Viglacera’s Chairman Steps Down to Pursue Other Plans
Prior to taking on the top role at the Board of Directors for the 2024-2029 term, Mr. Tran Manh Huu served as the Head of the Supervisory Board of Viglacera since April 2021. Born in 1978, he holds a Bachelor’s degree in Economics and previously worked at the State Capital Investment Corporation (SCIC) during 2008-2021. Mr. Huu currently does not hold any shares in Viglacera.
Along with this change in senior leadership, Ms. Nguyen Thi Tham was elected as the new Head of the Supervisory Board, replacing Mr. Huu. Meanwhile, Mr. Nguyen Viet Trung, formerly of the Internal Audit Department, was appointed as a member of the vacant Supervisory Board position.
Previously, Mr. Nguyen Van Tuan had submitted his resignation, which was approved by the company’s shareholders on June 10th. In his resignation letter, Mr. Tuan cited his reason for stepping down as a desire to focus on other planned work commitments. This move was part of a pre-planned succession strategy for key personnel. Mr. Tuan continues to serve as the CEO of the GELEX Group (HOSE: GEX).
Mr. Nguyen Van Tuan (second from left) and Mr. Tran Manh Huu (third from left) receiving flowers at the 2025 Annual General Meeting of Viglacera on June 10th. Source: Viglacera
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 Introduction of Viglacera’s Supervisory Board for the 2024-2029 term at the General Meeting. Source: Viglacera
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In terms of business operations, Viglacera has set ambitious targets for 2025, aiming for consolidated revenue of VND 14.4 trillion, a 21% increase from the previous year, and approaching its previous record high. Expected profit before tax is anticipated to exceed VND 1.7 trillion, the highest in three years. The company plans to maintain a dividend ratio of 22% of charter capital, unchanged from the previous year.
Recently, Viglacera also finalized a deal to acquire a 64.7% stake in Vietnam Float Glass Joint Stock Company (VFG) from Nippon Sheet Glass Co., Ltd. Following this transaction, VFG has become a wholly-owned subsidiary of Viglacera.
– 11:28 12/06/2025
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