The Vietnamese government recently unleashed a rare anti-corruption storm that has continued to ferment to this day. The latest news shows that Vietnamese President Nguyen Xuan Phuc announced his resignation. According to Vietnamese media, Nguyen Xuan Phuc was accused of being responsible for "irregularities" and "misconduct" by government officials.
(Former President Nguyen Xuan Phuc of Vietnam)
Shortly after entering 2023, Vietnam launched an internal anti-corruption campaign, which culminated in the dismissal of two deputy prime ministers, Vu Duc Dan and Pham Binh Minh. Judging from the information released by the Vietnamese side, the reason why the two of them will step down is because they are involved in two major cases, "evacuating overseas Chinese and asking for bribes" and "collusion between officials and businessmen" that were exposed during the epidemic. The removal of the two also proves from the side that the Vietnamese government has obtained some key evidence, and they do have serious violations of discipline and even law.
(Former Deputy Prime Minister of Vietnam Pham Binh Minh)
According to Vietnamese officials, Mr. Xuanphuc, 68, realized that he was ultimately responsible for the wrongdoing of numerous officials, including two deputy prime ministers and three ministers. He therefore applied for resignation, resignation and retirement.
From the perspective of Vietnam's national leadership system, the four positions of Party General Secretary, President of the People's Republic of China, Prime Minister and President of the National Assembly together form a leading collective, also known as the "Four Troika". Then Nguyen Xuan Phuc is the second most important person in Vietnam, second only to Party General Secretary Nguyen Phu Trong. Now, this anti-corruption storm has "blown down" Vietnam's head of state, and it is impossible to overstate it as a "political earthquake".
(Former Deputy Prime Minister of Vietnam Vu Duc Dan)
But then again, Nguyen Xuan Phuc's resignation over corruption still has some room for consideration. Of course, this refers to whether resignation is the best way to deal with anti-corruption issues. But this can also be seen that Nguyen Xuan Phuc is still a responsible, courageous and courageous leader, which is not an ordinary politician, can be called a politician. Vietnam's economy has achieved rapid development over the years, and it has also shown a thriving appearance. From this point of view, Vietnam has indeed emerged a number of excellent politicians. In fact, the current leadership of Vietnam, or the recent leadership team, is very bold, vigorous and thoughtful.
Vietnam has always wanted to be the next factory of the world. Since Nguyen Xuan Phuc assumed the presidency in 2021, Vietnam has accelerated pro-business policy reforms. He is also Vietnam's highest-ranking official in charge of a comprehensive anti-corruption campaign. His resignation, as some political analysts in Vietnam fear, would have some impact on anti-corruption efforts. The change in leadership could also cause political instability, and it is unclear who will take over as Vietnam's president. In addition, whether Nguyen Xuan Phuc's pro-business policy will change also worries foreign investors.
If you are not clear about the policy, you will choose to wait and see, which will directly affect Vietnam's economic development. Therefore, if Nguyen Xuan Phuc can make more follow-up arrangements before choosing whether to resign, or wait until a successor is selected to complete the handover, the negative impact may be smaller.
In any case, the anti-corruption storm in Vietnam is intensifying. One Jeongguo level and two vice-national officials fell, and a large number of ministerial-level and vice-ministerial officials were implicated, and the strong shock in Vietnamese politics continued. It can be said that Ruan Xuan Phuc has already made the decision to "break the wrist of a strong man", then the next successor may continue to "scrape the bones and cure poison".
(General Secretary of the Vietnamese Party Nguyen Phu Trong)
In this context, when the leader of the Communist Party of Vietnam Nguyen Phu Trong visited China, he signed a large number of cooperation agreements with China, will these cooperation be affected? In recent years, foreign capital has set off a wave of investment and factory construction in Vietnam, but due to its own volume and incomplete production and supply chain, Vietnam still needs China's help in industrial production. China has a complete industrial system that can promote the development of Vietnam's manufacturing industry. The Vietnamese side has a clear understanding of this.
Therefore, during his visit to China, Nguyen Phu Trong made it clear that he would make the development of cooperation with China a top priority, and signed cooperation agreements with China in many fields such as economy and trade, environmental protection, and cultural tourism. At the same time, China and Vietnam also reached a series of consensuses to strengthen bilateral communication, promote mutual trust between the two countries, and most importantly, jointly manage the existing differences between the two sides, such as territorial disputes in the South China Sea.
Generally speaking, Sino-Vietnamese relations are becoming more and more inseparable, and the two countries are both socialist countries and have ruling parties of the same nature, which are difficult to compare with the bilateral relations of other countries. Therefore, no matter how Vietnam's political scene shakes, as long as its ruling party remains unchanged and the nature of the country remains unchanged, it will basically not have a subversive impact on Sino-Vietnamese relations and cooperation between the two countries.