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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Americas+1 212 318 2000
EMEA+44 20 7330 7500
Asia Pacific+65 6212 1000
Vietnam may not have the polarizing elections that divide many democratic nations, but the ouster of a second president in just over a year shows that closed-door power struggles inside the one-party state can be just as brutal.
President Vo Van Thuong, 53, had been a rising star in the Communist Party, an ally and potential successor to ailing 79-year-old party chief Nguyen Phu Trong. Thuong’s resignation on Wednesday — a party statement vaguely said he “violated regulations on what party members cannot do” — instead leaves a leadership vacuum in what has been one of Asia’s fastest-growing economies.
