GELEX completes digital transformation strategy, with a vision to 2030 - Gelex Holdings<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gelex.vn\/en\/news-en\/gelex-completes-digital-transformation-strategy-with-a-vision-to-2030.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GELEX completes digital transformation strategy, with a vision to 2030 - Gelex Holdings\" \/>\n<meta property=\"og:description\" content=\"After 15 months of implementation with the support of FPT Digital, GELEX has successfully completed the \u201cDigital Transformation Strategy and Roadmap Development\u201d project. GELEX is now ready to move into the execution phase, translating its digital transformation strategy into practical initiatives to enhance governance efficiency and build a strong foundation for sustainable growth toward 2030. 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It represents an important step for GELEX in aligning management thinking, spreading core values, and building an innovation-driven culture from the Group level to sub-holdings and member companies.<\/p>\nConcluding the Workshop Series, Opening a New Management Mindset<\/p>\nUnder the leadership of Nguy\u1ec5n Th\u1ecb Minh Giang, the workshop was designed with a modern approach, combining theoretical foundations with practical, hands-on experiences.<\/p>\nReal-life case studies were not only used for illustration but also to stimulate thinking beyond conventional frameworks and challenge established patterns of thought.<\/p>\n<img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-14988 aligncenter\" src=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.1X-1024x332.jpg\" alt=\"\" width=\"1024\" height=\"332\" srcset=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.1X-1024x332.jpg 1024w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.1X-480x156.jpg 480w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.1X-768x249.jpg 768w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.1X-1536x499.jpg 1536w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.1X-2048x665.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/p>\nThe open learning atmosphere, together with active discussions and strong engagement from participants, demonstrated that this was no longer a traditional training session. Instead, it became a space for management teams to reflect on how the organization operates and how they themselves lead their teams on a daily basis.<\/p>\n<img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-14990 aligncenter\" src=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.2X-1024x332.jpg\" alt=\"\" width=\"1024\" height=\"332\" srcset=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.2X-1024x332.jpg 1024w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.2X-480x156.jpg 480w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.2X-768x249.jpg 768w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.2X-1536x499.jpg 1536w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.2X-2048x665.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/p>\nAt the program, Mr. Nguy\u1ec5n Tr\u1ecdng Trung \u2013 General Director of GELEX Electricity Joint Stock Company \u2013 shared insights on the value of change. He highlighted the \u201csuccess trap,\u201d where experiences that once drove an organization\u2019s growth in the past may become barriers if they are not updated in a changing context.<\/p>\n<img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-14992 aligncenter\" src=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.3X-1024x605.jpg\" alt=\"\" width=\"1024\" height=\"605\" srcset=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.3X-1024x605.jpg 1024w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.3X-480x284.jpg 480w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.3X-768x454.jpg 768w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.3X-1536x908.jpg 1536w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.3X.jpg 2000w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/p>\n\u201cInnovation does not necessarily start with big things; it begins with each individual daring to change their mindset and being willing to change old habits that are no longer relevant.\u201d Nguy\u1ec5n Tr\u1ecdng Trung – CEO, GELEX Electricity JSC<\/p>\nAt the workshop, topics on innovation and organizational transformation were approached through structured, science-based frameworks and methodologies.<\/p>\nMr. T\u00f4n M\u1ea1nh D\u0169ng \u2013 Deputy CEO of GELEX Infrastructure Joint Stock Company \u2013 shared: \u201cFor me, the four leadership principles of change are highly practical. We can apply them immediately within our company. In fact, we had already been doing some of these practices before, but after this course, we were able to systematize them into a formal process.\u201d<\/p>\nMany participants noted that the greatest value of the program lies in shifting the management mindset from a control-oriented operating model to one that empowers employees to proactively participate in problem-solving.<\/p>\nSeveral managers also shared that they now have a clearer understanding of their responsibility in creating a more open, proactive, and experimental work environment, rather than focusing solely on control based on traditional management thinking.