ANNUAL GENERAL MEETING OF SHAREHOLDERS OF VIGLACERA 2026: PROMOTING GOVERNANCE ROLE - INNOVATING CREATIVE THINKING TO WELCOME A NEW DEVELOPMENT CYCLE
(Viglacera) On the morning of 25/04/2026 in Hanoi, Viglacera Corporation – JSC (Ticker: VGC) successfully organized the Annual General Meeting of Shareholders. Developments at the Meeting showed a Viglacera making strong efforts to conquer the market through close governance solutions and a forward-looking vision…
With a high consensus rate, the Meeting not only approved the 2025 business results report but also outlined an ambitious development roadmap for the 2026–2030 period, despite challenges from the macroeconomic context.
Business results 2025: Foundation from flexibility and the standard “Innovation and streamlining of organizational apparatus” Scheme
Reporting to shareholders, the leadership of Viglacera Corporation affirmed that 2025 was a year of flexibility to successfully “weather the storm”. Consolidated profit before tax reached VND 2,202 billion, completing 126% of the annual plan. The Parent Company alone contributed VND 1,535 billion in profit, exceeding the target by 8%. One of the highlights attracting investor attention is the dividend policy. Viglacera paid dividends for 2025 in cash at a rate of 22%, equivalent to a total amount of approximately over VND 986 billion.
The Meeting also heard the report on the implementation results of the Resolution on the Scheme “Innovation and streamlining of operational organization methods”, specifically: restructuring organizational operations of groups/sectors to ensure that innovation always goes hand in hand with stable production and business; minimizing intermediate layers while streamlining the apparatus, avoiding overlap; designing an operational organizational model toward concentration, deep specialization, efficiency, and ease of control – thereby increasing responsiveness to market fluctuations. The Corporation exercises control through focal companies of each sector, focusing efficiency on core business axes; optimizing all resources and reducing operating costs; preparing the organizational foundation for new development strategies… Thereby creating a premise for Viglacera to implement next steps and build a 5-year Development Strategy (period 2026–2030).
Plan 2026: Prudent governance in a new investment cycle
Entering 2026, Viglacera sets a consolidated revenue target of VND 15,300 billion, an increase of 15% compared to 2025. The consolidated profit before tax target is set at VND 1,820 billion.
Specifically, the implementation of a series of new industrial park real estate projects and research on investment in building materials factories in both the South and the North will create long-term sustainable growth momentum.
According to Mr. Nguyen Duc Luyen, in 2026, with the motto “Prudent - Substantive - Sustainable”, the Executive Board prioritizes investing in the foundation for the next cycle rather than pursuing short-term growth. Although it may not create an immediate surge in figures, it is the most responsible decision to protect long-term shareholder interests and future breakthroughs.
The first quarter of 2026 at Viglacera shows positive signs such as: growth in industrial park real estate, Autoclaved Aerated Concrete (AAC), faucets, baked clay bricks, etc. But above all is the proactive step-ahead approach in many governance situations, thereby promptly optimizing finances in the context of continuously increasing costs.
Tightening governance at all times, optimizing cash flow and focusing on core business axes will help the Corporation maintain sustainable growth momentum across economic cycles. Deputy General Director Tran Ngoc Anh briefly expressed before the General Meeting of Shareholders: “In 2026, Viglacera is fully capable of exceeding the committed plan”.
Confidence built on real results and brand reputation
In 2026, Viglacera is expected to commence nearly 900 hectares of new industrial parks including: Tay Pho Yen (500 ha), Phu Ninh phase 1 (150 ha) and Hung Yen Industrial Park No.1 (217 ha).
Information in the discussion session showed the attractiveness of the Viglacera industrial park brand: Song Cong II Industrial Park has just received USD 400 million from a world-class industrial group such as POSCO. To date, many positive signals indicate that in 2026, Viglacera strives to achieve a leased area of approximately 150 hectares.
General Director Nguyen Anh Tuan continued to share before the Meeting: “To accompany world-class industrial corporations over a 50-year contract period, trust must be built from shared ideals, confidence in the development direction as well as a synchronous ecosystem that we must diligently establish”.
Social housing and worker housing projects at Kim Chung Urban Area, Dang Xa 2, Dong Van 4, etc. are also being accelerated in investment progress to quickly generate cash flow and meet market demand in line with Resolution 171 of the National Assembly.
With a strategy of green & smart materials as the core, combined with modern industrial park infrastructure supported by the IOC Operation Center, Viglacera is demonstrating a fully integrated development model along the value chain.
Proactiveness in governance, flexibility in investment and transparency with shareholders are the core values for Viglacera to confidently achieve its objectives in the new development cycle 2026–2030.
Other developments at the 2026 Annual General Meeting of Shareholders of Viglacera Corporation:
