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Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
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Vinaconex, the Vietnam Construction and Import-Export Corporation (VCG), has set its 2026 consolidated business targets in documents for its 2026 annual general meeting. The company targets consolidated revenue of VND 15,430 billion in 2026, a 22% decline from the previous year. Net profit after tax is targeted at VND 1,037 billion, down 73% year-on-year from 2025.
In 2025, Vinaconex reported record net profit of VND 3,865 billion on revenue of VND 16,064 billion, representing growth of 25% versus 2024. After auditing, the reported figure was reduced by about VND 264 billion (7%) due to reallocation of deferred taxes and profit adjustments at subsidiaries.
The company said the main growth driver came from extraordinary financial revenue of VND 3,585 billion, largely attributable to the gain from disposal of the entire 51% stake in the Cat Ba Amatina project held by Vinaconex ITC in Q3 2025.
For profit distribution in 2025, Vinaconex proposed a total dividend payout of 16%, comprising 8% in cash and 8% in shares. The cash dividend is set at 800 VND per share.
If the stock dividend is implemented, the company expects to issue about 51.7 million shares, with an exercise ratio of 100:8 (holders of 100 shares would receive 8 new shares). Following the capitalization, Vinaconex’s chartered capital is expected to increase from nearly VND 6,465 billion to nearly VND 6,982 billion.
On governance matters, Vinaconex proposed relieving Nguyễn Hữu Tới and Dương Văn Mậu from their board duties for the 2022-2027 term and introducing two new board members.
Recent changes in senior leadership have drawn investor attention. The company noted that two individuals were detained: Nguyễn Hữu Tới, a board member and former Chairman, and Dương Văn Mậu, Deputy General Director, in relation to tender violations causing particularly serious consequences.
Vinaconex is among Vietnam’s leading construction companies. The company has also attracted attention for participating in Vietur’s bid that won a package exceeding VND 35,000 billion for the Long Thanh airport passenger terminal, a project invested by the Airports Corporation of Vietnam (ACV).

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