Vuong Dinh Hue Elected Vietnam’s Parliament Chairman

Vietnam’s National Assembly elected former Finance Minister Vuong Dinh Hue to be its chairman, one of the nation’s top four leaders.

A former deputy prime minister, Hue was the sole nominee for the five-year position. The parliament is scheduled to vote for a new president and prime minister on April 5, according to its website.

Communist Party General Secretary Nguyen Phu Trong, 76, was re-elected to a rare third term on Jan. 31 by the National Party Congress.

Hue, 64, is from north-central Nghe An province. He joins the country’s “four pillar” top leadership structure made up of Communist Party general secretary, prime minister, president and chair of the National Assembly. The leaders govern in consultation with the 18-member politburo.

“This is a great honor and also a very heavy responsibility for me,” Hue said in a speech after taking his oath at the National Assembly.

Hue, who is currently secretary of the Hanoi Municipal Party Committee, was deputy prime minister from April 2016 to June 2020. He also served as head of the Party Central Committee’s Economic Commission and state chief auditor. Hue holds a Ph.D. in economics from the University of Economics in Bratislava.

Vietnam’s parliament has set an official target of 6% economic growth this year, but the government is aiming for 6.5%.

©2021 Bloomberg L.P.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.