Vietnam Construction and Import-Export Joint Stock Corporation (Vinaconex, Stock Code: VCG) has recently submitted an official document to the Vietnam Stock Exchange and Ho Chi Minh City Stock Exchange (HoSE) regarding personnel changes.
Specifically, Vinaconex issued Decision No. 1979/2025/QĐ-HĐQT and Decision No. 1988/2025/QĐ-HĐQT on September 25, 2025, appointing Mr. Le Van Huy and Mr. Nguyen Hai Dang as Deputy General Directors, effective from September 25, 2025. The appointment term is set for five years.
Neither of the newly appointed Deputy General Directors nor their related parties hold any VCG shares.
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According to Vinaconex’s introduction, Mr. Le Van Huy currently serves as Deputy General Director of Vinaconex Tourism Investment and Development Joint Stock Company (Vinaconex ITC, Stock Code: VCR). Meanwhile, Mr. Nguyen Hai Dang holds the position of General Director at Bach Thien Loc Joint Stock Company.
Regarding business performance, Vinaconex’s after-tax profit for the first six months of 2025, as reported in the reviewed consolidated financial statements, stood at VND 478 billion, a decrease of VND 140 billion (23%) compared to the same period in 2024.
The primary reason for this decline is that the gross profit in the first half of 2024 benefited more significantly from real estate sales compared to the first half of 2025.
In another development, between July 14, 2025, and August 1, 2025, Vinaconex sold its entire stake of 107.1 million VCR shares through negotiated transactions, representing 51% of Vinaconex ITC’s charter capital.
Following this transaction, Vinaconex no longer holds any VCR shares, and Vinaconex ITC ceased to be a subsidiary of Vinaconex as of August 1, 2025.
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