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Vietnamese President Vo Van Thuong resigned after a little over a year in the position, the Communist Party said Wednesday, making him the latest senior official to leave office after likely being implicated in an intense anti-corruption campaign.
The party said it had accepted his resignation, writing in a statement that “violations by Vo Van Thuong have left a bad mark on the reputation of the Communist Party.”
Thuong is the second president to resign in two years, something analysts called a worrying sign for political stability in a country that plays a key role in the middle of US-China competition and a growing one in global manufacturing.
His resignation came after weeks of rumours suggesting that he would be removed from office, and on the eve of a special session of Vietnam’s parliament dedicated to “personnel matters.”