Vietnam President Nguyen Xuan Phuc has resigned after the ruling Communist Party blamed him for 'violations and wrongdoing' by officials under his control, the government said on Tuesday, in a major escalation of the country's anti-graft campaign.
Vietnam's President Nguyen Xuan Phuc arrives to attend APEC Leader's Dialogue with APEC Business Advisory Council during the Asia-Pacific Economic Cooperation summit, November 18, 2022, in Bangkok, Thailand.
Phuc, 68, was ultimately responsible for offences committed by many officials, including two deputy prime ministers and three ministers, the government said. Last year, 539 party members were prosecuted or "disciplined" for corruption and "deliberate wrongdoings", including ministers, top officials and diplomats, according to the party, while police investigated 453 corruption cases, up 50% from 2021.
However, Ha Hoang Hop, a senior visiting fellow at the same institute, said Phuc's demise and uncertainty over the impact of the crackdown could unnerve investors.
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