Vietnam president's ouster may hamper business, analysts say

Communist Party's corruption purge could clean up economy -- or stem innovation

20230127 Vietnam then President Nguyen Xuan Phuc

Vietnam's then-President Nguyen Xuan Phuc attends the APEC Economic Leaders' Meeting in Bangkok on Nov. 19. Experts fear the economy may slow following the sudden dismissal of the president. © Reuters

LIEN HOANG, Nikkei staff writer

HO CHI MINH CITY -- As Vietnam purges political and business leaders in an anti-graft campaign that peaked with a rare presidential ouster last week, a key question has arisen: How will this affect the global factory hub?

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