Vinaconex's Annual General Meeting: Profit target of VND1,018 billion, dividend of 16%
Thursday, April 30,2026
AsemconnectVietnam - On April 25th, the 2026 Annual General Meeting of Shareholders of Vietnam Construction and Import-Export Corporation (VINACONEX, ticker VCG) approved a consolidated revenue plan of VND15,423 billion and after-tax profit of VND1,037 billion; the parent company alone achieved revenue of VND10,740 billion, after-tax profit of VND1,018 billion, and a projected dividend of 16%.
In 2025, VINACONEX recorded consolidated revenue of VND19,868 billion (reaching 128% of the plan, equivalent to 151% compared to 2024); consolidated after-tax profit of VND3,865 billion (reaching 322% of the plan, equivalent to 349% compared to 2024). The parent company alone achieved revenue of VND15,169 billion and after-tax profit of VND3,453 billion, both far exceeding the plan; dividends remained at 16%.
Project bidding and development continued to meet targets, with the total value of new contracts awarded to the Corporation exceeding VND9,200 billion.
Currently, VINACONEX is implementing many large-scale and strategically significant civil and transportation infrastructure construction projects: the expansion project of the North-South Expressway (Eastern section, La Son - Hoa Lien section), the expansion project of the Ho Chi Minh City - Long Thanh Expressway, and the Ninh Binh - Hai Phong Expressway (section through Nam Dinh and Thai Binh). VINACONEX is actively expanding its cooperation with international general contractors and investors from South Korea, China, Taiwan (China), and Japan to develop its market share in FDI projects.
Land leasing and technical infrastructure leasing activities at Hoa Lac High-Tech Park and office spaces in Hanoi and Ho Chi Minh City continue to be effective. Sales and operations at several projects such as VINACONEX Diamond Tower (Hanoi) and Vera Diamond City (Mong Cai City - Quang Ninh) have been strengthened. Notably, the Dong Anh Industrial Park (300 hectares, total investment of VND6,338 billion) has received investment approval, and VINACONEX has been approved as the investor to implement the project.
The Capital One high-end commercial, office, and hotel complex project (Kim Van - Kim Lu, Hanoi), covering an area of 13,141 m2, is currently undergoing underground construction. The Condotel Resort (Tuy Hoa, Phu Yen), covering 93,800 m2, has completed legal procedures and is constructing the main technical infrastructure components.
In particular, the Kira Home social housing project, part of phase 1 of the Viet Duc Legend City urban area project (Phu Tho province), was also topped out by VINACONEX last February. Spanning over 15,000 square meters and offering 352 apartments, Kira Home is one of the foundations for the Corporation to expand into the field of social housing development.
N.Nga
Source: VITIC/Tinnhanhchungkhoan
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