Senior Management Changes at Vietnamese Financial Institutions
Nam A Bank has announced the appointment of Mr. Nguyen Hai Dang as Deputy General Director. The tenure of the appointment is for 12 months. Prior to this role, Mr. Dang served as the bank’s Director of Retail Banking.
With this appointment, Nam A Bank’s management board now comprises eight members, including Mr. Tran Khai Hoan, the Acting General Director, and seven deputy general directors.
Meanwhile, Military Bank (MB) has appointed Mr. Nguyen Xuan Hoc as Deputy General Director and Chief Information Officer. Mr. Hoc, born in 1980, is currently a member of the MB Group’s Executive Committee and serves as its Chief Information Officer. His term will last for five years, starting from the beginning of July 2024.
MB’s management board now consists of 14 members, including Mr. Pham Nhu Anh as the General Director, six deputy general directors, and other members.
Personnel changes at banks and securities companies. Source: Nam A Bank
In other news, VPBank Securities (VPBankS) has announced the resignation of Mr. Nguyen Duy Linh from his position as Chairman of the Board of Directors. Mr. Linh will continue to serve as the General Director of the securities company.
These management changes come ahead of the 2024 banking shareholder season, which has also seen a number of high-level personnel changes at various banks.
The most extensive bribery case ever in Thanh Hoa: Numerous suspects prosecuted for “Giving and Receiving Bribes”
The Provincial Security Investigation Agency (PSIA) of Thanh Hoa province announced on January 31st that it has made the decision to initiate a prosecution against 23 individuals in connection with the offenses of “Accepting bribes” and “Giving bribes” as stipulated in Article 354(3) and Article 364(2) of the Criminal Code.
Accelerating disbursement of the 120 trillion VND credit package for social housing
Deputy Prime Minister Trần Hồng Hà has recently issued directives regarding the implementation of the 120,000 billion VND credit package for investors and buyers of social housing, workers’ housing, and projects for the renovation and construction of apartment buildings.
“Prosecution of government officials, land registration officers, and tax department employees in the largest bribery case ever”
The Thanh Hoa Police Investigative Agency has initiated legal proceedings against 23 individuals involved in the crimes of “Bribery” and “Receiving bribes”. This is the largest bribery case in terms of the number of suspects ever discovered and apprehended by the Thanh Hoa Police.
Mobile World achieves revenue of VND118,000 trillion: TVs, tablets, and phones all decrease by 10% – 50%, while one product grows in both quantity and revenue.
Mobile World Investment Corporation (MWG) has recently announced its 2023 business results. According to the report, the company’s consolidated revenue reached over 118 trillion Vietnamese dong, equivalent to 89% of the revenue in 2022.
Vietnam’s Irresistible ‘Specialty’ That China Desperately Wants to Revive: Highly Popular from the US to Asia, Bringing in Millions of Dollars
Vietnam is one of the largest exporting countries in the world, along with China and the Philippines.
