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 plan.
Mr. Tuan joined Viglacera’s Board of Directors in 2019 and has since made significant contributions to the company’s growth. Together with the Board, he has provided strategic guidance and direction for the company’s production and business operations. As a result of these efforts, Viglacera has experienced stable growth and development, solidifying its position as a leading manufacturer of construction materials and a prominent real estate company in Vietnam.
Viglacera’s leadership receiving the Ministry of Construction’s flag of honor in 2024.
According to Viglacera’s representative, Mr. Tuan’s resignation will not impact the company’s strategic direction, business 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 of Directors presented a new strategic orientation for the next phase, aiming to establish Viglacera as a leading conglomerate in Vietnam and the region in the fields of construction materials and integrated real estate services. The company intends to achieve this through a lean management system, innovative capabilities, modern operations, and a commitment to sustainable development.
For 2025, Viglacera has set ambitious growth targets, with consolidated revenue planned at VND 14,437 billion, a 21% increase compared to 2024, and consolidated pre-tax profit expected to reach VND 1,743 billion, a 7% rise over the previous year’s performance.
Mr. Nguyen Van Tuan is currently the CEO and legal representative of Gelex Group Joint Stock Company. 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% shareholding. Following Mr. Tuan’s resignation, Infrastructure Gelex will nominate another candidate for election at the 2025 Annual General Meeting of Shareholders, as per regulations.
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On May 30, 2025, Viglacera Corporation – Joint Stock Company (HOSE: VGC) announced that it had received a resignation request from Mr. Nguyen Van Tuan, a member of the Board of Directors for the term 2024-2029.
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