•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
Giay Thuong Dinh Joint Stock Company (GTD) held its 2026 annual general meeting (AGM), where the board presented the 2025 results, the 2026 strategic direction, the 2025 consolidated audited financial statements, and remuneration and governance plans for 2026.
The AGM approved GTD’s investment plan to build a mixed-use project in Hanoi at 277 Nguyen Trai, Khương Đình Ward. The project will include residential housing, office space, commercial and services components, and a K-12 school.
The project site covers more than 36,105 square meters. The total anticipated investment is 9.907 trillion VND (excluding interest, land-use fees, or land rent). GTD’s equity contribution will account for 20%, with the remainder funded through other lawful sources.
The AGM also approved relocating GTD’s current manufacturing facility at 277 Nguyen Trai to the company’s leather footwear production plant at Đồng Văn Industrial Park, Duy Hà commune, Ninh Bình province.
The relocation is expected to be carried out from May 2026 to August 2026.
Separately, Vinaconex (Vietnam Construction and Import-Export Joint Stock Corporation) registered to trade GTD shares on HOSE through GTD’s share registrar.
Vinaconex intends to acquire 2.235 million GTD shares, equivalent to 24.03% of GTD’s charter capital, for investment purposes. The transaction is expected to be completed during May 15 to June 12 via matched orders and/or negotiated deals.
Vinaconex’s report also noted cross-positions between the two companies: Lê Văn Huy, Chairman of GTD’s Board, is also Deputy General Director of VCG; Vũ Văn Mạnh, Head of GTD’s Supervisory Committee, is also Head of VCG’s Supervisory Committee; and other overlapping roles.
An Quý Hưng Holding has also become a notable large shareholder of GTD. After two trading sessions on April 3 and April 7, 2026, An Quý Hưng Holding increased its holdings from 459,200 GTD shares (4.94%) to 2.23 million shares (24%), making it a major shareholder of GTD.
An Quý Hưng Holding was established in October 2025. Its registered business includes consulting, brokerage, real estate auction, and land use rights. Charter capital is 500 billion VND, with ownership structure: Nguyễn Xuân Đông (79.2%), Đỗ Thị Thanh (19.2%), and Nguyễn Xuân Tùng (1.6%).
The content also states that Mr. Nguyễn Xuân Đông was recently elected chairman of Vinaconex for 2022–2027, replacing Trần Đình Tuấn. It further notes that he resigned as Vinaconex CEO on April 28, and Mr. Phạm Thái Dương (born 1972) was appointed as replacement. Before the appointment, Mr. Dương served as Deputy CEO of Vinaconex and as Director of Project Management Office 1.
Source: PV
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
