In his resignation letter, Mr. Nguyen Van Tuan stated that he was stepping down to focus on executing planned initiatives. This decision was carefully considered and is part of a pre-determined transition roadmap.
Mr. Nguyen Van Tuan joined Viglacera’s Board of Directors in 2019. During his tenure with the company, Mr. Tuan made significant contributions, working closely with the Board to direct and strategize Viglacera’s business development. As a result, Viglacera has experienced stable growth and established itself as a leading manufacturer of building materials and real estate developer in Vietnam.
 Viglacera’s leadership receiving the Ministry of Construction’s flag of honor in 2024.
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A representative from Viglacera assured that Mr. Nguyen Van Tuan’s resignation as a Board member would not impact the company’s strategic direction, operations, or commitments to shareholders, partners, and employees. The Board of Directors is committed to maintaining stability, transparency, and good governance, ensuring the company’s sustainable development and long-term value.
As per the Company Law and Viglacera’s Charter, the resignation will take effect after the Annual General Meeting of Shareholders’ approval on June 10, 2025.
Recently, Viglacera also released the documents for the 2025 Annual General Meeting of Shareholders. The Board presented a new strategic direction for the next phase, aiming to become a leading conglomerate in Vietnam and the region in the fields of building materials and real estate integrated services. The goal is to achieve this with a lean management system, innovative capabilities, modern operations, and a commitment to sustainability.
For 2025, Viglacera targets consolidated revenue of VND 14,437 billion and consolidated pre-tax profit of VND 1,743 billion, representing a 21% and 7% increase, respectively, compared to the previous year’s performance.
Mr. Nguyen Van Tuan currently serves as the General Director and legal representative of GELEX Group Joint Stock Company (HOSE: GEX). As of December 31, 2024, Infrastructure GELEX Joint Stock Company, a subsidiary of GELEX Group, holds a controlling stake in Viglacera with a 50.21% share. Following Mr. Tuan’s resignation, Infrastructure GELEX will nominate another candidate for the 2025 Annual General Meeting of Shareholders’ election, as per regulations.
– May 30, 2025
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