<\/p>\n<img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-14994 aligncenter\" src=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.4X-1024x605.jpg\" alt=\"\" width=\"1024\" height=\"605\" srcset=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.4X-1024x605.jpg 1024w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.4X-480x284.jpg 480w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.4X-768x454.jpg 768w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.4X-1536x908.jpg 1536w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.4X.jpg 2000w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/p>\nManagers are the pioneering \u2018core factors\u2019 driving change. Therefore, equipping leadership teams with an innovative mindset is the key to spreading core values, building a creative working environment, and serving as a launchpad for sustainable development.\u201d \n– Mr. \u0110\u1eb7ng Phan T\u01b0\u1eddng, Chairman of the Board of Directors of Electrical Equipment Joint Stock Company (THIBIDI)<\/p>\nInnovation Starts with the Environment Created by leaders<\/p>\nPrior to THIBIDI and CFT, the workshop series was first conducted for the Group Leadership Board on April 2, 2026, and subsequently expanded to various member companies, including GELEX Electric Joint Stock Company, GELEX Infrastructure Joint Stock Company, CADIVI Electrical Wire and Cable Joint Stock Company, EMIC Electrical Measuring Instrument Joint Stock Company, MEEPOWER, GELEX Electrical Equipment & Technology Joint Stock Company, and VIWASUPCO.<\/p>\n<img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-14996 size-full\" src=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.5X.jpg\" alt=\"\" width=\"1518\" height=\"2560\" srcset=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.5X.jpg 1518w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.5X-213x360.jpg 213w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.5X-455x768.jpg 455w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.5X-768x1295.jpg 768w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.5X-911x1536.jpg 911w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.5X-1214x2048.jpg 1214w\" sizes=\"auto, (max-width: 1518px) 100vw, 1518px\" \/><\/p>\nThe organization-wide and synchronized implementation demonstrates that this is not a standalone training initiative, but a long-term development orientation of GELEX.<\/p>\nAccording to the Group\u2019s strategy, innovation is no longer limited to technology or new products; it has become a core competitive capability for future enterprises. In a context of rapid market changes, continuous technological advancement, and increasingly volatile business models, sustainable growth cannot rely solely on financial resources or scale. Instead, it requires a workforce capable of adaptability, learning, and continuous innovation. This is also why GELEX has chosen to start by transforming leadership mindset and embedding a culture of innovation across the organization.<\/p>\n<img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-14998 aligncenter\" src=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.6X-1024x605.jpg\" alt=\"\" width=\"1024\" height=\"605\" srcset=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.6X-1024x605.jpg 1024w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.6X-480x284.jpg 480w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.6X-768x454.jpg 768w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.6X-1536x908.jpg 1536w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.6X.jpg 2000w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/p>\n\u201cA leader who wants an innovative team must first create a safe environment where people feel free to think differently and dare to experiment.\u201d<\/p>\nMs. Nguyen Thi Minh Giang, Member of the Board of Directors, GELEX Group Joint Stock Company<\/p>\nInnovation is defined by GELEX as one of its three core values. The implementation of synchronized training across the entire system not only enhances management capabilities and adaptability across member companies, but also reflects the Group\u2019s direction of embedding an \u201cinnovation DNA\u201d throughout the GELEX ecosystem. This is also how GELEX continues to live by and bring its core values into practice.<\/p>\nInnovation at GELEX is a Mandatory Requirement<\/p>\nAt a previous workshop for the Group Leadership Board, Mr. Nguy\u1ec5n V\u0103n Tu\u1ea5n \u2013 Chairman of the Board of Directors of GELEX Group Joint Stock Company \u2013 emphasized that innovation is no longer an option, but a mandatory requirement for businesses in the current context. He stated: \u201cThe Group\u2019s upcoming projects are large in scale and play an important role in the country\u2019s development. The old ways of doing things must almost certainly change.\u201d<\/p>\nBased on this direction, GELEX is approaching innovation by building a culture of continuous learning, encouraging critical thinking, experimentation, and empowerment, rather than focusing only on isolated initiatives.