Nguyễn Hữu Phú, Chairman of GKM Holdings, a brick manufacturing company, has submitted his resignation. In his resignation letter, Phú stated his inability to dedicate sufficient time to the position as the reason for stepping down. Notably, Phú’s monthly salary as Chairman was reportedly 5 million Vietnamese Dong – a relatively modest sum. The company is publicly listed, suggesting a degree of scrutiny regarding leadership and performance. The resignation request has been received, but details regarding acceptance and succession plans have not yet been publicly disclosed. This raises questions about the chairman’s priorities and the company’s future direction. The low remuneration may have also been a contributing factor, despite not being explicitly stated.
