COFICO HOLDS THE ANNUAL GENERAL MEETING OF SHAREHOLDERS FOR FISCAL YEAR 2025

On 30 June 2026, Construction Joint Stock Company No.1 (COFICO) successfully convened its Annual General Meeting of Shareholders (AGM) for Fiscal Year 2025. The Meeting was attended by representatives of COFICO’s strategic shareholders, including Maeda Corporation (Japan) and Saigon Construction Corporation (SGCC), together with members of the Board of Directors, the Supervisory Board, the Board of Management, and a large number of shareholders. Held in a formal and constructive atmosphere with a high level of consensus, the AGM marked an important milestone in the Company’s strategic transformation and future development.


On behalf of the Presidium, Mr. Nguyen Vu Thach, Chief Executive Officer, presented the Company’s business performance for Fiscal Year 2025 and the business plan for 2026. Amid continued market uncertainties, COFICO has implemented its “Transformation Year” strategy by strengthening its corporate governance structure, accelerating digitalization across its operations, and focusing on sustainable foreign direct investment (FDI) clients as a key growth segment.



One of the key agenda items of this year’s AGM was the election of the Supervisory Board for the 2026–2029 term. With overwhelming shareholder support, the Meeting elected three members to the new Supervisory Board: Mr. Nguyen Hong Lan, Ms. Tran Thi Thien Thanh, and Ms. Marika Fujikawa. The appointment of experienced professionals to the Supervisory Board further reinforces COFICO’s commitment to transparency, accountability, and best practices in corporate governance.


In his address to the Meeting, Mr. Le Dang Xu, Chairman of the Board of Directors, expressed his sincere appreciation for the dedication and outstanding contributions of the Board of Management and all COFICO employees, both at the corporate office and across project sites, throughout the past year. He emphasized that the Company’s encouraging business results and stronger growth compared with previous years were made possible by the collective commitment, professionalism, and strong sense of responsibility demonstrated by its people.
Looking ahead, Chairman Le Dang Xu noted that Vietnam’s construction industry is entering a new phase of rapid growth, bringing significant opportunities as well as increasingly demanding challenges. To respond effectively to this changing environment, he called on COFICO to further accelerate innovation and transformation initiatives, strengthen operational excellence, and continuously enhance its competitiveness. These strategic efforts, he emphasized, will not only deliver greater value to shareholders but also ensure the Company’s sustainable development and improve the well-being of its employees.

Mrs. Nguyen Thi Bich Kieu, Member of the Board of Directors, presented several important proposals to the Meeting, including the Company’s financial matters, the appointment of the independent auditor, and notably the approval of the amended and supplemented Company Charter. The revised Charter incorporates the latest legal and regulatory requirements, providing a stronger governance framework to support COFICO’s sustainable long-term development.
The Annual General Meeting of Shareholders for Fiscal Year 2025 concluded successfully, reflecting the strong alignment and consensus among the Board of Directors, the Board of Management, and shareholders regarding the Company’s strategic direction for the years ahead. The resolutions adopted at the Meeting will serve as an important foundation for COFICO to achieve its business objectives, create sustainable value for both the Company and its shareholders.