VCB: Board approves the transaction with a related company

On November 13, 2018, the Board of Directors of Joint Stock Commercial Bank for Foreign Trade of Viet Nam (Vietcombank) approved the transaction between Vietcombank and FPT Information System Co., Ltd. (a company related to Mr. Truong Gia Binh, Independent Member of the Board of Directors) in the package “to lease the use right of the portfolio and project management system (PPM) at Vietcombank” and “to purchase information technology assets (PC computer) for VCB”.

HOSE

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