The Fort Worth Press - 'Revolution': Communist Vietnam seeks to cut 1 in 5 govt jobs

USD -
AED 3.673042
AFN 64.999915
ALL 81.338497
AMD 361.489901
ANG 1.789785
AOA 916.999954
ARS 1513.065103
AUD 1.445505
AWG 1.80125
AZN 1.701818
BAM 1.743363
BBD 2.013184
BDT 122.946509
BGN 1.747831
BHD 0.377705
BIF 2996
BMD 1
BND 1.281883
BOB 11.71977
BRL 5.094103
BSD 0.999594
BTN 94.961938
BWP 13.742418
BYN 3.017057
BYR 19600
BZD 2.010313
CAD 1.41921
CDF 2313.500423
CHF 0.827099
CLF 0.02494
CLP 981.550124
CNY 6.691198
CNH 6.6895
COP 3175.37
CRC 454.960757
CUC 1
CUP 23.989731
CVE 98.825003
CZK 21.696803
DJF 177.720015
DKK 6.663016
DOP 61.289648
DZD 134.592977
EGP 53.430899
ERN 15
ETB 163.269377
EUR 0.891399
FJD 2.26815
FKP 0.76043
GBP 0.75358
GEL 2.589831
GGP 0.76043
GHS 11.650498
GIP 0.76043
GMD 73.504736
GNF 8797.485115
GTQ 7.636425
GYD 209.06352
HKD 7.84745
HNL 26.837693
HRK 6.7149
HTG 130.889189
HUF 324.179705
IDR 17936
ILS 3.103975
IMP 0.76043
INR 94.66065
IQD 1514.36683
IRR 1795877.504135
ISK 121.42019
JEP 0.76043
JMD 158.941401
JOD 0.709002
JPY 157.97506
KES 129.829626
KGS 87.450084
KHR 4067.000188
KMF 440.000041
KPW 899.999961
KRW 1342.019935
KWD 0.31092
KYD 0.832995
KZT 453.004595
LAK 22437.500971
LBP 89549.999867
LKR 330.880551
LRD 170.874973
LSL 16.509552
LTL 2.95274
LVL 0.60489
LYD 6.430073
MAD 9.76375
MDL 17.962214
MGA 4502.324255
MKD 54.950394
MMK 2099.444361
MNT 3596.720368
MOP 8.079529
MRU 40.219741
MUR 47.30702
MVR 15.459616
MWK 1741.50116
MXN 18.40425
MYR 4.085299
MZN 63.892558
NAD 16.51791
NGN 1330.839938
NIO 36.787121
NOK 9.456795
NPR 151.938745
NZD 1.779043
OMR 0.384414
PAB 0.999586
PEN 3.438455
PGK 4.537108
PHP 63.065003
PKR 276.703496
PLN 3.89445
PYG 5692.357747
QAR 3.643608
RON 4.754599
RSD 104.64822
RUB 83.877026
RWF 1474.878661
SAR 3.783194
SBD 8.064647
SCR 13.936639
SDG 601.492783
SEK 9.969825
SGD 1.282115
SHP 0.754745
SLE 24.680453
SLL 20969.504398
SOS 571.283404
SRD 37.641501
STD 20697.981008
STN 21.838829
SVC 8.746189
SYP 13001.999685
SZL 16.511864
THB 33.520468
TJS 9.210912
TMT 3.51
TND 3.001547
TOP 2.40776
TRY 49.472199
TTD 6.784239
TWD 32.3706
TZS 2639.983
UAH 44.837859
UGX 4022.801521
UYU 40.200736
UZS 11955.039354
VES 878.023604
VND 25873
VUV 119.689611
WST 2.781623
XAF 584.719412
XAG 0.017415
XAU 0.000239760144
XCD 2.70255
XCG 1.801465
XDR 0.707052
XOF 584.719412
XPF 106.304652
YER 236.150108
ZAR 16.498075
ZMK 9001.200977
ZMW 19.915944
ZWL 321.999592
SSP 5773.824733
MXV 2.078145
  • RIO