<\/p>\nInnovation is defined as a capability that must exist in the mindset and operations of the entire system, not limited to a dedicated function or department.<\/p>\n<img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-15002 aligncenter\" src=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.7X-1024x605.jpg\" alt=\"\" width=\"1024\" height=\"605\" srcset=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.7X-1024x605.jpg 1024w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.7X-480x284.jpg 480w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.7X-768x454.jpg 768w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.7X-1536x908.jpg 1536w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.7X.jpg 2000w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/p>\n\u201c Technology can be purchased, but innovation capability must be formed from culture.\u201d \nMr. Nguy\u1ec5n V\u0103n Tu\u1ea5n, Chairman of the Board of Directors, GELEX Group Joint Stock Company<\/p>\nAccording to many management experts, this is also a trend pursued by major corporations globally, where people and corporate culture are increasingly becoming the core foundation of sustainable innovation capability.<\/p>\nIn the context of Vietnam\u2019s strong push for its national strategy on science, technology, and innovation, GELEX, along with other Vietnamese enterprises, needs to proactively engage in the global innovation movement in order to achieve sustainable growth.<\/p>\n<img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-15004 aligncenter\" src=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/1.8X-1024x332.jpg\" alt=\"\" width=\"1024\" height=\"332\" srcset=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/1.8X-1024x332.jpg 1024w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/1.8X-480x156.jpg 480w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/1.8X-768x249.jpg 768w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/1.8X-1536x499.jpg 1536w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/1.8X-2048x665.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/p>\nFor a company with long-term development ambitions like GELEX, investing in people, a learning culture, and creative capabilities is not only about improving business performance, but also a way to align with the broader goal of enhancing national competitiveness in the new era.<\/p>\nConcluding the workshop series, what remains is not only the knowledge gained from the training sessions, but also a renewed mindset among management teams across the entire system\u2014ready to change, ready to learn, and ready to create better ways of working for the organization.<\/p>\nThis also forms the foundation GELEX is steadily building toward a continuously innovative organization that is agile, adaptive, and capable of sustainable growth in the future.<\/p>\nPR DEPARTMENT<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"On May 30, 2026, GELEX concluded the workshop series \u201cLeading and Building a Culture of Innovation\u201d with a training session for more than 40 managers and leaders from Electrical Equipment Joint Stock Company (THIBIDI) and Vietnam Copper Wire Company (CFT) in Dong Nai. This session marked the final activity in a series of programs implemented […]<\/p>\n","protected":false},"author":22,"featured_media":15006,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63,70],"tags":[],"class_list":["post-15106","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","category-news-events"],"yoast_head":"<title>Workshop \u201cLeading and Building a Culture of Innovation\u201d: GELEX\u2019s Journey to Spreading Core Values Across the Entire System - Gelex Holdings<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gelex.vn\/en\/news-en\/workshop-leading-and-building-a-culture-of-innovation-gelexs-journey-to-spreading-core-values-across-the-entire-system.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Workshop \u201cLeading and Building a Culture of Innovation\u201d: GELEX\u2019s Journey to Spreading Core Values Across the Entire System - Gelex Holdings\" \/>\n<meta property=\"og:description\" content=\"On May 30, 2026, GELEX concluded the workshop series \u201cLeading and Building a Culture of Innovation\u201d with a training session for more than 40 managers and leaders from Electrical Equipment Joint Stock Company (THIBIDI) and Vietnam Copper Wire Company (CFT) in Dong Nai. 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Named Among Top 10 Outstanding Annual General Meetings of 2026"},"content":{"rendered":"On May 25, 2026, GELEX Group JSC was honored among the Top 10 Outstanding Annual General Meetings of 2026 (AGM Awards 2026) in the mid-cap category for companies with market capitalization ranging from VND 10 trillion to VND 40 trillion.