• Privacy Policy
  • Terms & Conditions
Truth of Financial World
  • World News
  • Politics
  • Science
  • Business
No Result
View All Result
  • World News
  • Politics
  • Science
  • Business
No Result
View All Result
Truth of Financial World
No Result
View All Result
Home World News

Vietnam appoints fourth president in nearly two years after months of political turmoil

October 22, 2024
in World News
Vietnam appoints fourth president in nearly two years after months of political turmoil
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Vietnam elected Luong Cuong, a military general, as its new president on Monday, the fourth official to fill the largely ceremonial role in 18 months.

Cuong, 67, was elected by the National Assembly to replace To Lam, who remained president even after he was formally appointed as the general secretary of the ruling Communist Party in August.

The role of the general secretary is the most powerful position in Vietnam while the presidency is mostly ceremonial and involves meeting foreign dignitaries.

Cuong in a speech vowed to conduct foreign policies that sought independence and peace and to promote Vietnam “as a friend, a trusted partner, an active and responsible member of the international community.”

Cuong, who has served in the Vietnamese army for over four decades, has been a Politburo member since 2021.

His appointment took place after months of uncharacteristic tumult in Vietnam’s politics and the death of former party general secretary Nguyen Phu Trong, who had dominated the country’s leadership since 2011.

Trong was an ideologue who viewed corruption as the single gravest threat in maintaining the party’s legitimacy and launched a sweeping anti-graft campaign known as the “blazing furnace.” It singled both business and political elites, including former presidents Nguyen Xuan Phuc and Vo Van Thuong and the former head of parliament, Vuong Dinh Hue.

As Vietnam’s top security official at the time, Lam had led the campaign until May. When he became the new general secretary, he promised to maintain the anti-corruption fight.

The campaign, albeit popular with many Vietnamese citizens, had spooked investors and made the bureaucracy more cautious, slowing down decision-making in the country.

The appointment of Cuong as the new president was a “move to stabilize the system” after the period of turbulence, said Nguyen Khac Giang, a visiting fellow in the Vietnam Studies Program at Singapore’s ISEAS–Yusof Ishak Institute.

“Luong Cuong’s appointment represents a deliberate attempt to restore balance between Vietnam’s military and security factions, particularly ahead of the 2026 Party Congress,” he said.

“By ceding the presidency, To Lam shows his commitment to the collective leadership principle, while still retaining the decisive power in the system,” he said.

Vietnam’s leaders are next due to convene a Communist Party Congress in early 2026.

Critics said that Cuong’s appointment would expand repression in Vietnam.

Ben Swanton of The 88 Project, a group that advocates for freedom of expression in Vietnam, said that Cuong would be a “reliable deputy” to Lam.

“The installation of Luong Cuong as president is yet another example of the expansion of Vietnam’s police state,” he said.

This post appeared first on cnn.com

Previous Post

Monkeys killed by soil infection at Hong Kong zoo, officials say

Next Post

‘We don’t want aid. We want dignity.’ Air-dropped aid kills 3-year-old Palestinian boy in southern Gaza, family says

Next Post
‘We don’t want aid. We want dignity.’ Air-dropped aid kills 3-year-old Palestinian boy in southern Gaza, family says

‘We don’t want aid. We want dignity.’ Air-dropped aid kills 3-year-old Palestinian boy in southern Gaza, family says

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent News

    At least 120 children have been abducted by insurgents in Mozambique, rights group says

    At least 120 children have been abducted by insurgents in Mozambique, rights group says

    June 25, 2025
    Russian attacks kill dozens of Ukrainians as Kyiv’s allies gather for a key NATO summit

    Russian attacks kill dozens of Ukrainians as Kyiv’s allies gather for a key NATO summit

    June 25, 2025
    Israel agreed to a ceasefire with Iran. Could Gaza be next?

    Israel agreed to a ceasefire with Iran. Could Gaza be next?

    June 25, 2025
    ‘I started to feel numb’: Woman recalls syringe attack at French music festival

    ‘I started to feel numb’: Woman recalls syringe attack at French music festival

    June 25, 2025

    Disclaimer: truthoffinancialworld.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Browse by Category

    • Business
    • Politics
    • Science
    • World News

    Recent News

    At least 120 children have been abducted by insurgents in Mozambique, rights group says

    At least 120 children have been abducted by insurgents in Mozambique, rights group says

    June 25, 2025
    Russian attacks kill dozens of Ukrainians as Kyiv’s allies gather for a key NATO summit

    Russian attacks kill dozens of Ukrainians as Kyiv’s allies gather for a key NATO summit

    June 25, 2025
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 truthoffinancialworld.com | All Rights Reserved

    No Result
    View All Result
    • World News
    • Politics
    • Science
    • Business

    Copyright © 2024 truthoffinancialworld.com | All Rights Reserved