<p>Hanoi: The party chief of <a href="https://www.deccanherald.com/tags/vietnam">Vietnam's </a>capital city Hanoi, Dinh Tien Dung, has resigned, the government said on Wednesday, marking the latest top official to exit as the ruling Communist Party carries out a major reshuffle.</p><p>Dung, 63, a former finance minister, was found by the party to be responsible for violations committed at the finance ministry during the 2016-2021 period, the government said in a statement.</p><p>Dung is a member of the Politburo, the most powerful decision-making body in the Southeast Asian country.</p>.Italy approves disputed reform to grant more powers to regions.<p>It was not clear whether Dung would be removed from the Politburo, which has seen six of its members leaving since late 2022 amid an intensified anti-graft crackdown and a major leadership reshuffle.</p><p>The government statement said the ministry of finance, in its 2016-2021 term, failed to properly manage the issuance and trade of some corporate bonds, while some ministry officials broke party rules.</p><p>"The violations and shortcomings of the ministry for the 2016-2021 term have caused serious and irreparable consequences, leading to significant losses to the state budget and hurting bond investors," the statement said.</p><p>The government said the Politburo had agreed to let Dung step down. </p>
<p>Hanoi: The party chief of <a href="https://www.deccanherald.com/tags/vietnam">Vietnam's </a>capital city Hanoi, Dinh Tien Dung, has resigned, the government said on Wednesday, marking the latest top official to exit as the ruling Communist Party carries out a major reshuffle.</p><p>Dung, 63, a former finance minister, was found by the party to be responsible for violations committed at the finance ministry during the 2016-2021 period, the government said in a statement.</p><p>Dung is a member of the Politburo, the most powerful decision-making body in the Southeast Asian country.</p>.Italy approves disputed reform to grant more powers to regions.<p>It was not clear whether Dung would be removed from the Politburo, which has seen six of its members leaving since late 2022 amid an intensified anti-graft crackdown and a major leadership reshuffle.</p><p>The government statement said the ministry of finance, in its 2016-2021 term, failed to properly manage the issuance and trade of some corporate bonds, while some ministry officials broke party rules.</p><p>"The violations and shortcomings of the ministry for the 2016-2021 term have caused serious and irreparable consequences, leading to significant losses to the state budget and hurting bond investors," the statement said.</p><p>The government said the Politburo had agreed to let Dung step down. </p>