Vietnam | April 02, 2024
You’re offline. This is a read only version of the page.
The Vietnamese parliament has accepted the resignation of President Vo Van Thuong, as reported by Reuters on 20 March 2024. Reasons for the resignation point to another potential corruption case.
World Watch Research analyst Thomas Muller comments: “Corruption is one of the major problems the Communist Party is having to contend with: President Thuong’s predecessor, Nguyen Xuan Phuc, resigned on 18 January 2023 after a series of corruption scandals. Thus, two presidents have resigned in just over a year (Fulcrum, 20 March 2024). The government’s more immediate concerns are arguably the economy and investors’ confidence, especially as Vietnam is one of the beneficiaries of the worldwide ‘friendshoring’ process (ASEAN Briefing, 23 September 2023). Nevertheless, political insecurity is never welcome and the continued uncertainty was illustrated by the fact that the Central Party Committee was unable to quickly agree on a candidate to replace Thuong. Political instability is always a worrying time for ethnic minorities in the country as well, to which many Christians belong.”
We use cookies and other technologies on our website. Some of them are essential, while others help us to improve this website and your experience. We use them, among other things, to offer you an option for secure donations and anonymously evaluate access to our website. It also allows us to share our own YouTube videos on the website. Depending on the function, the data is passed on to third parties and processed by them. More information on The use of your data can be found in our Privacy Policy. You can revoke or adjust your choice at any time under Cookie Settings.