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On May 12, TCAP Securities Joint Stock Company (TVB) announced leadership changes at the highest level, appointing both the Chairman of the Board and the Chief Executive Officer simultaneously.
TVB relieved the Chairman of the Board, Mrs. Nguyen Thi Hang, from her position, while she will remain on the Board of Directors. After stepping down as Chairman, Ms. Hang was appointed to the vacant position of Chief Executive Officer, with a term through 2031.
Ms. Hang has served as Chairman since March 2024. She is also Chairman of the Board of TCAP Asset Management Group JSC (T-Corp), the unit that owns 72.78% of TVB. In addition, she is CEO of Tung Tri Viet LLC, which holds 16.66% of TVC as of March 31, 2026.
Regarding ownership, Ms. Hang directly holds 50,000 shares (0.04%) of TVB and 100,000 shares (0.1%) of TVC.
Independent board member Pham Van Khiem was appointed as the new Chairman for the 2026–2028 term. According to the company’s disclosure, Mr. Khiem currently holds no TVB shares, has no related party interests or conflicts with TVB, and does not hold any role at other organizations.
Personnel changes have frequently been raised by shareholders at annual general meetings. At the meeting held on April 18, Ms. Hang said the changes are part of the company’s restructuring and that continuing to search for suitable personnel is necessary.
“Currently, the company is in a transition period and needs time to reassess the restructuring strategy and renewal, so this process cannot be rushed,” Ms. Hang emphasized.
For 2026, TVB targets total revenue of VND 170 billion and net profit after tax of VND 90 billion, representing increases of 85% and 4.3 times, respectively, versus 2024. However, the company faces difficulty in meeting the plan due to a nearly VND 20 billion loss.
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