    -0.3300

    97.04

    -0.34%

  • CMSC

    -0.0400

    20.67

    -0.19%

  • RELX

    0.0000

    33.41

    0%

  • RBGPF

    0.0000

    67.95

    0%

  • BCE

    -0.0700

    21.99

    -0.32%

  • BCC

    -0.0300

    75.66

    -0.04%

  • GSK

    0.8600

    51.08

    +1.68%

  • JRI

    -0.0300

    11.52

    -0.26%

  • NGG

    -0.1200

    76.68

    -0.16%

  • CMSD

    0.0900

    20.54

    +0.44%

  • BTI

    -0.0800

    55.75

    -0.14%

  • AZN

    2.0200

    168.1

    +1.2%

  • BP

    -1.4200

    43.16

    -3.29%

  • RYCEF

    0.4600

    19.7

    +2.34%

  • VOD

    0.0700

    17.02

    +0.41%

'Revolution': Communist Vietnam seeks to cut 1 in 5 govt jobs
'Revolution': Communist Vietnam seeks to cut 1 in 5 govt jobs / Photo: © AFP

'Revolution': Communist Vietnam seeks to cut 1 in 5 govt jobs

Vietnam is aiming to cut one in five public sector jobs and slash billions of dollars from government budgets, mirroring US President Donald Trump's push to take a hatchet to spending.

Text size:

The drive -- due to go before the rubber-stamp parliament in the coming days -- is creating unease in a communist country where working for the state long meant a job for life.

Vietnam's top leader To Lam, who half a year ago became Communist Party general secretary following the death of his predecessor, has said that state agencies should not be "safe havens for weak officials".

"If we want to have a healthy body, sometimes we must take bitter medicine and endure pain to remove tumours," Lam said in December.

The reforms, described as "a revolution" by senior officials, will see the number of government ministries and agencies slashed from 30 to 22. The media, the civil service, the police and the military will all face cuts.

Almost two million people worked in the public sector as of 2022, and one in five of these jobs will go over the next five years, according to the government.

Of those cuts, 100,000 people will be made redundant or offered early retirement, but it has yet to offer clarity on how the much larger target will be reached.

Some have already been given notice, like Thanh, a pseudonym to protect his identity, who told AFP his 12-year career as a TV producer was "aggressively" terminated last month.

The state-controlled news channel where he worked was shuttered, one of five broadcasters already closed, and the father-of-two was given two weeks' notice.

"It is painful to talk about," said the 42-year-old, who has turned to driving a taxi.

- 'Bitter medicine' -

Building on stellar economic growth of 7.1 percent in 2024, Vietnam -- a global manufacturing hub heavily reliant on exports -- is aiming for eight percent this year.

But anxiety is mounting over the country's potential vulnerability to tariffs under the new Trump administration.

A bloated bureaucracy is also seen as a brake on growth, as is a high-profile anti-corruption campaign that has slowed everyday transactions.

Vietnam is aiming to become a middle-income country by 2030 and leap into the high-income ranks by 2045.

"They really want to achieve the goal," said Nguyen Hong Hai, Fulbright Vietnamese Scholar at American University in Washington DC.

"It's about (demonstrating) the legitimacy of the party, the power of the party."

Authorities say savings from the cuts in spending could total $4.5 billion (113 trillion dong) over the next five years, despite costs of more than $5 billion for retirement and severance packages.

But Vu Quynh Huong, a civil servant, said she was concerned that the most capable staff -- who will have options to work elsewhere -- could be the ones who leave.

"I am considering taking early retirement," the 51-year-old told AFP. "I can work as a freelance consultant or for my family business."

- Anti-corruption drive -

Streamlining the bureaucracy has been a Communist Party policy for nearly a decade but Lam is pushing the scheme with intensity and rapidity.

Lam has also enthusiastically pursued an anti-graft campaign that has swept up dozens of business leaders and senior government figures, including two presidents and three deputy prime ministers since 2021.

Critics accuse him of targeting his rivals through the action, but the drive has proved popular with the public, and analysts say Lam may be looking to bolster his legitimacy ahead of the next Communist Party congress in early 2026.

But the turmoil threatened the country's reputation for stability and there are fears the bureaucratic reforms could also cause short-term chaos.

Vietnam ranks 83rd out of 180 countries in Transparency International's Corruption Perceptions Index, and questions have also been raised about the implementation of the drive.

Thanh said decisions about which employees to keep, and which to fire, were "not based on ability of the staff".

"I used to feel proud telling people about my job. Now I feel like I've lost my honour."

L.Coleman--TFWP