<\/em><\/p>\n<img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-15024 aligncenter\" src=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7869644023005_75f91c3645f79275a160efdf486273a9-768x981-1-601x768.jpg\" alt=\"GELEX Named Among Top 10 Outstanding Annual General Meetings of 2026\" width=\"601\" height=\"768\" srcset=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7869644023005_75f91c3645f79275a160efdf486273a9-768x981-1-601x768.jpg 601w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7869644023005_75f91c3645f79275a160efdf486273a9-768x981-1-282x360.jpg 282w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7869644023005_75f91c3645f79275a160efdf486273a9-768x981-1.jpg 768w\" sizes=\"auto, (max-width: 601px) 100vw, 601px\" \/><\/p>\nThe program, organized by CafeF in collaboration with the Vietnam Institute of Directors (VIOD), recognizes listed companies that demonstrate excellence in organizing Annual General Meetings while promoting transparency and strong corporate governance practices.<\/p>\nThe evaluation was based on two pillars to ensure independence and objectivity: direct on-site assessment of the meeting atmosphere and organization, and professional evaluation of AGM preparations, including meeting documents, shareholder materials, financial statements, and ESG implementation roadmaps.<\/p>\nGELEX\u2019s inclusion in the Top 10 reflects the market\u2019s recognition of the Group\u2019s ongoing efforts to enhance governance standards, strengthen transparency, and protect shareholder interests.<\/p>\nEarlier, on April 1, 2026, GELEX held its Annual General Meeting at Fairmont Hanoi in a hybrid format, combining in-person and virtual participation. The meeting incorporated an electronic voting system to improve convenience, transparency, and efficiency for shareholders.<\/p>\nThe AGM featured a comprehensive agenda, well-structured proceedings, and an open spirit of dialogue. GELEX\u2019s leadership team directly engaged with shareholders, providing candid responses to a wide range of topics, including business plans, growth strategy for the next phase of development, investment direction, leadership matters, dividend policy, charter capital increases, and corporate governance issues.<\/p>\nAs transparency and accountability become increasingly important in the market, a professionally organized AGM reflects not only a company\u2019s governance capabilities but also its long-term commitment to shareholders and investors. This recognition further strengthens GELEX\u2019s credibility in the capital market and supports its ongoing pursuit of advanced governance standards.<\/p>\nPR DEPARTMENT<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"On May 25, 2026, GELEX Group JSC was honored among the Top 10 Outstanding Annual General Meetings of 2026 (AGM Awards 2026) in the mid-cap category for companies with market capitalization ranging from VND 10 trillion to VND 40 trillion. The program, organized by CafeF in collaboration with the Vietnam Institute of Directors (VIOD), recognizes […]<\/p>\n","protected":false},"author":22,"featured_media":14758,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63,70],"tags":[],"class_list":["post-15023","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","category-news-events"],"yoast_head":"<title>GELEX Named Among Top 10 Outstanding Annual General Meetings of 2026 - Gelex Holdings<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gelex.vn\/en\/news-en\/gelex-named-among-top-10-outstanding-annual-general-meetings-of-2026.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GELEX Named Among Top 10 Outstanding Annual General Meetings of 2026 - Gelex Holdings\" \/>\n<meta property=\"og:description\" content=\"On May 25, 2026, GELEX Group JSC was honored among the Top 10 Outstanding Annual General Meetings of 2026 (AGM Awards 2026) in the mid-cap category for companies with market capitalization ranging from VND 10 trillion to VND 40 trillion. 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With more accurate, transparent, and real-time information, the system provides a stronger foundation for HR decision-making and enhances overall governance capabilities across the Group.<\/p>\nLaunched in Q4 2024, the project was developed with the vision of building a unified HR information and operations platform at Group scale. After more than a year of implementation, GELEX has now completed both the Phase 2 acceptance and final overall acceptance of the project in partnership with FPT Corporation.<\/p>\nThe successful completion of the project across GELEX and its 13 member companies creates the foundation for long-term, effective system operation in practice, supporting more than 2,700 employees across the organization.<\/p>\nThe milestone also reinforces GELEX\u2019s consistent commitment to adopting advanced management solutions that enhance operational effectiveness, optimize internal processes, and build a stronger organizational platform to support sustainable growth and long-term development through 2030.<\/p>\nPR DEPARTMENT<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"As part of GELEX\u2019s broader journey to strengthen governance standards and accelerate digital transformation, the iHRP platform helps unify HR operations across the system, from standardizing employee data and streamlining management processes to optimizing centralized payroll and improving coordination among member companies. Beyond operational efficiency, the project marks an important step toward a more data-driven […]<\/p>\n","protected":false},"author":22,"featured_media":13827,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[70,63],"tags":[],"class_list":["post-15027","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-events","category-news-en"],"yoast_head":"<title>GELEX has officially completed the Group-wide rollout and acceptance of its iHRP human resource management project. - Gelex Holdings<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gelex.vn\/en\/news-en\/gelex-has-officially-completed-the-group-wide-rollout-and-acceptance-of-its-ihrp-human-resource-management-project.