Vietnam's Vice-President Appointed Interim President Amid Political Turmoil

Vietnam's vice-president Vo Thi Anh Xuan has been appointed as the interim president after her predecessor's resignation amid a corruption purge. The sudden resignation deepened political turmoil, undermining investor confidence. The Communist party attributed the resignation to unspecified 'violations', as part of a long-standing corruption crackdown. The government activity has slowed due to the graft crackdown, and allegations of massive fraud by a real estate tycoon have added to concerns. The leadership succession risks and the revolving door of top political office holders have raised worries about political stability and investor confidence.