Vingroup Joint Stock Company (Stock Code: VIC) has recently announced to the State Securities Commission (SSC), Ho Chi Minh City Stock Exchange (HoSE), and Hanoi Stock Exchange (HNX) its plan to establish a new subsidiary.
On October 17, 2025, the Board of Directors of Vingroup approved a resolution to invest in the establishment of Vin New Horizon Joint Stock Company (Vin New Horizon).
Vin New Horizon will be headquartered at Symphony Office Building, Chu Huy Man Street, Vinhomes Riverside Urban Area, Phuc Loi Ward, Hanoi.
The company’s chartered capital is set at VND 1,000 billion, with Vingroup contributing 65% of the total. Vin New Horizon will primarily focus on investing in and managing senior healthcare centers.
In other developments, Vingroup’s Board of Directors also approved adjustments to the Ha Long Xanh Complex Urban Area project in Tuan Chau and Ha An wards, Quang Ninh Province.
The adjustments, as per Resolution No. 14/2020/NQ-HĐQT-VINGROUP dated July 8, 2020, include updates to reflect current conditions and project requirements:
The project location has been revised to Tuan Chau and Ha An wards, Quang Ninh Province, due to administrative boundary changes.
The project spans approximately 4,119.23 hectares, with 933.23 hectares in Tuan Chau Ward and 3,186 hectares in Ha An Ward. The total investment is VND 456,639 billion.
The Board of Directors has authorized the CEO or a legally appointed representative to handle investor-related matters and complete necessary legal procedures for the project adjustments.
Additionally, Vingroup has announced the third shareholder opinion survey for 2025.
The final registration date for shareholders to participate is October 30, 2025, with the ex-rights date set for October 29, 2025.
Each common share entitles the holder to one voting right. The survey is scheduled for November 2025 at Vingroup’s headquarters.
The proposed agenda includes issuing shares to increase capital from equity and other matters within the Board’s authority. Detailed content will be finalized by the Board at the time of implementation.
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