[Ho Chi Minh City, 6 April 2023]

VNIDA organizes the seminar “Navigating Market Turbulence, Reflecting on Fiduciary Duties and Sharing From Insiders””

On 6 April 2023, at the Rex Hotel Saigon, the Vietnam Independent Directors Association (VNIDA) successfully collaborated with Indochine Counsel and Marsh McLennan to organize a seminar titled “Navigating Market Turbulence, Reflecting on Fiduciary Duties and Sharing From Insiders”.

The seminar was organized with high professional quality and featured experienced speakers, including Mr. Truong Huu Ngu – Partner of Indochine Counsel, Mr. Hoang Duc Hung – Chairman of IIA Vietnam, Mr. Dang The Duc – Vice Chairman and General Secretary of VNIDA, Mr. Dang Doan Kien – Investment Vice Chairman of ITL Corporation, and Mr. Ha Quoc Nam – Insurance Expert of Marsh McLennan.

Beginning the seminar, Lawyer Truong Huu Ngu introduced an overview of the obligations and responsibilities of corporate managers from theory and regulations to market practice. The presentation of international law and Vietnamese law was interspersed with examples and real-life situations to help listeners gain a deeper understanding of the origin, legal terms and prevailing regulations regarding the obligations and responsibilities of managers.

Then, Mr. Ha Quoc Nam presented insurance products for managerial responsibilities (D&O Insurance) as a shield to protect managers from risks in operating and managing businesses. One of the unique points of the managerial responsibility insurance products that Mr. Nam presented was that they not only protect the current responsibility of managers but also cover past and future responsibility.

The seminar ended successfully after a lively and open discussion session with practical and thoughtful insights shared by Mr. Hoang Duc Hung and Mr. Dang Doan Kien, who are experienced members of the board of directors of large companies and corporations in Vietnam. Some participants also actively asked questions and shared their opinions during the seminar.

You can refer to the slide decks of the seminar as below (in Vietnamese only):

VNIDA membership offers critical knowledge resources, exclusive networking and professional development training to enable directors to make informed decisions. Join us and be recognised as a member of Vietnam Independent Directors Association.