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GELEX has officially completed the Group-wide rollout and acceptance of its iHRP human resource management project. - Gelex Holdings\" \/>\n<meta property=\"og:description\" content=\"As part of GELEX\u2019s broader journey to strengthen governance standards and accelerate digital transformation, the iHRP platform helps unify HR operations across the system, from standardizing employee data and streamlining management processes to optimizing centralized payroll and improving coordination among member companies. 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H\u1ea1 t\u1ea7ng","publisher":{"@id":"https:\/\/gelex.vn\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/gelex.vn\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/gelex.vn\/#organization","name":"Gelex Holdings","url":"https:\/\/gelex.vn\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/gelex.vn\/#\/schema\/logo\/image\/","url":"https:\/\/gelex.vn\/wp-content\/uploads\/2024\/11\/LOGO-GELEX-2.svg","contentUrl":"https:\/\/gelex.vn\/wp-content\/uploads\/2024\/11\/LOGO-GELEX-2.svg","caption":"Gelex Holdings"},"image":{"@id":"https:\/\/gelex.vn\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/gelex.vn\/#\/schema\/person\/54183d5fbc4d9f353a072597fb1b34ad","name":"linh.le-thuy@gelex.vn","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/4cfda125053113a05b939668d7428545177a0a70cabd5e2c08b22d12159cc15a?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/4cfda125053113a05b939668d7428545177a0a70cabd5e2c08b22d12159cc15a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/4cfda125053113a05b939668d7428545177a0a70cabd5e2c08b22d12159cc15a?s=96&d=mm&r=g","caption":"linh.le-thuy@gelex.vn"},"url":"https:\/\/gelex.vn\/en\/author\/linh-le-thuygelex-vn"}]}},"_links":{"self":[{"href":"https:\/\/gelex.vn\/en\/wp-json\/wp\/v2\/posts\/15027","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gelex.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gelex.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gelex.vn\/en\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/gelex.vn\/en\/wp-json\/wp\/v2\/comments?post=15027"}],"version-history":[{"count":1,"href":"https:\/\/gelex.vn\/en\/wp-json\/wp\/v2\/posts\/15027\/revisions"}],"predecessor-version":[{"id":15028,"href":"https:\/\/gelex.vn\/en\/wp-json\/wp\/v2\/posts\/15027\/revisions\/15028"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gelex.vn\/en\/wp-json\/wp\/v2\/media\/13827"}],"wp:attachment":[{"href":"https:\/\/gelex.vn\/en\/wp-json\/wp\/v2\/media?parent=15027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gelex.vn\/en\/wp-json\/wp\/v2\/categories?post=15027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gelex.vn\/en\/wp-json\/wp\/v2\/tags?post=15027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":15029,"date":"2026-05-04T08:28:23","date_gmt":"2026-05-04T01:28:23","guid":{"rendered":"https:\/\/gelex.vn\/?p=15029"},"modified":"2026-06-02T17:11:30","modified_gmt":"2026-06-02T10:11:30","slug":"accelerating-site-clearance-for-industrial-park-no-01-hung-yen","status":"publish","type":"post","link":"https:\/\/gelex.vn\/en\/news-en\/accelerating-site-clearance-for-industrial-park-no-01-hung-yen.html","title":{"rendered":"Accelerating site clearance for Industrial Park No.01, Hung Yen"},"content":{"rendered":"Site clearance for Industrial Park No.01, developed by Viglacera Hung Yen JSC, is gaining momentum, with groundbreaking targeted for June 2026.<\/em><\/p>\nFull community support for site clearance<\/strong><\/p>\nOn April 28\u201329, 2026, 138 households in Yen My commune, Hung Yen province, received compensation and site clearance support, totaling over VND 103 billion. The payments were carried out by the project developer, Viglacera Hung Yen JSC, in coordination with local authorities, helping accelerate overall progress.<\/p>\n<figure id=\"attachment_14807\" aria-describedby=\"caption-attachment-14807\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-14807 size-large\" src=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7787895166315_b3760e9f3366d64b62cb51904863cc13-1024x683.jpg\" alt=\"\" width=\"1024\" height=\"683\" srcset=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7787895166315_b3760e9f3366d64b62cb51904863cc13-1024x683.jpg 1024w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7787895166315_b3760e9f3366d64b62cb51904863cc13-480x320.jpg 480w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7787895166315_b3760e9f3366d64b62cb51904863cc13-768x512.jpg 768w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7787895166315_b3760e9f3366d64b62cb51904863cc13-1536x1024.jpg 1536w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7787895166315_b3760e9f3366d64b62cb51904863cc13-2048x1366.jpg 2048w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7787895166315_b3760e9f3366d64b62cb51904863cc13-350x233.jpg 350w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption id=\"caption-attachment-14807\" class=\"wp-caption-text\">Site clearance for Industrial Park No.01, Hung Yen, is being fast-tracked<\/figcaption><\/figure>\nPrior to this, two earlier compensation phases had already been completed with strong support from local residents. To date, site clearance has been fully completed in Xuan Truc commune and is being accelerated in Yen My, with the goal of delivering cleared land to the developer as soon as possible.