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Vietnams President Vo Van Thuong resigns amid anticorruption campaign | Politics News [Video]

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Vietnam News

Vietnam President Vo Van Thuong has resigned after a little more than a year in office due to “violations” and “shortcomings”, the governing Communist Party has said.

Thuong is the second president to resign in two years amid an anticorruption crackdown that has seen several senior politicians fired and top business leaders tried for fraud and corruption.

The Vietnamese Communist Party said in a statement on Wednesday that the resignation had been accepted and that “violations and shortcomings by Vo Van Thuong have left a bad mark on the reputation of the Communist party.”

The government statement did not elaborate on Thuong’s shortcomings, but they are likely linked with the “blazing furnace” anti-bribery campaign aimed at stamping out widespread corruption.

Foreign investors and diplomats have repeatedly blamed the campaign for slowing down decisions in a country already grappling with a large amount of bureaucracy.

The president holds a largely ceremonial …

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