Vietnamobile Telecommunications JSC (Vietnamobile) has appointed Christina Hui, a representative from Hong Kong’s Hutchison Group, as its new CEO, succeeding Elizabete Fong.— Photo ictnews.vnViet Nam News HÀ NỘI — Vietnamobile Telecommunications JSC (Vietnamobile) has appointed Christina Hui, a representative from Hong Kong’s Hutchison Group, as its new CEO, succeeding Elizabete Fong. Vietnamobile was expected to officially announce information about Hui on April 9 after finishing legal procedures, according to Dân trí online newspaper. Hui has more than 25 years experience of management and operations in the communications field and customer care. Before becoming Vietnamobile CEO, Hui served as the director of support for transformation and high senior staff at Hutchison Asia Telecommunications Group. Elizabete Fong worked for more than seven years at Vietnamobile. After leaving Vietnamobile, Fong will assume the position of Planning … [Read more...] about Vietnamobile appoints Christina Hui as new CEO
New ceo for cho tot
Vietnam Export-Import Bank (Eximbank) announced on March 22 that it appointed Luong Thi Cam Tu, a board member of Eximbank, as the new Chairwoman of the Eximbank’s Board of Directors in the 2015-2020 tenure to replace Le Quoc Minh, an independent Board member. Luong Thi Cam Tu, new Chairwoman of Board of Directors of Eximbank Eximbank has conducted the assessment and screening of candidates in a public and professional manner in accordance with international standards and the legal system regarding the appointment of the chairman of the Board of Directors. The Eximbank’s pioneering in using independent assessment tools compliant to international standards in corporate governance is a very positive signal, reflecting the bank’s expectations for achieving high standards, transparency and professionalism in governance. Luong Thi Cam Tu participated in the bank as a member of the board since April 2018. Despite her short time participation in the bank, her … [Read more...] about Eximbank announces new Chairwoman of Board of Directors
Nguyễn Việt Quang, general director of Vinfast (left) and Chase Carey, President and CEO of the Formula One Group, at the title sponsor announcement yesterday in Hà Nội. Photo vietnamnet.vn HÀ NỘI — VinFast, an automotive manufacturer in Việt Nam, was yesterday unveiled as the title sponsor of the 2020 Formula 1 Vietnam Grand Prix. The three-day event, which is scheduled for next April in Hà Nội, is now called the F1 Vinfast Vietnam Grand Prix. After the announcement ceremony, Vinfast is the latest and youngest sponsor of the world-class event, standing alongside many other international brands such as DHL, Pirelli, Rolex and Petronas. As the title sponsor, Vinfast will be invited to take part in the process of creating and designing the trophy and Vinfast representatives will present the silverware to the winner. “It is a chance for Vinfast, a Vietnamese auto manufacturer, to stand side-by-side with … [Read more...] about Vinfast announced as F1 Vietnamese GP’s title sponsor
HCM CIty Party Secretary Nguyễn Thiện Nhân tests Viettel's 5g network. With $4.3 milion in brand value, Viettel leads the top-50 most valuable local brands. — VNA/VNS Photo HÀ NỘI — The global independent firm of Brand Finance has ranked Viettel, VNPT and Vinamilk among the top three of the 50 most valuable local brands. The top 10 corporations contributed 68 per cent of the total value, while the bottom 10 contributed two per cent, according to information released at an event held by Mibrand Việt Nam and Brand Finance in Hà Nội on Wednesday. The brand value of the top 50 firms totalled US$18.9 million, an increase of 9 per cent from the previous ranking in 2017. On the list, the telecommunication industry accounted for 38 per cent, food and beverage 15 per cent, banks 11 per cent, beer 8 per cent, realty 7 per cent, and retail 5 per cent. … [Read more...] about Brand Finance announces top 50 most valuable brands in Việt Nam
All banks in the country have to adopt the standard version of Basel II and then switch to the advanced version by 2025. — Photo baokiemtoannhanuoc.vn In 2016 the State Bank set a deadline of January 1, 2020, for 17 banks to meet Basel II norms under a national banking sector development strategy. Also, by 2025 all banks in the country have to adopt the standard version of Basel II and then switch to the advanced version. Basel II is the second edition of the Basel Accords, which are recommendations on banking laws and regulations issued by the Basel Committee on banking supervision. It comprises minimum capital requirements, supervisory review and market discipline to enhance competition and transparency in the banking system and make banks more resistant to market changes. Basel II requires banks to have a capital adequacy ratio (CAR) of at least 8 per cent. However, the SBV has allowed 10 banks to adopt Basel II standards earlier than the 2020 deadline. They are Joint Stock … [Read more...] about Basel II deadline rapidly approaching, are banks on course to meet norms?