Head of Vietnam stock exchange sacked - News Summed Up

Head of Vietnam stock exchange sacked


An electronic stock ticker displays share prices at the Ho Chi Minh Stock Exchange in Ho Chi Minh City. (Bloomberg File Photo)HANOI: Vietnam has fired the head of the Ho Chi Minh Stock Exchange, the government said on Saturday, as the country intensifies a long-running crackdown on officials it accuses of graft. Tra’s dismissal follows that of State Securities Commission Chairman Tran Van Dung on Thursday for committing “serious wrongdoings”. The finance ministry on May 19 also took disciplinary action in the form of warnings against Vu Bang, former securities commission chairman; Nguyen Thanh Long, chairman of the members’ council of the Vietnam Stock Exchange; and Nguyen Son, chairman of the Vietnam Securities Depository. The regulator also put Hanoi-based Kenanga Vietnam Securities JS Corporation under special control between May 19 and Sept 18, it said without citing reasons.


Source: Bangkok Post May 21, 2022 19:59 UTC



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