On July 10, 2025, Viet Phat Import-Export Trade Investment Company (MCK: VPG) announced the receipt of resignation letters from Mr. Nguyen Van Duc, Board Member and CEO, citing personal reasons. Mr. Duc has held the position since August 2020. Additionally, Board Members Mr. Nguyen Van Binh and Mr. Chu Tuan Anh also submitted resignations, with Mr. Tuan Anh having just been elected in April 2025. These resignations are expected to be approved at the extraordinary general meeting on July 31, 2025. Meanwhile, VPG was also fined a total of 235 million VND by the State Securities Commission for violation of information disclosure, including late reporting and misleading disclosures related to transactions with affiliated companies.
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