VIJAKO SUCCESSFULLY HELD THE 2025 ANNUAL GENERAL MEETING OF SHAREHOLDERS

On the morning of April 19, 2025, VIJAKO Company successfully organized the 2025 Annual General Meeting of Shareholders to approve the 2024 business performance and the development orientation and goals for 2025.

The meeting took place in a solemn, serious, and professional atmosphere. All agenda items were presented clearly and thoroughly, receiving high consensus from the shareholders, reflecting their trust and support for the Board of Management’s direction and development strategy for 2025. The discussion session recorded many practical and constructive comments.

Mr. Le Van Chien – Chairman of the Board of Directors cum General Director delivered the opening speech of the Meeting.

2024 Business Performance

In 2024, the construction industry recorded a growth rate of 7.8 – 8.2%, the highest since 2020. Although the real estate market showed signs of recovery, the industry still faced many challenges, such as a high increase in input costs, investment capital shortages, and fierce competition pressure.

In that situation, VIJAKO proactively implemented many flexible and timely management solutions under the close direction of the Board of Directors and the Executive Board. As a result, the value of newly signed contracts increased by 15.08% compared to 2023; revenue increased by 13.2% compared to 2023.

The Board of Directors and the Executive Board of VIJAKO reported the 2024 business performance with stable and sustainable results.

Although the achieved results have not reached 100% of the set targets, the above results show VIJAKO’s stable and sustainable growth. These achievements were thanks to the relentless efforts of the entire VIJAKO team in maintaining business efficiency amid the market’s many difficulties.

In particular, in 2024, the Company increased the salary level for employees who have reached the deadline according to the Salary and bonus regulations by a rate of over 80%. Numerous welfare policies were also implemented, ensuring a balanced benefit for employees, the company, and shareholders.

Development Orientation And Goals For 2025

Building on the positive results of 2024, the General Meeting of Shareholders unanimously approved the following development orientations for 2025: Continue to focus on developing the Company’s strengths in the high-end and near-high-end projects developed by reputable Employers; expand access to the public investment and high-rise building construction; accelerate the development of the industrial building segment; At the same time, strengthen the internal operating system, improve management efficiency, etc.

The discussion session took place in a vibrant atmosphere, recording many practical comments from shareholders.

After the presentation of important reports by the Presidium, the discussion session took place enthusiastically with many constructive comments from shareholders, demonstrating the shareholders’ responsibility to accompany the Company’s development. The General Meeting approved all reports, including the 2024 financial report, profit distribution plan, 2025 business plan, and other contents related to business direction and management. All reports were passed with a high voting rate from shareholders.

The General Meeting approved important issues regarding 2024 business performance and 2025 development orientations and goals with high consensus from shareholders.

The General Meeting concluded with a unanimous agreement on the development strategy for 2025 and the following years. The strong consensus from shareholders is an important basis for VIJAKO to further leverage its internal strengths, successfully achieve the set goals, improve competitiveness, and gradually affirm the Company’s position, reputation, and brand in the market.