Mobifone names new chairman

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.