Vietnam’s president Vo Van Thuong quits after just one year

The Vietnamese Communist Party accepted the resignation of President Vo Van Thuong on March 20, 2024, amid accusations that Thuong “violated party rules”. Officials declined to elaborate further. The announcement comes amid a wider crackdown on corruption and raises questions about the country’s stability, which could undermine investor confidence. Two days earlier, a Vietnamese property tycoon stood trial for defrauding thousands of investors