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Vietnam's legislature approved on Thursday the resignation of its chairman Vuong Dinh Hue, it said in a statement, the latest top official to step down amid an intensifying anti-graft crackdown by the ruling Communist Party. Hue's departure, which had already been announced last week by the party's central committee, leaves Vietnam with no permanent holders for two of its four top leadership positions, after president Vo Van Thuong quit in late March. ....
The country’s corruption crackdown, which has led to the exit of two senior leaders in recent weeks, reflects an alarming escalation of cronyism and party infighting. ....
Vietnam s real estate tycoon Truong My Lan was sentenced to death in the country s largest financial fraud case ever. Lan was accused of illegally controlling the Saigon Joint Stock Commercial Bank between 2012 and 2022, siphoning funds through ghost companies and paying bribes to government officials. ....
WASHINGTON (Reuters) -Vietnamese Foreign Minister Bui Thanh Son said on Tuesday the resignation of the communist-ruled country's third president in little over a year has not affected Hanoi's foreign and economic policies, given its collective leadership and policymaking. Asked during a visit to the United States about Vo Van Thuong's resignation last week, Son told Washington's Brookings Institution think tank Vietnam was undergoing an anti-corruption campaign that has been welcomed by the inte ....