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View all search resultsVietnam-based diplomats and foreign officials said new developments could cause uncertainty.
ietnam's legislature on Wednesday approved the resignation of President Nguyen Xuan Phuc, state media reported, amid a major escalation of the Southeast Asian country's antigraft campaign.
Vice-President Vo Thi Anh Xuan would be acting president, state media said. Sources said a new president is likely to be named at the next meeting of the National Assembly in May.
The Communist Party's central committee said on Tuesday that Phuc, 68, had submitted his resignation after the ruling Communist Party blamed him for "violations and wrongdoings" by officials under his control while prime minister.
Phuc was ultimately responsible for offences committed by many officials, including two deputy prime ministers and three ministers, when he was prime minister from 2016 to 2021, the central party committee said.
Wednesday's vote by the rubber-stamp National Assembly is largely a procedural step, after the party's Central Committee on Tuesday said it accepted Phuc's resignation.
Reuters could not reach Phuc for comment.
Some Vietnam-based diplomats and foreign officials said the new developments could cause uncertainty, which may affect foreign investment.
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