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Novaland Group’s Board of Directors has elected Mr. Bui Cao Nhat Quan as Chairman for the 2026–2031 term and approved the establishment of a Strategy–ESG Committee, appointing Mr. Bui Thanh Nhon as Chairman. In the near term, the company said it will focus on completing and fulfilling commitments for key projects.
At the board meeting, Mr. Bui Cao Nhat Quan was elected Chairman for the 2026–2031 term. The AGM also added two board members—Mr. Bui Cao Nhat Quan and Mr. Pham Tien Van—and one independent director, Mr. Hoang Duc Hung, to replace three positions whose terms expire in 2026. Following the changes, the board comprises five members, including one independent director.
Representing the new directors, Mr. Bui Cao Nhat Quan said the board understands its responsibilities and that Novaland is undergoing a “robust, concrete, and decisive reform,” with the highest priority placed on fulfilling commitments to customers and investors.
Novaland also approved the establishment of the Strategy–ESG Committee and appointed Mr. Bui Thanh Nhon as Chairman. The committee will advise on mid- and long-term strategic development and ensure ESG standards are implemented across the company.
According to Novaland’s 2025 management report, as of 31/12/2025, Mr. Quan directly holds 75.32 million shares, equivalent to 3.67% of charter capital.
Novaland set a 2026 net revenue target of VND 22,715 billion, up more than threefold compared with 2025. The company also targets 2026 net profit after tax of VND 1,852 billion.
For 2025, Novaland did not pay a dividend. The company stated that undistributed profits will be used to focus on business recovery.
On delivery and sales, Novaland targets:
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