Vietnam: President Vo Van Thuong resigns after a year in office. Vietnam's President Vo Van Thuong has resigned after just one year, marking the second such resignation in over a year amidst corruption scandals. His departure, attributed to violations of party rules and negative impacts on the Communist Party's reputation, follows a crackdown on corruption. This upheaval hints at potential political motives behind the investigations and raises questions about Vietnam's political stability and its impact on foreign investment.
Asia Daily: March 21, 2024
Vietnam: President Vo Van Thuong resigns after a year in office. Vietnam's President Vo Van Thuong has resigned after just one year, marking the second such resignation in over a year amidst corruption scandals. His departure, attributed to violations of party rules and negative impacts on the Communist Party's reputation, follows a crackdown on corruption. This upheaval hints at potential political motives behind the investigations and raises questions about Vietnam's political stability and its impact on foreign investment.