On May 30, 2025, Viglacera Corporation – JSC (HoSE: VGC) announced that it had received a resignation letter from Mr. Nguyen Van Tuan, a member of the Board of Management (BOM) for the 2024-2029 term.
In his letter, Mr. Nguyen Van Tuan stated that he was stepping down to focus on his personal plans and commitments. This decision was carefully considered and is part of a pre-planned succession roadmap.
Mr. Nguyen Van Tuan joined Viglacera’s BOM in 2019 and has since made significant contributions to the company’s growth and development. Along with the BOM, he has guided and oriented the company’s production and business strategy, leading to Viglacera’s stable growth and its position as a leading construction materials and real estate company in Vietnam.

Viglacera’s leadership receiving the Ministry of Construction’s flag of honor in 2024.
A representative from Viglacera affirmed that Mr. Nguyen Van Tuan’s resignation would not impact the company’s strategic orientation, production and business activities, or its commitments to shareholders, partners, and employees. The BOM will maintain stability, transparency, and good governance to ensure the company’s sustainable development and long-term value.
According to the Enterprise Law and the Company’s Charter, the resignation will take effect after the 2025 Annual General Meeting of Shareholders (AGM) on June 10, 2025.
Recently, Viglacera also released the documents for the 2025 AGM, where the BOM presented the company’s strategic orientation for the new period. The goal is to become a leading group in Vietnam and the region in the field of construction materials, real estate, and integrated services, with a lean management system, innovative capabilities, modern operations, and a commitment to sustainability.
For 2025, Viglacera aims for growth with a consolidated revenue target of VND 14,437 billion, a 21% increase compared to 2024, and a projected consolidated pre-tax profit of VND 1,743 billion, a 7% rise compared to the previous year.
Mr. Nguyen Van Tuan is currently the CEO and legal representative of Gelex Infrastructure JSC. As of December 31, 2024, Gelex Infrastructure JSC, a subsidiary of Gelex Group, holds a controlling stake in Viglacera with a 50.21% share. Following Mr. Tuan’s resignation, Gelex Infrastructure JSC will nominate another candidate for the 2025 AGM to elect a new BOM member according to regulations.
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