VNG Corporation (VNG) has just announced that Mr. Vo Sy Nhan will officially resign from the position of Chairman of the Board of Directors (BOD) of VNG from November 22, 2024 according to his personal wishes. Mr. Le Hong Minh, Founder of VNG, will succeed this position and be the Legal Representative of the Company.
In order to comply with current regulations for public companies, the Board of Directors of the Company also voted to dismiss Mr. Le Hong Minh from the position of General Director. Mr. Le Hong Minh continues to manage the general operations of VNG as Chairman of the Board of Directors and Legal Representative.
Mr. Vo Sy Nhan was appointed as Chairman of the Board of Directors of VNG from December 2022. He is currently the CEO of Empire City, co-founder and CEO of GAW NP Capital fund.
Mr. Le Hong Minh founded Vinagame (the predecessor of VNG) in 2004. He was honored as one of the 10 most influential leaders in Vietnam Internet (2007 - 2017) and was honored to receive a Certificate of Merit from the Prime Minister for his positive contributions to the development of the technology sector in 2014.
In the first 9 months of 2024, VNG recorded accumulated revenue of VND 6,982 billion, adjusted net profit from business operations of VND 202 billion, contributing more than VND 700 billion to the State budget. The company also recorded good performance from value-added services and AI products, while also seeing positive revenue growth from corporate customers and international markets.
In 2023, VNG will also be in the Top 30 private enterprises contributing the most to the state budget with VND 1,132.5 billion.
Source: https://www.vng.com.vn/news/press-release/vng-bo-nhiem-ong-le-hong-minh-lam-chu-tich-hdqt.html
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