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Viglacera Chairman resigns to carry out work as planned

On May 30, 2025, Viglacera Corporation - JSC (HoSe: VGC) announced that it had received the resignation letter from the position of member of the Board of Directors (BOD) for the 2024-2029 term of Mr. Nguyen Van Tuan.

Việt NamViệt Nam02/06/2025

In his resignation letter, Mr. Nguyen Van Tuan clearly stated that the reason for his resignation was to focus his time on carrying out planned tasks. It is understood that this decision was carefully considered and is part of a pre-planned transition process.

Mr. Nguyen Van Tuan joined the Board of Directors of Viglacera in 2019. Throughout his time with Viglacera, Mr. Tuan has made significant contributions, working with the Board of Directors to guide and direct the strategic development of production and business. As a result, Viglacera has achieved stable growth and development, becoming a leading manufacturer of building materials and real estate in Vietnam.


Viglacera leaders receive the emulation flag from the Ministry of Construction in 2024.

The Viglacera Board of Directors will continue to maintain stability, continuity, and transparency in governance, ensuring sustainable development and long-term value for the enterprise; without affecting the strategic direction, production and business operations, or commitments to shareholders, partners, and employees of the Corporation.

According to the provisions of the Enterprise Law and the Company's Articles of Association, the resignation will officially take effect after being approved by the Annual General Meeting of Shareholders on June 10, 2025.

Recently, Viglacera also announced the documents for its 2025 Annual General Meeting of Shareholders. Accordingly, the Board of Directors of Viglacera is presenting to the General Meeting the strategic development orientation for the new period. The goal is to become a leading corporation in Vietnam and the region in the field of building materials and integrated real estate services, with a streamlined management system, innovative capabilities, modern operations, and a commitment to sustainable development.

In 2025, Viglacera aims for growth with planned consolidated revenue of VND 14,437 billion, 21% higher than in 2024; and projected consolidated pre-tax profit of VND 1,743 billion, a 7% increase compared to 2024.

Mr. Nguyen Van Tuan is currently the General Director and legal representative of GELEX Group Joint Stock Company. As of December 31, 2024, GELEX Infrastructure Joint Stock Company – a subsidiary of GELEX Group – holds a controlling stake in Viglacera, with 50.21% of its shares. Following Mr. Tuan's resignation from the Viglacera Board of Directors, GELEX Infrastructure will nominate another candidate for election at the 2025 Annual General Meeting of Shareholders as per regulations.


Source: https://www.viglacera.com.vn/vi/portal/news.php/tin-tuc-su-kien/hoat-dong-kinh-doanh/chu-tich-viglacera-xin-tu-nhiem-de-thuc-hien-cac-cong-viec-theo-ke-hoach-id-10925.html


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