Mr. Le Hong Minh returns to the 'hot seat' of VNG's board of directors

DNVN - VNG Corporation (VNG) announced on November 25th that Mr. Vo Sy Nhan has officially resigned from his position as Chairman of the Board of Directors of VNG effective November 22nd, 2024, at his own request. Mr. Le Hong Minh, the founder of VNG, will succeed him in this position and will be the legal representative of the company.

In addition, in order to comply with current regulations for public companies, the Board of Directors also voted to dismiss Mr. Le Hong Minh from the position of General Director. Mr. Le Hong Minh will continue to manage VNG's overall operations as Chairman of the Board of Directors and legal representative.

Mr. Le Hong Minh - Chairman of the Board of Directors of VNG.

Mr. Le Hong Minh previously served as Chairman of the Board of Directors of VNG for nearly two years (from January 1, 2023). He was honored as one of the 10 most influential leaders in the Vietnamese Internet (2007-2017) and received a Certificate of Merit from the Prime Minister for his positive contributions to the development of the technology sector in 2014.

Mr. Vo Sy Nhan was appointed Chairman of the Board of Directors of VNG in December 2022. He is currently the CEO of Empire City and co-founder and CEO of GAW NP Capital.

In the first nine months of 2024, VNG recorded cumulative revenue of VND 6,982 billion, adjusted net profit from business operations of VND 202 billion, and contributed over VND 700 billion to the state budget. The company also reported strong performance from value-added services and AI products, while experiencing positive revenue growth from its corporate client group and international markets.

In 2023, VNG was also among the Top 30 private enterprises contributing the most to the state budget with 1,132.5 billion VND.

Nguyen Duc

Source: https://doanhnghiepvn.vn/doanh-nhan/doanh-nghiep-24h/ong-le-hong-minh-quay-tro-lai-ghe-nong-chu-tich-hoi-dong-quan-tri-vng/20241125111714720