The Vietnamese Communist Party on Wednesday accepted the resignation of President Vo Van Thuong "on a personal matter", state media reported, in a sign of political turmoil that could hurt foreign investors' confidence in the country.

The Central Party Committee, a top decision-making body in Communist Party-ruled Vietnam, approved Thuong's resignation just about a year after his election. (Reporting by Phuong Nguyen; Editing by Kanupriya Kapoor)