Novaland’s former chairman leaves board of directors
HCMC – Bui Xuan Huy, former chairman of the HCMC-based property company Novaland, resigned yesterday,
Yow earned a Master of Business Administration in banking and finance from the University of Hull in the United Kingdom. He previously worked as general director at Gamuda Land Vietnam.
Yow has over 30 years of experience in top roles in domestic and foreign enterprises, with a range of expertise in real estate development, township master planning, and business strategies.
As part of its restructuring plan, Novaland, a subsidiary of the HCMC-based investment corporation NovaGroup, also sought to reduce the 2021-2026 board of management members from seven to five.
Additionally, the company is in talks with financial institutions and local authorities to expedite the development of important projects.