HANOI, Vietnam (AP) — Vietnam's Vice President Vo Thi Anh Xuan will serve as acting president after the previous president's resignation a year into the...
Analysts said a permanent candidate was unlikely to be selected soon, underscoring the growing concerns among foreign investors about political instability in the Southeast Asian nation that is a growing manufacturing hub and sits at the middle of the U.S.-China competition for global influence.
That the youngest president in Vietnam's modern history, once considered the protege of Communist Party chief Nguyen Phu Trong, 79, became its shortest-tenured is a “political earthquake,” said Nguyen Khac Giang, an analyst at Singapore’s ISEAS-Yusof Ishak Institute. Concerns about Trong's health mean the largely ceremonial position of the president is crucial. The position is ranked third in terms of political power but is second in the official hierarchy and in line for the top job, Giang said.“Until now, no one ... wanted to take the presidency position as it lacked power. But at the same time, that position will put someone in a very good position to run for the next party's leadership position,” he said.
Police are investigating two projects by the Phuc Son Group and say they've found evidence of tax evasion of over $14 million, including the redevelopment of an old U.S. air base. Fox Business NetworkFox Business Network host Larry Kudlow asked Shark Tank star Kevin O’Leary point-blank on Tuesday if he’d loan Donald Trump nearly a half-billion dollars in order to appeal the ex-president’s New York bank fraud case, saying it would “protect America’s name.”O’Leary essentially ignored Kudlow’s plea, despite saying hours earlier that the penalty against Trump was an “attack on America.
Photo Illustration by Elizabeth Brockway/The Daily Beast/GettyDonald Trump’s golf club in Bedminster, New Jersey, paid $82,500 last week to settle a lawsuit alleging that it had silenced a sexually harassed waitress by tricking her into an unfair hush money deal, according to the ex-employee’s lawyer.But the curiously worded contract left the former president’s own attorney Alina Habba—a rising star in his orbit—wide open to getting sued herself.
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