
News Link • Vietnam
Communist Vietnam Follows Libertarian Milei's Path in a Surprising Turn
• https://gatewayhispanic.com, Mamela Fiallo FlowerThe new plan is inspired by the radical reforms implemented in Argentina by President Javier Milei, which seek to drastically reduce the size of the state and ease the bureaucratic burden.
Under the banner of "administrative reform", the Vietnamese government has announced its intention to reduce approximately 20% of government ministries and agencies, as well as the number of public employees. This historical measure seeks to radically transform a system that many consider obsolete and increasingly complicated.
The strategy involves the elimination of five ministries and the merger of critical areas, such as Finance and Planning and Investment. This merger aims to create a more efficient administration, capable of responding to the economic needs of a developing country.
Four state agencies are also expected to be abolished, including the State Capital Management Committee. State media outlets have also been announced to close, including five public television channels, ten newspapers and nineteen magazines, in an attempt to cut costs.
Vietnam's effort is part of a broader trend that includes simultaneous initiatives in other countries. In Argentina, Javier Milei has already launched the largest public spending cut in history, with the intention of eliminating the fiscal deficit affecting the country.
In the United States, President-elect Donald Trump has promised significant adjustments through the new Department of Government Efficiency, with the collaboration of innovators such as Elon Musk, highlighting the continuity of a global fight against unnecessary bureaucracy.
"This is the boldest administrative reform in Vietnam since the Doi Moi reforms," said Nguyen Khac Giang, a senior researcher at the ISEAS-Yusof Ishak Institute in Singapore. His analysis indicates that the country is seeking to streamline a bureaucracy that has become a brake on sustained economic growth.
A senior Communist Party official stressed the urgency of these reforms in a recent speech: "Sometimes you have to take bitter medicine, endure pain and remove tumors to have a healthy and strong body." These statements underscore the seriousness with which the proposed changes are being approached.
The details of this restructuring began to take shape in November, culminating in December with a formal draft requiring the submission of restructuring reports by all bureaucrats. These proposals will be evaluated at extraordinary sessions of the Central Committee and the National Assembly, scheduled for February.