The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank-coded VCB) has just announced the 11th annual general meeting (AGM) in 2018.
Accordingly, the final registration date for exercising the right to attend the AGM 2018 will be on March 15, 2018. It is expected that this year, the AGM will be organised on April 27, 2018 at the National Convention Centre in Hanoi.
The contents of the meeting includes the report of the Board of directors about operations in 2017 and directions for 2018, the report of the Board of directors summarising 2013-2018 term, and direction for the new term 2018-2023, the report of the Executive Board on 2017 business operation and direction for 2018.
At the same time, the meeting will submit plans for profit distribution and provision for funds in 2017, the remuneration for members of the Board of directors and Control Board in 2018. This year’s annual general meeting has another important content that is to elect members for the Board of directors and Control Board for 2018-2023 term.
Vietcombank’s current board of directors includes eight members, of which, Nghiem Xuan Thanh is the Chair of the Board while remaining members include Pham Quang Dung, Nguyen Thi Dung, Nguyen Manh Hung, Nguyen My Hao, Eiji Sasaki, and Pham Anh Tuan.
The Control Board now has four members who were appointed in April 2013, including Truong Le Hien the Department Head, and the remaining members were La Thi Hong Minh, Do Thi Mai Huong and Vu Thi Bich Van.
In 2017, Vietcombank earned more than 11.3 trillion dong pre-tax profit, up 32.9 percent from 2016, completing 116 percent of the 2017 plan and being the highest figure ever. The capital mobilisation of the bank reached 889.724 trillion dong, up 38.7 percent from 2016. The outstanding credit touched 553.053 trillion dong, up 17.2 percent from 2016.
