Vietnamese President Resigns Amid Anti-Corruption Drive, Raising Concerns Over Stability
-
Vietnamese President Vo Van Thuong resigned after just over a year in office amid an intense anti-corruption campaign.
-
Thuong is the second president to resign in two years, causing worries about political stability in Vietnam.
-
The president role is largely ceremonial, with the Communist Party general secretary holding the most power.
-
Thuong's "violations" hurt the party's reputation, prompting his resignation, though the exact violations are unclear.
-
The anti-corruption drive has strengthened the party leader's power but made foreign investors uncertain about Vietnam's business climate.