CIC Group Joint Stock Company (stock code CKG) has announced changes in its board leadership and legal representative. Effective December 10, 2025, Mr. Tran Tho Thang has been relieved of his duties as Chairman of the Board of Directors (BOD). Concurrently, Mr. Nguyen Xuan Dung, a current BOD member (2021-2026 term), has been appointed as the new Chairman. Mr. Dung, who holds 9.62% of CIC Group’s chartered capital, also serves as the company’s legal representative and is its largest shareholder.
CIC Group’s project in Kien Giang
On the same day, Vietnam Electrical Construction Joint Stock Corporation (VNECO – stock code VNE) announced personnel changes and resolutions from its Shareholders’ Meeting. Mr. Tran Phi Hoang and Mr. Do Thanh Khiet have stepped down from the BOD, while Mr. Nguyen Duy Loi has relinquished his role as Head of the Supervisory Board. The company also approved a monthly salary of 70 million VND for the BOD Chairman.
TMT Motor Joint Stock Company (stock code TMT) announced that Mr. Bui Quoc Cong, Deputy Chairman of the BOD and Acting Deputy General Director, has resigned from his position as Acting Deputy General Director.
OCB Secures Double Victory: Corporate Governance Award and Top 10 Sustainable Business Recognition
In a rapidly evolving market landscape, regulatory standards in the financial sector are becoming increasingly stringent. Amidst this challenging environment, Orient Commercial Bank (OCB) has once again distinguished itself through its exceptional performance. OCB stands as the sole bank to be honored with the “Outstanding Progress in Corporate Governance” award at VLCA 2025, while also securing a place in the Top 10 Sustainable Enterprises in Vietnam (CSI 2025). These accolades underscore OCB’s unwavering commitment to excellence and sustainability in the financial industry.
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CIC Group (CKG – HOSE) has announced a leadership transition, appointing Mr. Nguyễn Xuân Dũng as the new Chairman of the Board of Directors, succeeding Mr. Trần Thọ Thắng.
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With institutional reforms and enhanced legal frameworks, Vietnam’s M&A market is increasingly focused on governance and transparency.
Identifying Bad Businesses vs. Good Businesses in Bad Situations
Distinguishing between a “bad business” and a “good business in a bad situation” is critical, according to experts. This distinction is the pivotal factor that determines the success or failure of a restructuring deal.
Vinamilk Solidifies Its Leadership in ESG Excellence
Vinamilk solidifies its pioneering position with a series of prestigious awards in sustainable development and corporate governance in 2025. From the Listed Company Awards (VLCA) 2025 to the Vietnam Sustainability Index (CSI) 2025, the company consistently garners recognition across key categories, underscoring its robust ESG strategy implemented with tangible impact and aligned with long-term competitive capabilities.
