State Bank of Vietnam appoints Tran Trung Dung as Chair of the Vietnam Asset Management Company for a five-year term

The State Bank of Vietnam has issued a decision transferring and appointing Tran Trung Dung, acting Chief Executive Officer of the Credit Information Center, as Chair of the Members’ Council of the Vietnam Asset Management Company (VAMC). The appointment is for five years from the date of transfer and appointment and takes effect from the date the decision is signed. At the appointment ceremony, Deputy Governor Nguyen Ngoc Canh said the leadership change was intended to strengthen VAMC’s management capacity. He called on VAMC to modernise its operating methods and ensure asset management and debt trading activities run smoothly and in compliance with applicable rules and laws, including completing the legal basis for the company’s legal representative to support operational implementation.