Viettel to get new chairman

Colonel Tao Duc Thang is set to take over as chairman and CEO of military-owned telecom giant Viettel from Le Dang Dung, who retires on December 31.

Thang, 48, who has been the deputy CEO since 2015, has an M.A. in electronics and communications and worked for Hanoi Phone Company and Hanoi Post before joining Viettel in 2005.

He has held several key positions since, including as CEO and chairman of Viettel Global, which manages the company’s overseas businesses.

Viettel, the country’s largest telecom company with operations in nine countries in Southeast Asia and Africa, reported pre-tax profits of VND19.9 trillion ($867.2 million) for the first half of 2021, a year-on-year increase of 3.1 percent.