State President Nguyen Xuan Phuc resigns

By Bach Quang
Tue, January 17, 2023 | 4:19 pm GMT+7

The Party Central Committee has agreed to let Nguyen Xuan Phuc resign as a Politburo member, Party Central Committee member, and State President per his wish.

Phuc also steps down as Chairman of the National Defense and Security Council for the 2021-2026 term.

Former State President Nguyen Xuan Phuc. Photo courtesy of Vietnam News Agency.

Former State President Nguyen Xuan Phuc. Photo courtesy of Vietnam News Agency.

According to an announcement released by the commitee on Tuesday, Nguyen Xuan Phuc is a key leader of the Party and State. He was born into a family rich in revolutionary traditions, received adequate training, grew up from the grassroots, and was assigned by the Party Central Committee and the Politburo (the Communist Party's premier decision making body) to hold many important leadership positions in the Party and State."

"As Prime Minister for the 2016-2021 term, he made great efforts in leading, directing and administering the country's Covid-19 epidemic prevention and control works, achieving important results.

"However, as a top leader, Phuc has held political responsibility in letting many officials, including two Deputy Prime Ministers and three ministers, commit violations and shortcomings, causing very serious consequences," the release noted.

Previously, Deputy Prime Ministers Pham Binh Minh and Vu Duc Dam had resigned from their positions, while two ministers and many other officials have been handled per the Penal Code.

Aware of his responsibilities before the Party and people, Phuc submitted an application to resign from his positions and retire.

President Nguyen Xuan Phuc, 69, is a native of Quang Nam province. He has a bachelor's degree in economics. He was a Politburo member for three consecutive terms, Party Central Committee member for four consecutive terms, and National Assembly delegate for four terms.

After graduating from the Hanoi National Economics University, he returned to his hometown to work as an officer of the economic management board of Quang Nam- Danang province.

He was a specialist, deputy head and then head of the provincial People's Committee's Office; director of the provincial Department of Tourism cum chairman of the Furama Danang Tourist Area's board of directors; director of the provincial Department of Planning and Investment.

From 1997 to 2006, he was Vice Chairman of the provincial People's Committee cum head of the provincial Industrial Parks Management Board; Deputy Secretary of the provincial Party Committee; Chairman of the provincial People's Committee, chairman of the Union of Science and Technology Associations of Quang Nam province.

In March 2006, he became deputy inspector general of the Government; then Vice Chairman of the Government Office; then Minister, Chairman of the Government Office.

In August 2011, he was appointed Deputy Prime Minister and elected Prime Minister five years later by the National Assembly.

At the 13th National Congress in early 2021, Prime Minister Phuc was one of two "special cases" that the 12th Politburo re-elected. In April 2021, Phuc was appointed State President.

At the beginning of the 13th term, the Politburo had 18 members. After Deputy Prime Minister Pham Binh Minh and State President Nguyen Xuan Phuc resigned, the Politburo now has 16 members.

Comments (0)
  • Read More
China surpasses US as biggest importer of Vietnamese shrimp

China surpasses US as biggest importer of Vietnamese shrimp

China imported $834 million worth of Vietnamese shrimp last year, surpassing the U.S. to become the largest buyer of this item from Vietnam, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Economy - Mon, February 17, 2025 | 7:51 pm GMT+7

Malaysia, S Korea resume FTA talks

Malaysia, S Korea resume FTA talks

Malaysia and South Korea are set to hold their seventh round of negotiations for a bilateral free trade agreement (FTA) as they look to expand their trade portfolio and strengthen cooperation, according to the latter's Ministry of Trade, Industry and Energy.

Southeast Asia - Mon, February 17, 2025 | 5:23 pm GMT+7

Indonesia to launch new sovereign wealth fund this month

Indonesia to launch new sovereign wealth fund this month

Indonesia will launch a new sovereign wealth fund called Danantara this month, with an initial capital of around $20 billion.

Southeast Asia - Mon, February 17, 2025 | 5:19 pm GMT+7

Singapore's Billion Union builds $70 mln fabric factory in Vietnam

Singapore's Billion Union builds $70 mln fabric factory in Vietnam

Hong Kong-invested Thanh Hoa Billion Union Textile kicked off the construction of a $70 million factory in Vietnam’s central province of Thanh Hoa on Monday.

Industries - Mon, February 17, 2025 | 5:04 pm GMT+7

Vietnam’s construction ministry plans real estate exchanges for improved transparency

Vietnam’s construction ministry plans real estate exchanges for improved transparency

The Vietnamese Ministry of Construction is advancing a plan to establish real estate exchanges, similar to the stock market, in a bid to enhance transparency and efficiency in property transactions.

