Vinafreight board approves related-party transactions and management decentralization

Vinafreight Joint Stock Company (Vinafreight) disclosed on December 18, 2025, that its board of directors passed Resolution No. 18/2025/NQ.HĐQT-VNF. The resolution approves significant transactions with Vietnam Foreign Trade Logistics Joint Stock Company, a related party. These involve the provision and use of logistics services, as well as payment facilitation for such services. The total value of these contracts and transactions is less than 35% of Vinafreight's total assets as reported in its most recent financial statements.

The board of directors authorized the chairman of the board to finalize the specific terms and conditions of these contracts and directed the general director to execute all necessary procedures to ensure the transactions are carried out in the company's best interest.

Additionally, Resolution No. 18/2025/NQ.HĐQT-VNF approved the issuance of a new regulation on the decentralization of management and operational authority within Vinafreight. This resolution takes effect from its signing date.