<\/p>\nIndustrial Park No.01 spans Yen My and Xuan Truc communes and benefits from a strategic location, adjacent to Provincial Road 382B and directly connected to the Hanoi\u2013Hai Phong Expressway \u2013 serving as a key gateway to the Northern Key Economic Region.<\/p>\n<figure id=\"attachment_14809\" aria-describedby=\"caption-attachment-14809\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-14809 size-large\" src=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7787895146275_8dc31ee7a4b65019b37a8bcd162f918f-1024x604.jpg\" alt=\"\" width=\"1024\" height=\"604\" srcset=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7787895146275_8dc31ee7a4b65019b37a8bcd162f918f-1024x604.jpg 1024w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7787895146275_8dc31ee7a4b65019b37a8bcd162f918f-480x283.jpg 480w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7787895146275_8dc31ee7a4b65019b37a8bcd162f918f-768x453.jpg 768w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7787895146275_8dc31ee7a4b65019b37a8bcd162f918f.jpg 1191w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption id=\"caption-attachment-14809\" class=\"wp-caption-text\">The project follows a green, smart, and sustainable development model<\/figcaption><\/figure>\nThe project follows a green, smart, and sustainable development model<\/em><\/p>\nThe project covers nearly 217 hectares, with a total investment of VND 2,325 billion and an operating term of 50 years. Under the approved 1\/2000 master plan, it is positioned as Hung Yen\u2019s first high-tech industrial park, built around three core pillars: green and sustainable, smart and modern, and connected and integrated.<\/p>\nOnce operational, the project is expected to create tens of thousands of jobs, while contributing to local economic growth and social development.<\/p>\nThe growing appeal of Viglacera\u2019s industrial parks<\/strong><\/p>\nHung Yen is increasingly attracting investment thanks to competitive incentives, a business-friendly environment, and strong support from local authorities. The province has been actively streamlining administrative procedures, improving transparency, shortening approval timelines, and effectively implementing a \u201cone-stop\u201d mechanism, making it easier for investors to enter and execute projects efficiently.<\/p>\nThe presence of established developers like Viglacera Corporation not only ensures the quality of industrial park development but also strengthens investor confidence and attracts further FDI inflows.<\/p>\nRecent results reflect this momentum. Viglacera has continued to secure major international investors, including recent successes in Thai Nguyen.<\/p>\nIn April 2026, POSCO Future M selected Song Cong II Industrial Park (Viglacera) to develop its first battery materials plant in Vietnam. The project spans 37 hectares, with an investment of over USD 400 million. Construction is expected to begin in the second half of 2026, with mass production targeted for 2028. The output will supply leading EV manufacturers in the United States.<\/p>\n<figure id=\"attachment_14811\" aria-describedby=\"caption-attachment-14811\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-14811 size-large\" src=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7787941833804_b6a573427b857f461aaf5e4743d49d2f-1024x316.jpg\" alt=\"\" width=\"1024\" height=\"316\" srcset=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7787941833804_b6a573427b857f461aaf5e4743d49d2f-1024x316.jpg 1024w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7787941833804_b6a573427b857f461aaf5e4743d49d2f-480x148.jpg 480w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7787941833804_b6a573427b857f461aaf5e4743d49d2f-768x237.jpg 768w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7787941833804_b6a573427b857f461aaf5e4743d49d2f-1536x475.jpg 1536w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7787941833804_b6a573427b857f461aaf5e4743d49d2f-2048x633.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption id=\"caption-attachment-14811\" class=\"wp-caption-text\">Thai Nguyen authorities present investment and business registration certificates to POSCO Future M<\/figcaption><\/figure>\nThai Nguyen authorities present investment and business registration certificates to POSCO Future M<\/em><\/p>\nThe entry of POSCO Future M adds to a growing list of global names investing in Viglacera\u2019s industrial parks, including Samsung, Amkor, Hyosung, Hana Micron, Foxconn, BYD, THK, and Canon. Beyond occupancy, Viglacera is taking a more proactive approach\u2014gradually building large-scale industrial ecosystems where global manufacturers establish strategic bases and integrate directly into global supply chains.