The Prime Minister has appointed Nguyen Manh Hung as the new chairman cum general director of Viettel Military Industry and Telecoms Group, starting June 14, 2018.

Hung is a member of the Party Central Committee and the Central Military Commission and has been working as general director of the group since March 1, 2014.

Born in 1962, Hung is an Australian Business Alumni with a master’s degree in telecommunications from the University of Sydney. He also holds a master’s degree in business administration from the National Economics University in Ha Noi.

Hung is considered the captain of Viettel, having found success in the strategy of bringing telecommunication services to rural areas, popularising mobile phones in the past and currently developing the defence industry.

He will be the first chairman of Viettel, following Decree No.05/2018/ND-CP on the organisation and operating charter of the parent company---Military Telecom (Viettel Group)---issued by the Government early this year.

This decree provided Viettel’s management structure, including chairman, general director, deputy general directors, control units, chief auditor, assistance device and internal control. Viettel’s chairman will also assume the position of the company’s general director.

According to the decree, the parent company, Viettel Group, is a defence and security company with 100 per cent charter capital owned by the State. It is in charge of all parts of the Central Military Commission and carries out political, military and defence tasks commissioned by the State and the Ministry of Defence in accordance with the law.

As of January 5, 2018, Viettel’s charter capital was VND121.52 trillion (US$5.3 billion). — VNS