Vietnam's president resigns after just over a year in office
The Vietnamese Communist Party has accepted the resignation of President Vo Van Thuong, the government said.
The Vietnamese Communist Party has accepted the resignation of President Vo Van Thuong, the government said on Wednesday, in a sign of political turmoil that could hurt foreign investors’ confidence in the country.
The government said in a statement that Thuong had violated party rules, adding that those “shortcomings had negatively impacted public opinion, affecting the reputation of the Party, State and him personally”.
The Central Party Committee, a top decision-making body in Communist Party-ruled Vietnam, approved Thuong’s resignation just about a year after his election.
The president holds a largely ceremonial role but is one of the top four political positions in the Southeast Asian nation.
Calls to the presidential office on Wedensday went unanswered.
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