<\/p>\nWith a proven track record, strong market reputation, and the backing of the GELEX ecosystem, Viglacera Hung Yen is well positioned to play a leading role in driving industrial development and attracting high-quality investment to the region.<\/p>\nPR DEPARTMENT<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"Site clearance for Industrial Park No.01, developed by Viglacera Hung Yen JSC, is gaining momentum, with groundbreaking targeted for June 2026. Full community support for site clearance On April 28\u201329, 2026, 138 households in Yen My commune, Hung Yen province, received compensation and site clearance support, totaling over VND 103 billion. The payments were carried […]<\/p>\n","protected":false},"author":22,"featured_media":14807,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63,70],"tags":[],"class_list":["post-15029","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","category-news-events"],"yoast_head":"<title>Accelerating site clearance for Industrial Park No.01, Hung Yen - Gelex Holdings<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gelex.vn\/en\/news-en\/accelerating-site-clearance-for-industrial-park-no-01-hung-yen.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Accelerating site clearance for Industrial Park No.01, Hung Yen - Gelex Holdings\" \/>\n<meta property=\"og:description\" content=\"Site clearance for Industrial Park No.01, developed by Viglacera Hung Yen JSC, is gaining momentum, with groundbreaking targeted for June 2026. Full community support for site clearance On April 28\u201329, 2026, 138 households in Yen My commune, Hung Yen province, received compensation and site clearance support, totaling over VND 103 billion. The payments were carried […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/gelex.vn\/en\/news-en\/accelerating-site-clearance-for-industrial-park-no-01-hung-yen.html\" \/>\n<meta property=\"og:site_name\" content=\"Gelex Holdings\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-04T01:28:23+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-06-02T10:11:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7787895166315_b3760e9f3366d64b62cb51904863cc13.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1707\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"linh.le-thuy@gelex.vn\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"linh.le-thuy@gelex.vn\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/gelex.vn\\\/en\\\/news-en\\\/accelerating-site-clearance-for-industrial-park-no-01-hung-yen.html#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/gelex.vn\\\/en\\\/news-en\\\/accelerating-site-clearance-for-industrial-park-no-01-hung-yen.html\"},\"author\":{\"name\":\"linh.le-thuy@gelex.vn\",\"@id\":\"https:\\\/\\\/gelex.vn\\\/#\\\/schema\\\/person\\\/54183d5fbc4d9f353a072597fb1b34ad\"},\"headline\":\"Accelerating site clearance for Industrial Park No.01, Hung Yen\",\"datePublished\":\"2026-05-04T01:28:23+00:00\",\"dateModified\":\"2026-06-02T10:11:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/gelex.vn\\\/en\\\/news-en\\\/accelerating-site-clearance-for-industrial-park-no-01-hung-yen.html\"},\"wordCount\":575,\"publisher\":{\"@id\":\"https:\\\/\\\/gelex.vn\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/gelex.vn\\\/en\\\/news-en\\\/accelerating-site-clearance-for-industrial-park-no-01-hung-yen.html#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/gelex.vn\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/z7787895166315_b3760e9f3366d64b62cb51904863cc13.jpg\",\"articleSection\":[\"News & Events\",\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/gelex.vn\\\/en\\\/news-en\\\/accelerating-site-clearance-for-industrial-park-no-01-hung-yen.html\",\"url\":\"https:\\\/\\\/gelex.vn\\\/en\\\/news-en\\\/accelerating-site-clearance-for-industrial-park-no-01-hung-yen.html\",\"name\":\"Accelerating site clearance for Industrial Park No.01, Hung Yen - 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Full community support for site clearance On April 28\u201329, 2026, 138 households in Yen My commune, Hung Yen province, received compensation and site clearance support, totaling over VND 103 billion. The payments were carried […]","og_url":"https:\/\/gelex.vn\/en\/news-en\/accelerating-site-clearance-for-industrial-park-no-01-hung-yen.html","og_site_name":"Gelex Holdings","article_published_time":"2026-05-04T01:28:23+00:00","article_modified_time":"2026-06-02T10:11:30+00:00","og_image":[{"width":2560,"height":1707,"url":"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7787895166315_b3760e9f3366d64b62cb51904863cc13.jpg","type":"image\/jpeg"}],"author":"linh.le-thuy@gelex.vn","twitter_card":"summary_large_image","twitter_misc":{"Written by":"linh.le-thuy@gelex.vn","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/gelex.vn\/en\/news-en\/accelerating-site-clearance-for-industrial-park-no-01-hung-yen.html#article","isPartOf":{"@id":"https:\/\/gelex.vn\/en\/news-en\/accelerating-site-clearance-for-industrial-park-no-01-hung-yen.html"},"author":{"name":"linh.le-thuy@gelex.vn","@id":"https:\/\/gelex.vn\/#\/schema\/person\/54183d5fbc4d9f353a072597fb1b34ad"},"headline":"Accelerating