WASHINGTON, March 26 (Reuters) - Vietnamese Foreign
Minister Bui Thanh Son said on Tuesday the resignation of the
communist-ruled country's second president in little over a year
has not affected Hanoi's foreign and economic policies, given
its collective leadership and policymaking.
Asked during a visit to the United States about Vo Van
Thuong's resignation last week, Son told Washington's Brookings
Institution think tank Vietnam was undergoing an anti-corruption
campaign that has been welcomed by the international community
and businesses.
"The resignation of the president I think in Vietnam has not
affect(ed) our foreign policy as well as our own policies of
economic development," he said.
"If you look at the situation in Vietnam, we have collective
leadership, we have collective foreign policy. We have
collective-decided economic development."
Son cited Communist Party congresses held every five years
where economic development plans are set out and agreed among
party leaders. "And I think (if) one or two figures in the
leadership has resigned, (it) does not change this situation."
Son, who held talks in Washington on Monday with U.S.
Secretary of State Antony Blinken, National Security Advisor
Jake Sullivan and USAID Administrator Samantha Power, said
Vietnam hopes Washington will soon recognize it as a market
economy.
The U.S. currently considers Vietnam a 'non-market economy'
in import injury cases, which can lead to significantly higher
anti-dumping duties and Hanoi's ambassador to Washington warned
this year that maintaining the resulting punitive duties on
Vietnamese goods is bad for increasingly close bilateral ties.
Son said the United States and Vietnam should boost economic
trade and investment cooperation after agreeing a Comprehensive
Strategic Partnership last year.
"We should focus on supply chain resilience, infrastructure
connectivity, digital economy, energy, green economy and
logistics," he said.
Thuong's resignation has raised questions about stability in
Vietnam, given he was only elected last year after the sudden
dismissal of his predecessor.
With accumulated foreign direct investment higher than its
gross domestic product, Vietnam's stability is crucial to
multinationals with large operations in the Southeast Asian
manufacturing hub, including U.S. firm Apple ( AAPL ), which has
many key suppliers in the country.
That stability, which has been guaranteed for decades by a
state tightly controlled by the Communist Party, now looks less
certain, analysts say, although they agree the current
leadership changes will not impact the country's key policies,
including its "bamboo diplomacy" aimed at keeping good relations
with the United States and China at the same time.
Son said Vietnam sought good relations with all major powers
and welcomed ongoing efforts to stabilize relations between the
United States and China.