Becamex IDC unexpectedly dismisses CEO who has held the position for 7 years, appoints an old employee as his replacement

On June 24, Becamex IDC (BCM) announced the dismissal of CEO Pham Ngoc Thuan, who held this position since October 2018. Thuan will still serve as Vice Chairman of the Board of Directors. He is replaced by Nguyen Hoan Vu, effective June 24, 2025. Born in 1966, Thuan has been with the company since 2005, contributing significantly to maintaining Becamex IDC’s leadership in the industrial infrastructure sector in Binh Duong.