The simultaneous control of molecular weight and tacticity in cationic polymerization remains challenging. Here, we propose a new approach for stereospecific living cationic polymerization by combining cationic reversible addition-fragmentation chain transfer (RAFT) polymerization with thiocarbonylthio compounds and stereospecific cationic polymerization of bulky vinyl ethers with Lewis acid catalysts. In this combined system, the molecular weight was controlled by the RAFT process between the growing cationic and dormant dithiocarbamate chain ends, whereas the tacticity was controlled by stereospecific propagation based on the steric hindrance of bulky side groups and counteranions derived from the Lewis acid catalysts. Herein, we demonstrate the availability of this approach in the cationic polymerization of various bulky vinyl ethers, such as tert‑butyl, benzyl, trimethylsilyl, and tert‑butyldimethylsilyl vinyl ether, using dithiocarbamates and BF3•OEt2 or EtAlCl2 in toluene at –78 °C. Isotactic-rich poly(vinyl ether)s with controlled molecular weights and dithiocarbamate chain-end groups were obtained from a series of bulky vinyl ethers and were converted into molecular-weight-controlled isotactic poly(vinyl alcohol) (mm ≥ 70%) with a high melting temperature (Tm ~ 230 °C). Furthermore, isotactic-b-atactic stereoblock PVA (mm/mr/rr = 75/25/5 and 23/48/29, Tm ~ 210 °C) was synthesized by mechanistic transformation from the stereospecific cationic RAFT polymerization of trimethylsilyl vinyl ether into the radical RAFT polymerization of vinyl acetate using diphenyl dithiocarbamate as the common RAFT agent followed by simultaneous deprotection of the silyl and acetyl groups.