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Telecom

Mobifone names new chairman

By Wei ZhangVietnam
1 min read
mobifone vietnam
mobifone vietnam
In this article (4)

Telecom giant Mobifone has named Nguyen Hong Hien as its new chairman until 2027.

Hien, 48, replaces Nguyen Manh Thang, who becomes a board member at the state-owned Vietnam Posts and Telecommunications Group (VNPT).

Prior to joining Mobifone, he was head of the technology and infrastructure department at the Commission for Management of State Capital at Enterprises, and worked at State Capital Investment Corporation from 2007.

In 2021, Mobifone posted pre-tax profits of VND4.96 trillion ($213.8 million) on revenues of VND31 trillion.

It expects revenues to slightly increase to VND31.36 trillion this year, but profits to drop to VND4.7 trillion.

Questions & Answers

Q.

What was Nguyen Hong Hien's professional background before joining Mobifone?

A.

Before Mobifone, he led the technology and infrastructure department at the Commission for Management of State Capital at Enterprises. He also worked at State Capital Investment Corporation for several years starting in 2007.

Q.

What are Mobifone's financial projections for the current year?

A.

Mobifone anticipates a slight increase in revenues to VND31.36 trillion for the current year. However, pre-tax profits are expected to decrease, falling to VND4.7 trillion.

Q.

Where will the previous chairman, Nguyen Manh Thang, be moving to?

A.

Nguyen Manh Thang will be taking up a new position as a board member. He will be joining the state-owned Vietnam Posts and Telecommunications Group (VNPT).

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