AsemconnectVietnam - Following a strong restructuring phase, TIG aims for significant growth in both charter capital and profit in 2026.

On May 13th, Thang Long Investment Group Joint Stock Company (TIG) held its 2026 Annual General Meeting of Shareholders in Phu Tho.
At the meeting, shareholders approved the 2026 business plan with total revenue of VND1,200 billion, a 5% increase compared to 2025; and pre-tax profit of VND250 billion, an increase of over 140% compared to 2025. Simultaneously, the meeting also approved the goal of increasing charter capital from VND1,936 billion to VND4,372 billion.
In 2026, TIG will continue to accelerate investment in two key projects: the Vuon Vua Eco-Tourism and Villa Resort in Phu Tho and the TIG INFINITY office tower and hotel apartment project (108 Nguyen Trai, Hanoi). In addition, TIG is continuing to promote several other projects such as: the 202 Ho Tung Mau residential, office, and commercial service complex project; the Van Tri Thang Long project (Van Tri Ecoland); the Thang Long Huong Son 1 and Thang Long Huong Son 2 wind power projects (Quang Tri); and real estate business in Hungary…
Specifically for the Vuon Vua Resort project, TIG will focus on completing construction and sales of 200 Japanese-style villas, selling and handing over the Royal Lotus and De Lien Villas subdivisions, and commencing construction of the twin condotel towers with nearly 400 tourist apartments, The Parkin Forest. With TIG INFINITY, the project is currently completing the basement section and may be open for sale, generating cash flow in 2026.
In 2026, TIG will cooperate with China State Construction Engineering Corporation No. 2 (CSCEC2) to form a joint venture general contractor, CSCEC2 - TIG. This will provide a basis for TIG to expand its scope and capacity to participate in the execution of large-scale construction and installation projects.
TIG shareholders also approved the plan to issue shares to increase charter capital. Specifically, TIG will issue 193,606,205 shares, with a total expected offering value at par of VND 1,936 billion. The proceeds will be largely allocated to the implementation of the Vuon Vua Resort project (over VND 1,700 billion).
In 2025, TIG will not distribute profits in order to reserve resources for investment and business activities.
At the General Meeting, Mr. Nguyen Phuc Long, Chairman of the Board of Directors of TIG, stated that real estate will remain the core business of the company in the coming period. However, given the changing market landscape, the company will continue to focus on building, handing over, and operating the Vuon Vua and TIG INFINITY resort projects, while seeking M&A opportunities for projects with good locations and optimized costs to increase operational efficiency.
Mr. Long added that the company's energy segment is also receiving many positive signals. The Thang Long Huong Son 1 and Thang Long Huong Son 2 wind power projects (Quang Tri province) are among the projects with the highest wind reserves in Vietnam and are currently being promoted for investment. In the context of energy being considered the lifeblood of development, the energy segment could become a key sector for TIG in the future. The company is also seeking additional efficient energy projects in Laos to expand its market.
According to Mr. Long, Vietnam's economy aims for double-digit growth between 2026 and 2030, leading to a huge demand for capital, estimated at approximately VND38.5 million billion (~1.5 trillion USD at current exchange rates). With increased public investment and the simultaneous implementation of large-scale infrastructure and urban development projects, the construction market is expected to grow strongly, shifting towards large-scale and complex projects. This requires general contractors with comprehensive capabilities, combining international experience and understanding of the domestic market. This is precisely the reason for the formation of the CSCEC2 - TIG Joint Venture. The CSCEC2 – TIG joint venture opens up a significant opportunity for TIG in the general construction contracting sector. This is also a promising area as TIG will undertake many projects in the future, including real estate, energy, etc., along with its existing network of clients and partners.
N.Nga
Source: VITIC/Tinnhanhchungkhoan