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On April 13, Pacific Holdings Investment Co., Ltd., Vinaconex’s largest shareholder holding more than 45% of the company’s capital, nominated two candidates—Nguyen Hai Dang and Le Phung Hoa—for Vinaconex’s Board of Directors for the 2022–2027 term.
Nguyen Hai Dang currently serves as Deputy General Director of Vinaconex and holds multiple roles within Vinaconex’s ecosystem, including board membership at Vietnam Water and Environment Investment Company (UPCoM: VIW) and Vinaconex 25 (HNX: VCC). He is also Chairman of Vinaconex Dung Quat and Chairman of Vinaconex Petroleum Real Estate (UPCoM: PWA), and is CEO of Bach Thien Loc Joint Stock Company.
Le Phung Hoa holds a master’s degree and a bachelor’s in economics. He is currently a board member and CEO of Vinaconex No. 12 Construction Joint Stock Company (HNX: V12) and Chairman of Vinaconex 504 Construction – Vinaconex.
At present, neither Dang nor Hoa holds Vinaconex shares.
The nominations come as Vinaconex undertakes leadership restructuring amid ongoing organizational changes. At the 2026 annual general meeting scheduled for the morning of April 25, Vinaconex is expected to seek shareholder approval to dismiss two Board members: Nguyen Huu Toi (former Chairman and Deputy General Director) and Duong Van Mau (Board member and Deputy General Director).
The planned dismissals follow their arrest by the police for alleged bidding irregularities with serious consequences. Nguyen Huu Toi is also under investigation for potential improper payments intended to influence bids.
Previously, the Board approved the dismissal of Chairman Nguyen Huu Toi and appointed Tran Dinh Tuan to the position effective February 13.
Alongside leadership changes, Vinaconex presented a 2026 business plan targeting revenue of over VND 15.4 trillion, down 22% from the prior year. After-tax profit is expected to reach VND 1.037 trillion, down 73%.
The company also plans to pay dividends for 2025 and 2026 at a rate of 16% each.
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