Vietnamese President Resigns Amid Anti-Corruption Drive, Raising Concerns Over Stability
• Vietnamese President Vo Van Thuong resigned after over a year in office amid an intense anti-corruption campaign by the Communist Party.
• He was the second president to resign in two years, causing worries about political stability in Vietnam.
• Thuong, 54, was the youngest Vietnamese president since the end of the Vietnam War. The presidency is largely ceremonial.
• His resignation came just days after the former head of Quang Ngai province, where Thuong was once party chief, was arrested for corruption.
• The anti-corruption drive has cemented top leader Nguyen Phu Trong's authority but made foreign investors uneasy about unpredictable policies.