Recently, Vicasa Steel Joint Stock Company – VNSteel (Stock Code: VCA, HoSE) announced the resignation of several Board of Directors and Supervisory Board members for the 2023 – 2028 term.
Specifically, Vicasa Steel – VNSteel accepted the resignation of Mr. Nguyen Phu Duong from his position as Chairman of the Board of Directors, along with three other Board members: Mr. Hoang Ngoc Chien, Mr. Ngo Tien Tho, and Mr. Duong Van Ha.
The company also received resignation letters from Ms. Ngo Thi Minh Nguyet, Head of the Supervisory Board, and two members, Mr. Dang Minh Duc and Mr. Nguyen Bach Duong.
Illustrative image
In their resignation letters, all members stated that they had fulfilled their duties during their tenure. However, due to work-related reasons, they could no longer continue in their roles.
These resignations will be presented to Vicasa Steel – VNSteel shareholders for approval at an extraordinary general meeting scheduled for December 2025 or January 2026.
Additionally, the company will propose several agenda items to shareholders, including relocating the company to a new address, approving investment plans valued at 35% or more of total assets as per the latest financial report, changing the company name, and amending the company charter.
Regarding business performance, Vicasa Steel – VNSteel’s Q3 2025 financial report showed net revenue of over VND 43.3 billion, an 88.7% decrease compared to the same period last year.
After deducting taxes and fees, the company reported a net loss of over VND 3.5 billion, a 7% increase in losses year-over-year.
According to Vicasa Steel – VNSteel’s explanation, the primary reason for the decline in revenue and profit in Q3 2025 was the suspension of its main production activities from June 19, 2025, as mandated by the Dong Nai Provincial People’s Committee.
For the first nine months of 2025, Vicasa Steel – VNSteel generated nearly VND 927.9 billion in net revenue, an 8.4% decrease compared to the same period in 2024, and reported a post-tax net loss of over VND 1.5 billion.
As of September 30, 2025, the company’s total assets decreased by 38.8% compared to the beginning of the year, while total liabilities stood at over VND 5.3 billion, a 95.8% reduction.
Eximbank Appoints New Chairman of the Board of Directors
Eximbank (Vietnam Export-Import Commercial Joint Stock Bank) has announced a strategic decision to strengthen its senior leadership by appointing a new Chairman of the Board of Directors. This move aims to ensure stability and continuity in the bank’s governance and management.
Eximbank Strengthens Senior Leadership, Reinforces Commitment to Growth Strategy
On December 4, 2025, Vietnam Export-Import Commercial Joint Stock Bank (Eximbank, HOSE: EIB) announced a strategic leadership restructuring with the appointment of a new Chairman of the Board of Directors.
Proposed Appointment of Gelex Senior Executive to FPT Telecom’s Board of Directors
FPT Telecom has proposed the election of Mr. Nguyễn Trọng Trung, Deputy General Director of Gelex Group, as a new member of the Board of Directors for the 2023-2028 term.
Surprise at FPT Telecom: GELEX Deputy General Director Nominated by GTEL – Ministry of Public Security for Board of Directors
Following the completion of the transfer of state capital representation from SCIC to the Ministry of Public Security, FPT Telecom is set to streamline its senior leadership team, notably featuring candidates from GTEL and GELEX Group.
FPT Telecom Restructures Leadership Post-Capital Transfer: GELEX Nominees Appointed to Board of Directors
The extraordinary 2025 Annual General Meeting of FPT Telecom Corporation (FPT Telecom, UPCoM: FOX) is scheduled for the morning of December 24th. This meeting comes amidst the transfer of the state-owned capital from SCIC to the Ministry of Public Security, with a primary focus on restructuring the Board of Directors and the Supervisory Board. The most notable highlight is the presence of a Board of Directors candidate from the GELEX ecosystem.
