Head of Ho Chi Minh City Exchange Fired for Work Violations
The Ho Chi Minh City exchange.
Photographer: Brent Lewin/Bloomberg
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The Vietnam Stock Exchange fired the head of Ho Chi Minh City’s bourse for “very serious” shortcomings at work, the latest in a string of dismissals in an ongoing investigation into securities violations.
Le Hai Tra was terminated on May 20, the Ho Chi Minh City exchange said in a statement late Friday. Tran Anh Dao, the exchange’s deputy general director, will now be in charge of the bourse’s executive board, it said in a separate statement.