Vietnam's President Resigns Amid Bribery Scandal, Political Uncertainty Ensues
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Vietnam's President Vo Van Thuong has resigned due to a bribery scandal, marking a new phase of political uncertainty in the country . The Central Committee of the Communist Party of Vietnam (CPV) has accepted his resignation, and the National Assembly will vote on it. Thuong's downfall follows a series of high-profile dismissals and prosecutions, raising concerns among investors who were drawn to Vietnam for its stable political climate .
Vietnam's parliament met on Thursday to approve the resignation of President Vo Van Thuong, just a year after his predecessor fell victim to a wide-reaching graft purge and political feuding roiling the communist state . The ruling Communist Party announced that Thuong had quit after barely a year in the job, saying he was guilty of unspecified 'violati...
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