CMG

CMC (CMG) appoints Mr. Dang Tung Son as CEO effective June 1, 2026, as part of leadership restructuring for the 2026-2030 growth cycle. The new CEO, with dual master's degrees from France and Thailand, has over 15 years at CMC and was instrumental in the Digital Hub and AI transformation strategies. The appointment follows record FY2025 revenue of VND 10,554 billion (+17% YoY) and sets the stage for the AI-X strategic phase.

CMC Technology Group (CMG) has appointed Dang Tung Son as CEO for a one-year term starting June 1, 2026, replacing Ho Thanh Tung who remains as Executive Vice President. The company also received a 222.5 million VND fine for securities disclosure violations. The leadership change comes amid solid revenue growth of 17% for fiscal year 2025.

CMC Technology Group (CMG) was fined VND 222.5 million by the State Securities Commission for three separate violations: delayed disclosure of shareholder meeting and annual report information, failure to report share buybacks from employees in three tranches, and failure to disclose audited capital use reports. The fine is small relative to CMG's 2025 net profit of nearly VND 599 billion, but the repeat nature of the violations raises governance concerns.

CMC Technology Group (CMG) was fined a total of VND 222.5 million by the State Securities Commission for multiple information disclosure violations, including late disclosure of annual general meeting documents and failure to report share buybacks. The fine, while modest in absolute terms, highlights regulatory scrutiny on corporate governance and transparency at the listed technology firm.

A new regulation from the Ministry of Science and Technology, effective April 15, mandates facial recognition for all mobile subscribers to combat spam SIMs, with non-compliance triggering service suspension and contract termination. This policy directly impacts telecom operators like VNPT, CMG, and SBT, requiring system upgrades and customer verification processes that could affect subscriber counts and operational costs in the near term.