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Vietnam greenlights foreign CEO posts in state organizations (23/02)

06/08/2010 - 86 Lượt xem

The Vietnamese government will now allow foreigners to be appointed as CEOs at state-owned banks and business groups for the first time.

At a meeting held Thursday with the Bank for Investment and Development of Viet Nam (BIDV), Standing Deputy Prime Minister Nguyen Sinh Hung urged BIDV management to offer vacancies to high-caliber personnel, including competent foreigners, now eligible for the CEO post.

Earlier, the Ho Chi Minh City administration had also allowed state corporations to implement a trial model in which trustee boards could hire foreign CEOs.

Source: Thanhnien