the state budget and national banks. The logical step is to sell them to investors who can make them efficient, but there's no transparent system in place for putting a price tag on them. Not surprisingly, foreign investors have shied away...
...Manh change a culture of opacity? Many think so?if he can convince the rest of his party to go along. In nine years, Manh helped transform the National Assembly from a rubber stamp into a reasonably representative legislature with televised sessions. "If he can do just half of what he accomplished in the National Assembly," says former U.S. Ambassador Douglas ("Pete") Peterson, "he can move Vietnam along the road of building a modern economy...
...even under Manh, transparency and liberalism can only be expected in the economic realm, not in politics. New York-based Human Rights Watch says 2001 was one of the worst years for human rights in a decade. In September, the government rounded up dozens of political and religious dissidents and put some under house arrest. Later that month, 14 ethnic-minority men accused of leading antigovernment protests in the Central Highlands were given prison sentences of up to 12 years. Analysts say Manh either ordered or allowed the crackdown to consolidate his power base and to appease party hard-liners...
...Manh's dealmaking prowess is probably his most valuable asset. "He's had to learn the art of being a consensus broker," says Thayer. "This guy is thoroughly working within the system, and perhaps will be more effective as a reformer because of that." Ho Chi Minh himself was renowned for bringing squabbling factions of his revolution together. If Manh can do the same and steer the party toward reform, he may prove to be Ho's political heir, at least...