Vietnam President Nguyen Xuan Phuc resigns amid allegations of corruption and scandals

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Vietnam's President Nguyen Xuan Phuc has submitted his resignation on January 17 after the ruling Communist Party found him responsible for corruption, scandals and wrongdoings.

An overview of the news

• The anti-corruption campaign has led to the sacking of several ministers in Vietnam.

• Earlier, two deputy prime ministers who served under President Phuc had quit.

• The resignation of the President requires approval from the National Assembly.

• Former Prime Minister Phuc had assumed the office of President from 2021.

• Phuc, 69, served as Vietnam's prime minister from 2016 until April 2021, when he was elected president.

• Vietnam is a country with single party rule and any political changes are very carefully managed for political stability and continuity.

• However, it is not clear who will be the new President.

About Vietnam

• It lies in South East Asia and it is a member of Association of Southeast Asian Nation (ASEAN)

• Capital: Hanoi

• Currency: Dong