About Us

Introduction

VNIDA Institute of Corporate Governance

Within the landscape of Vietnam’s corporate development, there remains an unfilled gap defined by governance standards, long-term thinking, and the connection between academia, training, and practice.

There are individuals who work quietly each day to narrow that gap – not only through knowledge, but through a steadfast belief: governance is not merely about power, but about the responsibility to shape the future.

Executive Board

Pursuant to the direction of the Ministry of Home Affairs under Decision No. 04/QĐ-BNV dated January 5, 2022, approving the establishment of the Vietnam Independent Directors Association (VNIDA), on April 28, 2022, VNIDA successfully convened its First National Congress and officially introduced the Association’s founding members.

This was a significant milestone, marking an important turning point for all members who share common goals, vision, and a commitment to advancing the Association’s mission.

Mr. Nguyen Sinh Dung Thang, Chairman of the Presidium, presided over the opening session, delivered the opening remarks, introduced delegates, and chaired the Congress proceedings.

VNIDA convened the Congress

Attending the Congress were invited guests including Mr. Ta Tan, Deputy Director General, Department of Non-Governmental Organizations, Ministry of Home Affairs; Mr. Tran Minh Tan, Officer, Department of Non-Governmental Organizations, Ministry of Home Affairs, together with nearly 100 delegates participating both in person and online, representing members who have accompanied and supported the Association since its early establishment.

At the Congress, 100% of delegates met the eligibility requirements to participate in direct voting in accordance with the Congress regulations. The VNIDA Congress for the 2022–2027 term agreed to operate under the principles of democratic centralism, majority-based decision-making, with all matters openly discussed prior to resolutions being adopted.

VNIDA convened the Congress

Under the guidance of the Ministry of Home Affairs, and in line with its mission to promote best practices in corporate governance, VNIDA aims to enhance the value of independent directors and the effectiveness of boards of directors through connection, training, experience sharing, and the protection of members’ interests, thereby strengthening professionalism, independence, transparency, and integrity.

VNIDA defined its strategic direction for the 2022–2027 term as consolidating organizational structures, establishing regulations for specialized committees, and implementing concrete activities to stabilize and strongly promote the Association’s development. The focus is on membership development, network building, capacity building, and training to support transparency and independence in enterprises, while enhancing the Association’s standing within Vietnam’s business community.

Through a transparent, democratic, and open election process, 100% of delegates agreed to elect the Association’s leadership bodies, including 25 members of the Executive Committee and 3 members of the Inspection Committee.

VNIDA convened the Congress

Subsequently, the Executive Committee held its first meeting and unanimously elected the Standing Committee of the Vietnam Independent Directors Association with the following positions:

1. Mr. Nguyen Sinh Dung Thang – President
2. Mr. Dang The Duc – Secretary General
3. Mr. Nguyen Tien Thanh – Standing Vice President
4. Ms. Hoang Hai Anh – Vice President
5. Mr. Ngo Dinh Duc – Vice President
6. Mr. Nguyen Thanh Tung – Vice President
7. Mr. Le Hong Linh – Vice President
8. Mr. Trinh Quoc Van – Vice President
9. Mr. Trinh Thanh Binh – Vice President
10. Mr. Vuong Van Quang – Executive Committee Member
11. Mr. Nguyen Ngoc Kien – Executive Committee Member

On behalf of the Presidium, Ms. Hoang Hai Anh presented the draft report and the Congress Resolution, which was approved by 100% of the delegates.

Benefits

Joining the Scientific Advisory Council offers the opportunity to:

Shape governance values and standards in Vietnam

Contribute to the development of advanced research and training foundations

Disseminate academic influence to the business community, particularly listed companies seeking to enhance transparency and sustainability standards for integration into international capital markets

Members

Organizational Structure

VNICG establishes an organizational structure that ensures effective governance and operations, while serving as a platform for interdisciplinary academic exchange and the implementation of high-impact specialized programs.

Hoang Duc Hung

Mr. Hoang Duc Hung serves as Deputy Director of the VNIDA Institute of Corporate Research..

President

Mr. Hoang Duc Hung serves as Deputy Director of the VNIDA Institute of Corporate Research and Governance, an institution dedicated to promoting sound governance models and best practices, contributing to the professional development and recognition of Independent Members of the Board of Directors within listed companies in Vietnam.

Mr. Hung currently serves as Chairman of the Vietnam Institute of Internal Auditors (IIA Vietnam), the Vietnamese affiliate of the Institute of Internal Auditors (IIA), and is also a Member of the Board of Directors of Gentis Joint Stock Company (term 2022–2025).

Mr. Hung is also a Member of the Judging Panel of the VLCA Awards for Sustainability/ESG Reporting (2021–2022). He has over 27 years of experience in consulting and auditing with Big 4 firms across Southeast Asia, Australia, and the United States. He previously served as the Lead Advisor supporting World Bank–funded projects in collaboration with the Government of Vietnam during the development and issuance of the Internal Audit Decree of the Ministry of Finance (Decree No. 05). His contributions include translating into Vietnamese the mandatory content of the International Professional Practices Framework (IPPF) and IIA Internal Audit Standards, drafting the Internal Audit Implementation Handbook for enterprises as well as for ministries, provincial People’s Committees, and public administrative units subject to mandatory internal audit requirements.

Mr. Hung has also provided advisory services to enhance internal audit capabilities for the Ministry of Finance, Ministry of Transport, Ministry of Construction, and the State Bank of Vietnam, and served as the Lead Advisor in developing regulations and guidelines for Financial Supervision of State-Owned Enterprises (Decree No. 61).

In addition, Mr. Hung has participated in numerous consulting projects related to enterprise restructuring and equitization in Vietnam, including advisory services to strengthen corporate governance, risk management, internal audit, and sustainability (ESG) in line with international best practices and prevailing regulations.

Mr. Hung holds an MBA in International Finance from Oxford Brookes University (UK), a Professional Director Certification (DCP) from Thai IOD, the Certified Internal Auditor (CIA) designation, and is a member of the Institute of Internal Auditors (IIA). He is also a Fellow of CPA Australia (FCPA Australia), and has previously been a Fellow of the Association of Chartered Certified Accountants (FCCA) and a member of the Vietnam Association of Certified Public Accountants (VACPA). He is currently a Professional Family Business Advisor, having completed specialized programs of the Family Firm Institute (FFI).

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Tran Minh Tam

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Vice President

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Chu Kim Chi

Ms. Chu Kim Chi is a leading senior expert with over 25 years of experience..

Vice President

Ms. Chu Kim Chi is a leading senior expert with over 25 years of experience in corporate governance and human resource management. She has held many key leadership positions, including Chief Human Resources Officer of OneMount Group; Senior Director of Strategic Human Resource Management and Compensation, Senior Advisor on Human Resource Governance at Techcombank; Human Resources Director of Fujitsu Vietnam; and Operations and Logistics Manager at Schmidt & Co. (HK) Ltd.

Currently, Ms. Chu Kim Chi serves as Deputy Director of the VNIDA Institute of Corporate Research and Governance – an institution that provides advanced governance models and successful best practices, contributing to capacity building and strengthening the professional standing of Independent Members of Boards of Directors in listed companies in Vietnam.

Ms. Chu Kim Chi is widely recognized as a pioneer with continuous innovation. She has successfully built foundations and implemented effective human resource management strategies, optimized modern and professional working processes, and developed competitive compensation and governance policies, thereby making significant contributions to the sustainable development of organizations.

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