FILE - Vietnam's President Vo Van Thuong addresses the media during a joint press conference with Japan's Prime Minister Fumio Kishida after their meeting at the prime minister's official residence in Tokyo, Japan, Monday, Nov. 27, 2023. Vietnams president resigned in the latest episode of the ruling Communist Party's blazing furnace anti-corruption campaign, and Vice President Vo Thi Anh Xuan was named acting president.
In announcing Thuong's departure, state media said his violations had “left a bad mark on the reputation of the Communist Party.” His resignation came days after the former chief of Quang Ngai province, in central Vietnam, was arrested on suspicion of corruption. Thuong is a former party chief of the province.
Vietnam's economy has boomed over the past decade as foreign investment poured in and the country became a preferred alternative to China as relations festered between Beijing and Washington. The anti-corruption drive also has made Vietnam’s bureaucracy more cautious, with “public officials becoming anxious about being investigated and shirking their responsibilities,” according to a report from Singapore’s ISEAS-Yusof Ishak Institute. Government spending has slowed for similar reasons, state media have reported.
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