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Prices at the Pumps - March 20, 2024 #saltwire #energymarkets #pricesatthepumps #gaspricesHANOI - Vietnam's once-staid political scene has erupted into turmoil with the forced resignation of a second president in just over a year amid constant political intrigue.
Before him, Nguyen Xuan Phuc was also unexpectedly forced to leave last year for"violations and wrongdoing", after less than two years on the presidential job. He had been credited with supporting pro-business reforms in his previous position as prime minister. The president holds a five-year largely ceremonial role, but can build personal relations with foreign leaders, signs international agreements and represents the nation in high-level meetings.
The presidential term, like all top jobs, expires in 2026, but the party is likely to prefer electing a permanent president for the next two years.
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