Vietnam’s economy smashed by Nghe Tinh political alliance

Le Minh Hung, Chief of Office of the Party Central Committee

Le Minh Hung is a member of the interest group from Ha Tinh province. Currently, Ha Tinh has 11 members of the Party Central Committee, including Politburo member  Tran Cam Tu, Chairman of the Central Inspection Commission. Nghe An province has 14 members of the Party Central Committee, including 3 members of the Politburo. The Nghe Tinh political alliance is the strongest one today.

Politburo member and Chairman of the country’s legislative body National Assembly Vuong Dinh Hue is a disciple of General Secretary Nguyen Phu Trong. In fact, the Nghe Tinh alliance is doing everything to take control of Vietnam, after Trong retires. Once the General Secretary’s seat falls into the hands of the Nghe Tinh alliance, fractions from other localities will be squeezed, making it very difficult for them to raise their heads.

Holding the Party Central Committee, holding Ho Chi Minh City and Hanoi, is the goal that the Nghe Tinh alliance aims at. If convenient, they can take over the government. The seat of General Secretary is almost exclusively for Vuong Dinh Hue. In Hanoi, Tran Sy Thanh is holding the position of Chairman of the City People’s Committee. He is expected that the next term will replace Dinh Tien Dung as Secretary of this city. Ho Chi Minh City is a distant task. However, if Vuong Dinh Hue holds the position of General Secretary, maybe Le Minh Hung will take the seat of Secretary of the HCM City Party Committee or maybe the permanent seat of the Secretariat, if he gets into the Politburo.

Le Minh Hung and Vuong Dinh Hue are both financial experts. However, so far, Le Minh Hung has not brought his ability to help the economy, but only made money to support political relationships. In this state apparatus, no one wants to be for the people, all for themselves. It is better to sell out the economy to build a strong interest group, than for the sake of the economy where the interest group is weak.

According to the information we have, Le Minh Hung was introduced by Vuong Dinh Hue to General Secretary Nguyen Phu Trong, and trusted by Trong for the position of Chief of Office of the Party Central Committee.

The position where Le Minh Hung is currently sitting is considered as a blocking point, filtering out unfavorable information about the Nghe Tinh group, preventing it from reaching the General Secretary. On the surface, Vuong Dinh Hue agreed to obey the General Secretary, but in fact, Vuong Dinh Hue linked with Le Minh Hung to manipulate information to the party’s chief.

Vuong Dinh Hue

Le Minh Hung was the Governor of the State Bank of Vietnam. In 2019, Sacombank (SCB) should have been put under “special control” but he only agreed it to be included in the category of “enhanced supervision.” He still allowed this bank to operate in defiance of the law, freely got invesment and deposit from people, and the consequences are now clear. Not only SCB, Le Minh Hung also “cultivated” a number of similar alliances, such as Techcombank and Seabank.

Today, Vuong Dinh Hue is leading the Nghe Tinh alliance, in which, Le Minh Hung is Hue’s effective arm. Currently, this alliance is planning to “elevate” Nguyen Phu Trong to a saint. They want to raise Mr. Nguyen Phu Trong to the same level as Ho Chi Minh. And thanks to that, Trong is very biased. Most of the information about the weakness of Le Minh Hung when he was the Governor of the State Bank did not reach the party chief. On the surface, the General Secretary seems to be the master of the game, but in fact, Trong is being manipulated by the Nghe Tinh group.

They manipulate information, directing the General Secretary according to their intentions. And in fact, the Nghe Tinh group hides behind Nguyen Phu Trong, so it is very safe.

Such is the magical political game. On the surface, it seems that Vuong Dinh Hue is docile to the General Secretary, but behind the scenes, a powerful coalition is using the General Secretary as a tool. By the time Trong retires from power, everything that Trong has will fall into the Nghe Tinh group.

Thoibao.de (Translated)