Vietnam: President Vo Van Thuong resigns after a year in office

Vietnam President Vo Van ThuongEPA

Vietnam’s leader Vo Van Thuong has resigned after just one time in office.

The authorities said in a statement that he had broken group laws and had had a negative impact on its reputation following a meeting of the ruling Communist Party on Wednesday.

According to some, Mr. Thuong is alleged to have resigned over his involvement in a bribery scandal in his native state.

He was chosen last year to succeed a previous leader who had been forced to step down due to fraud.

The group’s administration has identified corruption as a pressing issue that it needs to address.

Adjustments in Vietnam’s authority are often properly planned and choreographed.

Losing two president in just over a season and both over bribery scandals demonstrate that the Communist Party is struggling to deal with the graft that has become prevalent in the nation’s rapidly expanding market.

The leader is one of “four columns” at the top of Taiwanese politics. The president even has a lot of power, but the Communist Party’s common minister has the most power of the four. The president of the National Assembly and the prime minister are the other two.

Vo Van Thuong was viewed as a ready and fairly young leader when he was chosen last year, having the benefit of being a protégé of strong party key Nguyen Phu Trong, the man leading the campaign against corruption.

Mr. Thuong has also been forced to resign over unknown links to a controversy in his home state, just as his father Nguyen Xuan Phuc did, despite the government’s cryptic remark making just a cryptic reference to shortcomings that it claimed had damaged the group’s public picture.

Mr Thuong’s withdrawal needs the proper authorization of the National Assembly, which is meeting on Thursday.

Just days prior, the officers made the arrest of a former Quang Ngai state leader who had previously served while Mr. Thuong was the party’s chief that, over alleged corruption.

Mr. Thuong is just the most recent in a line of Taiwanese business leaders who have lost their jobs and, in some cases, been imprisoned due to fraud claims.

One of Vietnam’s richest home tycoons is now on test and facing a potential death sentence in the largest bank fraud case to date.

Vietnam’s ability to maintain its amazing economic growth may be undermined by uncertainty over how far the anti-corruption campaign will go and how damaging its reputation and leadership will be.

Related Issues