• About
  • Advertise
  • Privacy Policy
  • Contact
Wednesday, November 11, 2026
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result
in Asia

President Of Vietnam Resigns

Comfort Ampomaaby Comfort Ampomaa
January 18, 2023
Reading Time: 3 mins read
Add as Preferred on Google
Vietnam's President Nguyen Xuan Phuc

Vietnam's President Nguyen Xuan Phuc

Vietnamese President, Nguyen Xuan Phuc has resigned. He becomes the most senior member of the government to step down after a series of high-profile corruption scandals for which he has been held responsible.

The ruling Communist Party blamed him for “violations and wrongdoing” by officials under his control.

Vietnam has no paramount ruler and is officially led by four “pillars”; the party’s Secretary, the President, Prime Minister and Speaker of the house.

The state news Agency reported that Nguyen Xuan Phuc resigned at a session of the ruling Communist Party’s Central Committee that was held “to consider and give opinions on Comrade Nguyen Xuan Phuc’s wish to stop holding positions, quit work and retire.”

ADVERTISEMENT

The language of the announcement strongly suggested that he was forced to step down.

Phuc, 68, began serving in government at the provincial level in 1979 and took his first position in national government in 2006. He joined the Politburo, the highest-ranking party body, in 2011, and was Prime Minister from 2016 to 2021, when he was elected President by the National Assembly.

An official statement published in state media praised Phuc for his efforts as Prime Minister in battling the COVID-19 pandemic. “He has made great efforts in leading, directing and administering the Covid-19 epidemic prevention and control, achieving important results,” it said.

It added, however, that Phuc bore political responsibility as the country’s top executive for serious scandals involving his subordinates, including two Deputy Prime Ministers and three other Ministers.

“Fully being aware of his responsibilities before the party and people, he submitted an application to resign from his assigned positions, quit his job and retire,” the statement disclosed.

ADVERTISEMENT

The statement noted that the two Deputy Prime Ministers had resigned from their positions and criminal proceedings had been launched against two other Ministers and many other officials. Several of the scandals involved corruption related to pandemic control measures.

Last year, 539 party members were prosecuted or “disciplined” for corruption and “deliberate wrongdoings”, including ministers, top officials and diplomats, according to the Communist party, while police investigated 453 corruption cases, up 50% from 2021.

Communist Party General Secretary, Nguyen Phu Trong said earlier this month that the party was “more determined” and “more effective and methodical” in its approach, and vowed to deliver results.

ADVERTISEMENT
1000 18 2
Vietnam’s President Nguyen Xuan Phuc arrives at the APEC Economic Leaders Meeting during the Asia-Pacific Economic Cooperation, also known as APEC summit, Saturday, Nov. 19, 2022, in Bangkok, Thailand. 

Presidential Position In Vietnam Largely Ceremonial

The post of President in Vietnam is largely ceremonial. The most powerful position, Communist Party General Secretary, is currently held by Nguyen Phu Trong, who in 2021 won a rare third five-year term in office.

Nguyen Phu Trong’s hallmark has been a long-running anti-corruption campaign, which in his second term targeted two former Cabinet Ministers and Hanoi’s former Mayor

The positions from which Phuc resigned also included Politburo membership, the executive committee of the Central Committee and chairman of the National Defense and Security Council.

As Prime Minister, Phuc led Vietnam as it became further integrated in the global economy and sustained 7% economic growth until COVID-19 hit the world.

With strict measures including a nationwide lockdown, Vietnam managed to contain the spread of the virus in the first year of the pandemic and quickly resumed business and manufacturing. It was among a handful of countries in 2020 that recorded positive economic growth.

READ ALSO: Somali Famine Slowed, Not Averted – World Food Program Chief

ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: CorruptionGovernanceResignationVietnam
Please login to join discussion
Previous Post

GSIA Promises to Commit to Fair Debt Exchange Program

Next Post

What Ghana Needs Now Is A Competent Coach

Related Posts

Chinese Foreign Minister, Wang Yi
Asia

Wang, Rubio Discuss US-China Ties Ahead Of Trump-Xi Meeting

November 11, 2026
Rustem Umerov, Ukrainian Defence Minister Confirms Black Sea Deal
Asia

Russia, Ukraine Resume US-Brokered Peace Talks In Abu Dhabi

November 11, 2026
France's Minister for Europe and Foreign Affairs, Jean-Noel Barrot as Putin’s Failure To Attend Istanbul Talks Decried
Asia

Iran Rejects French Claims Over Supermarket Cyberattacks

November 10, 2026
download 2026 11 10T152524.488
Asia

Russia, Ukraine Begin New US-Brokered Peace Talks in Abu Dhabi

November 10, 2026
ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

ADVERTISEMENT

Recent News

BoG Approves 46 International Money Transfer Operators

BoG Approves 46 International Money Transfer Operators

November 11, 2026
Screenshot 20261111 195728

U-23 AFCON Qualifier: Black Meteors Suffer Late Defeat Against Libya

November 11, 2026
President John Dramani Mahama

Accra Reset Seeks to Overhaul Rigged Global Financial Architecture – Mahama

November 11, 2026
Chinese Foreign Minister, Wang Yi

Wang, Rubio Discuss US-China Ties Ahead Of Trump-Xi Meeting

November 11, 2026
Asiama Challenges Banks to Put Ethics at the Heart of Digital Banking

Asiama Challenges Banks to Put Ethics at the Heart of Digital Banking

November 11, 2026
ADVERTISEMENT
Next Post
Hon Mustapha Ussif

What Ghana Needs Now Is A Competent Coach

The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Ok

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.