In 2007, Thien Viet invested VND27.8 billion ($1.2 million) in M_Service, the developer of MoMo e-wallet. With 918,404 shares, Thien Viet holds 5.97 percent of M_Service’s charter capital. After the deal with Mizuho, the value of M_Service shares owned by Thien Viet will be VND2.9 trillion ($120 million) or 100 times higher.

Thien Viet Securities Chairman is Nguyen Trung Ha, was a mathematics majoring student of Hanoi-based Chu Van An High School and a member of the national team attending international mathematics competitions.

Ha is one of the founding members and strategists of FPT, the country's largest information technology firm. He once held the post of chief finance officer of the group in 1988-1993.

In 1998, Ha began doing business on his own when setting up Togi, a real estate firm. In 2007, he became one of the founders of Thien Viet Securities and has been chairman since then.

FLC has new president

At an extraordinary general meeting of shareholders held some days ago, Le Ba Nguyen was elected chair of FLC Board of Directors, while Bui Hai Huyen was named permanent deputy chair and Dang Tat Thang deputy chair for the 2021-2026 tenure.

The newly-elected chair has 17 years’ experience in business administration after he held the posts of managers and high-ranking leaders at many enterprises. He was a member of FLC’s board of directors from 2013 to October 2017 and from June 2018 to June 2020, while concurrently holding the post of chair of board of directors of Ha Thanh Medical Services Corporation and ATS Pharmaceutical Group JSC.

As such, the board of directors of FLC comprises of five members, including Le Ba Nguyen, chair of the board of directors, Bui Hai Huyen, Dang Tat Thang, Doan Huu Doan and Le Thai Sam.

Vinacafe Bien Hoa CEO resigns 

According to Vinacafe Bien Hoa, CEO Le Huu Thang has resigned since June 30.

Thang began as CEO of Vinacafe Bien Hoa in April 2021. For 8.5 months there, Thang received VND19.5 billion of remuneration, or VND2.2 billion a month.

Thang, 56, has 25 years of experience in the fast moving consumer goods sector and once held important positions in research and development, and operation of coffee production and processing complexes at multi-national corporations in the US, Switzerland, Australia, Russia, Thailand and Vietnam.

Da Nang House has new key personnel

Da Nang House (NDN) has approved the change in the post authorized to disclose information. Hoang Yen Ninh, secretary, has replaced Tran Nhat Thao to take this responsibility.

NDN has dismissed Tran Viet Em from his duties as member of the supervisory board and elected Nguyen Dinh Minh Huy to the post, starting on July 1.

Earlier, it approved the dismissal of deputy chair and CEO Nguyen Quang Trung, who was replaced by Trung’s son - Nguyen Quang Minh Khoa - on December 8, 2021.

On December 7, 2021, the Da Nang Police filed charges against Trung and detained him for four months for the behavior of "violating the regulations on asset management thus causing losses and waste".

Angimex (AGM) has new chair

At an extraordinary general meeting of shareholders of An Giang Import and Export JSC (AGM), Nghiem Hai Anh was appointed chair of tge board of directors to replace Trinh Van Bao, who resigned for personal reasons.

Angimex’s board of director now comprises five members, including the newly appointed chair, Vu Ngoc Long (chair of Louis Hoildings), Ho Dang Dan, Le Tien Thinh and Vo Kim Nguyen.

Louis Holdings, the parent company holding more than 51 percent of Angimex’s capital, has appointed Anh as its deputy CEO.

Duy Anh