Deputy Governor of the State Bank of Vietnam, Pham Tien Dung, appoints Mr. Dang Dinh Thich as the new Acting General Director of VAMC. Source: SBV.

Prior to joining VAMC in 2013, Mr. Thich held several leadership positions, including Director and Party Secretary of VPBank’s Ha Tinh branch, and Head of Transaction Office at Vietcombank’s Ha Tinh branch. From 2018 onwards, he served as VAMC’s Deputy General Director.

Speaking at the ceremony, Deputy Governor Pham Tien Dung congratulated Mr. Dang Dinh Thich and emphasized that this appointment reflects the high trust and confidence placed in him by the Party Committee and the leadership of the State Bank of Vietnam.

Mr. Pham Tien Dung noted that managing a state-owned special company like VAMC is a challenging task that demands a strong sense of responsibility, steadfast resolve, and agile leadership. The VAMC leadership is tasked not only with ensuring the company’s development and transparent, efficient operations but also with building a stable financial foundation to sustain a talented workforce and support the company’s long-term growth strategy.

As a unique enterprise, VAMC is organized as a limited liability company wholly owned by the State, with financial and salary mechanisms following the special-grade state-owned enterprise regime.

VAMC serves as a special tool of the State to facilitate the swift resolution of bad debts, fostering financial health, mitigating risks for credit institutions and enterprises, and promoting rational credit growth in the economy. The company operates on a cost-recovery basis without profit-seeking objectives.

Nhat Quang

– 20:04 05/06/2025

You may also like

Former Chairman and CEO of Bac Giang Tobacco and Foodstuffs Company Arrested.

The Bac Giang Police Investigation Agency has just decided to prosecute and arrest the former Chairman of the Board of Directors and General Director of Bac Giang Tobacco and Food Joint Stock Company.

The Power Player: Unraveling the Story of the ‘Heart’ of Vietnam’s Electricity Industry and Its Journey to Independence from EVN

Introducing Mr. Nguyen Duc Ninh, the interim CEO of NSMO – the national electricity and market operator. With a wealth of experience in the energy sector, Mr. Ninh steps up from his role as Director of the National Power Dispatch Center (A0) to lead NSMO through an exciting and pivotal time in the industry. A seasoned professional, Mr. Ninh is known for his expertise and fluency in all things energy-related, and his leadership will undoubtedly steer NSMO towards a brighter and more sustainable future.

The Road to Recovery: VIMC’s Pre-Extraordinary General Meeting Success in Eliminating Accumulated Losses of VND 240 Billion, Setting the Stage for State Capital Divestment to 65%

At the 2024 Annual General Meeting of Shareholders, the Vietnam Maritime Corporation (VIMC) announced that it had successfully wiped out accumulated losses of nearly VND 240 billion. At the upcoming Extraordinary General Meeting of Shareholders on July 22nd, VIMC is expected to approve amendments to its business lines and charter, along with other key agenda items.

The Great Saigon Real Estate Heist: $2 Million Lost as Former Executives Face Justice

Despite explicit instructions from the People’s Committee of Ho Chi Minh City, former leaders of the Saigon Real Estate Corporation went ahead with the sale of three prime city-center locations to external parties, resulting in a staggering loss of over VND 45 billion. This unauthorized transaction highlights a blatant disregard for protocol and has led to severe financial consequences for the city.