Real Estate - Mon, February 17, 2025 | 4:57 pm GMT+7

Vietnam plans to increase electricity imports from China, Laos by 2030

Vietnam plans to increase electricity imports from China, Laos by 2030

The Vietnamese Ministry of Industry and Trade (MoIT) aims to raise electricity imports from China and Laos by 3,000 MW and 2,500 MW by 2030, over 5 times and nearly 1.6 times higher than those stated in the current Power Development Plan VIII (PDP VIII), respectively.

Energy - Mon, February 17, 2025 | 4:14 pm GMT+7

Vietnam urges Turkish contractor to speed up mega Long Thanh airport's terminal construction

Vietnam urges Turkish contractor to speed up mega Long Thanh airport's terminal construction

Türkiye-based IC ICTAS, the lead contractor of the passenger terminal within the under-construction Long Thanh International Airport, should speed up the construction of the package, said Vietnamese Deputy Prime Minister Tran Hong Ha.

Infrastructure - Mon, February 17, 2025 | 3:27 pm GMT+7

Vietnam tech giant FPT to provide high-quality AI human resources

Vietnam tech giant FPT to provide high-quality AI human resources

With the groundbreaking of an inter-level school on Sunday, FPT Corporation is completing its education system from elementary to university levels in the south-central province of Binh Dinh, to provide high-quality human resources, particularly in AI.

Companies - Mon, February 17, 2025 | 11:32 am GMT+7

Japan pneumatics firm SMC to start $330 mln Vietnam expansion from July

Japan pneumatics firm SMC to start $330 mln Vietnam expansion from July

SMC Manufacturing Vietnam, under Japanese pneumatic instrument producer SMC, aims to start its $330 million expansion in Vietnam from July.

Industries - Mon, February 17, 2025 | 10:47 am GMT+7

Institutional breakthroughs to provide solid foundation for heightened business confidence: economists

Institutional breakthroughs to provide solid foundation for heightened business confidence: economists

At a meeting of the National Assembly's Economic Committee in early February, the government proposed the 2025 GDP growth be "8% or more", instead of 6.5-7% set last November. The Investor introduces opinions of some leading Vietnamese economists on this proposed target.

Economy - Mon, February 17, 2025 | 8:02 am GMT+7

Vietnam consumer credit enters new growth cycle

Vietnam consumer credit enters new growth cycle

After the decrease in consumer capital demand, negative growth, and peaking bad debts in 2023, Vietnam’s consumer financial market is entering a new growth cycle, backed by positive signs from the macroeconomic environment.

Finance - Sun, February 16, 2025 | 3:19 pm GMT+7

Vietnam property investors seek new opportunities in provincial markets

Vietnam property investors seek new opportunities in provincial markets

Real estate investors in Vietnam, both individuals and organizations, are shifting their investments from city centers to suburban regions and neighboring provinces where land remains abundant and significant investments are being made in infrastructure, particularly in transportation.

Real Estate - Sun, February 16, 2025 | 2:00 pm GMT+7

Five Vietnam pilgrimage destinations perfect for spiritual seekers: Booking.com

Five Vietnam pilgrimage destinations perfect for spiritual seekers: Booking.com

Booking.com, the world's leading digital travel company, has suggested some destinations in Vietnam for those seeking spiritual enrichment and a chance for reflection and connection, including Ba Den mountain and Bai Dinh pagoda.

Travel - Sun, February 16, 2025 | 10:59 am GMT+7

Malaysia takes the lead in data center development

Malaysia takes the lead in data center development

Malaysia is making efforts to align with the global trend towards digitalization, which is driving demand for data centers, cloud computing, blockchain, and artificial intelligence (AI).

Southeast Asia - Sun, February 16, 2025 | 10:57 am GMT+7

WB sees Thai fiscal risks mounting due to spending surge

WB sees Thai fiscal risks mounting due to spending surge

Thailand’s pursuit of an expansionary fiscal policy strategy to propel growth faces the risk of rising costs for elderly care, investment and the need to keep public debt level to sustainable levels, according to the World Bank.

Southeast Asia - Sun, February 16, 2025 | 10:41 am GMT+7

Vietnam mining stocks rally amid global trade tension

Vietnam mining stocks rally amid global trade tension

Shares of Vietnam’s mining companies have rallied since early this month, fueled by heightened global trade tensions following the start of Donald Trump’s second term as the U.S. president.

Finance - Sun, February 16, 2025 | 10:36 am GMT+7