DIRS.INFO The most relevant business & tech news

Truong My Lan, a Vietnamese real estate tycoon, was sentenced to death on Thursday for her role in a financial fraud case, in a major display of the ruling Communist Party’s resolve to crack down on corruption. The trial for Ms. Lan, who was the chairwoman of the real estate developer Van Thinh Phat Group, was part of the government’s campaign against corruption. The leader of Vietnam’s Communist Party, Nguyen Phu Trong, has sought for years to stamp out corruption as the nation emerges as a major manufacturing hub and as one of Asia’s fastest-growing economies. Mr. Trong launched the anti-corruption drive in 2016, saying that graft could threaten the survival of the Communist Party, which has governed the country for nearly half a century. The campaign has led to the downfall of many business leaders and top officials, including former President Vo Van Tong, who resigned in March amid corruption allegations.

Persons: Truong, Lan, Van Thinh, Nguyen Phu Trong, Trong, Vo Van Tong Organizations: Vietnam’s Communist Party, Communist Party Locations: Vietnamese, Ho Chi Minh City

☆ Kissinger’s Legacy Still Ripples Through Vietnam and Cambodia
▼ + stars: | 2023-11-30 | by ( Mike Ives | More About Mike Ives | ) www.nytimes.com time to read: +6 min

Mr. Kissinger, who died on Wednesday, shared the 1973 Nobel Peace Prize for negotiating the peace accords that ended American involvement in the Vietnam War. The fighting between North Vietnam and U.S.-backed South Vietnam did not end until the North’s victory in 1975. Mr. Kissinger defended his wartime decisions for years afterward. Within Vietnam, Mr. Kissinger’s role in the war was contentious well before the fighting ended. When President Barack Obama visited in Hanoi in 2016, he said the United States would rescind a decades-old ban on sales of lethal military equipment to Vietnam.

Persons: Henry A, Kissinger, Mr, Lyndon, Richard M, Le Duc Tho, Duong Quoc, Hun Sen, ”, “, Pen, Sok, Hun Sen’s, Barack Obama, Biden’s, Chau Doan, Sun Narin, Lee Wee Organizations: Communist, Johnson Library, Museum, Thunderbird School of Global Management, Arizona State University, Vietnamese Foreign Ministry, U.S, Cambodian People’s Party, Vietnam’s Communist Party Locations: Cambodia, Vietnam, U.S, China, Southeast Asia, North Vietnam, Saigon, United States, America, Austin , Texas, Vietnamese, Hanoi, “, Khmer, Khmer Rouge, ” Vietnam, Washington, United, Russia

President Biden cemented a new strategic relationship with Vietnam on Sunday, bringing two historical foes closer than they have ever been and putting the ghosts of the past behind them out of shared worry over China’s mounting ambitions in the region. During a landmark visit to Hanoi by the American president, Vietnam’s Communist Party leadership formally raised the country’s ties to the United States to the highest level in Hanoi’s diplomatic hierarchy, equivalent to those it has with Russia and China. Mr. Biden said the breakthrough was “the beginning of even a greater era of cooperation” a half-century after American troops withdrew. “Today, we can trace a 50-year arc of progress in the relationship between our nations, from conflict to normalization,” Mr. Biden said at a news conference after a meeting with Nguyen Phu Trong, the general secretary of the Communist Party of Vietnam. In recent months, he has expanded cooperation with Australia, India and the Philippines and brought the leaders of Japan and South Korea together at Camp David to seal a three-way alliance that has eluded Washington in the past.

Persons: Biden, Mr, Nguyen Phu Trong, Trong, David Organizations: Vietnam’s Communist Party, “, Communist Party of Vietnam, Washington Locations: Vietnam, Hanoi, United States, Russia, China, Beijing, Australia, India, Philippines, Japan, South Korea

Search resuls for: "Vietnam’s Communist Party"

3 mentions found