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[BUSINESS] · Vietnam · 8 sources

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Vimico CEO Trinh Van Tue prosecuted for bribery

Vimico (TKV Mineral Corporation) announced that its General Director, Trinh Van Tue, has been prosecuted for bribery under Article 354 of the Penal Code. Following the legal action, the company's Board of Directors passed a resolution on October 29 to dismiss Mr. Tue from his position.

Ly Xuan Tuyen, the current Deputy General Director, has been appointed as the Acting General Director and legal representative of the corporation until a permanent successor is appointed. Vimico also announced plans to convene an extraordinary general meeting of shareholders on December 15, 2026, in Hanoi to address organizational and personnel matters.

Vimico is a subsidiary of the Vietnam National Coal and Mineral Industries Group (TKV), specializing in the mining, processing, and trading of minerals such as copper, gold, silver, and zinc.

Entities

Hanoi · Hanoi Stock Exchange · Ly Xuan Tuyen · TKV Mineral Corporation · Trinh Van Tue · Vietnam National Coal and Mineral Industries Group · Vimico