Vinh Phuc Infrastructure to adjust investment, reshuffle board

Vinh Phuc Infrastructure Development Joint Stock Company (VPID) will hold its Annual General Meeting (AGM) on January 11, 2026, to address key strategic adjustments and operational results for the fiscal year 2025 and plans for 2026. A central agenda item is the proposed dismissal of two board members, Mr. Phung Van Quy (member) and Mr. Ton Tich Quang Nam (independent member), and the election of two additional members for the 2024-2028 term, ensuring continued board oversight and strategic alignment.

The company's operational performance for 2025 indicates a consolidated profit after tax of VND 130.13 billion, exceeding the plan by 13.09%, with a proposed 25% dividend payout ratio (10% cash, 15% shares). The AGM will also approve an adjustment to the total investment for the Song Lo II Industrial Park project, increasing it to VND 2,180,000,000,000. This adjustment, up 43.42% from the initial plan, aims to enhance financial performance despite rising costs.

VPID emphasizes a commitment to sustainable development, digital transformation, and strengthening internal controls. The Audit Committee reported that the company’s financial statements are prepared transparently and in compliance with regulations, with no material legal risks identified in 2025. The company will focus on improving infrastructure services and attracting strategic investors in 2026.