Viglacera Chairman resigns to carry out work as planned

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

Mr. Nguyen Van Tuan joined the Board of Directors of Viglacera in 2019. During his time with Viglacera, Mr. Tuan has made important contributions, working with the Board of Directors to direct and orient the production and business development strategy. Thanks to that, Viglacera has had stable growth and development to become the leading manufacturer of construction materials and real estate in Vietnam.

Viglacera leaders received the emulation flag of the Ministry of Construction in 2024.

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

According to the provisions of the Enterprise Law and the Company Charter, the resignation will officially take effect after being approved by the Annual General Meeting of Shareholders (AGM) on June 10, 2025.

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

In 2025, Viglacera sets a growth target with planned consolidated revenue of VND 14,437 billion, 21% higher than in 2024; expected consolidated pre-tax profit is VND 1,743 billion, up 7% compared to 2024.

Mr. Nguyen Van Tuan is currently the General Director and legal representative of GELEX Group Corporation. As of December 31, 2024, GELEX Infrastructure Corporation - a subsidiary of GELEX Group, owns a controlling stake in Viglacera, holding 50.21% of shares. After Mr. Tuan resigns from the position of member of the Board of Directors of Viglacera, GELEX Infrastructure will nominate other personnel to submit to the 2025 Annual General Meeting of Shareholders for election according to 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