site clearance for Industrial Park No.01, Hung Yen","datePublished":"2026-05-04T01:28:23+00:00","dateModified":"2026-06-02T10:11:30+00:00","mainEntityOfPage":{"@id":"https:\/\/gelex.vn\/en\/news-en\/accelerating-site-clearance-for-industrial-park-no-01-hung-yen.html"},"wordCount":575,"publisher":{"@id":"https:\/\/gelex.vn\/#organization"},"image":{"@id":"https:\/\/gelex.vn\/en\/news-en\/accelerating-site-clearance-for-industrial-park-no-01-hung-yen.html#primaryimage"},"thumbnailUrl":"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7787895166315_b3760e9f3366d64b62cb51904863cc13.jpg","articleSection":["News & Events","News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/gelex.vn\/en\/news-en\/accelerating-site-clearance-for-industrial-park-no-01-hung-yen.html","url":"https:\/\/gelex.vn\/en\/news-en\/accelerating-site-clearance-for-industrial-park-no-01-hung-yen.html","name":"Accelerating site clearance for Industrial Park No.01, Hung Yen - 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Growth was largely driven by market expansion and stronger sales across core product lines<\/p>\nOther segments also performed well. Building materials showed particularly strong momentum, with revenue rising 47.6% to VND 2,103 billion. The industrial parks and real estate segment generated VND 1,262 billion, up 8.4%, while utilities infrastructure posted VND 266 billion in revenue, up 44.7%, driven mainly by the gradual ramp-up of Phase 2 of the Song Da clean water project.<\/p>\nFinancial expenses increased during the quarter, reflecting GELEX\u2019s ongoing investment cycle as it continues to ramp up large-scale projects.<\/p>\nFor Q1 2026, GELEX reported pre-tax profit of VND 806 billion, up 24.9% year-on-year<\/strong>. This reflects the impact of continued market expansion alongside improved cost management, reinforcing a solid foundation for sustainable growth despite ongoing macroeconomic challenges.<\/p>\nAfter the first quarter, the company has completed around 24% of its full-year revenue target and 22% of its pre-tax profit target. Previously, the Annual General Meeting of Shareholders approved a 2026 plan of VND 44,712 billion in consolidated revenue and VND 3,615 billion in pre-tax profit.<\/p>\nAs of March 31, 2026, total assets reached VND 87,015 billion, up 18.4% compared to the beginning of the year. The increase in borrowings reflects the company\u2019s expansion phase, particularly in infrastructure, real estate, and major projects such as Gia Binh Airport.<\/p>\nDespite this, GELEX continues to maintain solid financial health and strong liquidity. This is consistent with the latest six-month credit rating review published on April 24 by VIS Rating, which reaffirmed GELEX\u2019s long-term credit rating at A with a Positive outlook<\/strong>.<\/p>\n<img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-14802 aligncenter\" src=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/04\/1.2X-768x768.jpg\" alt=\"GELEX Maintains Double-Digit Growth in Q1 2026\" width=\"768\" height=\"768\" srcset=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/04\/1.2X-768x768.jpg 768w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/04\/1.2X-360x360.jpg 360w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/04\/1.2X-1536x1536.jpg 1536w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/04\/1.2X.jpg 2000w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><\/p>\nAmid global economic uncertainties, Vietnam\u2019s GDP growth of approximately 7.83% in Q1 2026 points to a still-resilient macroeconomic foundation. Within this context, GELEX is entering a new growth cycle, guided by four strategic pillars: high-tech industry, infrastructure, real estate, and finance Amid global economic uncertainties, Vietnam\u2019s GDP growth of approximately 7.83% in Q1 2026 points to a still-resilient macroeconomic foundation. Within this context, GELEX is entering a new growth cycle, guided by four strategic pillars: High-tech industry, Infrastructure, Real estate, and Finance.<\/p>\nIn the first quarter alone, GELEX also marked several strategic milestones, including strengthening its governance structure for the new term, successfully raising USD 200 million in international capital, launching the upscale Fairmont Hanoi hotel, and expanding its investment portfolio with major projects while increasing its presence in high-end residential and commercial real estate.<\/p>\nOverall, Q1 2026 further demonstrates GELEX\u2019s ability to execute in a volatile business environment. With a clear long-term direction and strong adaptability, the company is steadily translating strategy into tangible results, laying the groundwork for sustainable growth ahead.<\/p>\nPR DEPARTMENT<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"GELEX delivered strong double-digit growth in the first quarter of 2026, as the company continued to scale up operations and advance key strategic projects. According to its latest Q1 financial statements, consolidated net revenue reached VND 10,722 billion, up 35.4% year-on-year. The electrical equipment segment remained the main growth driver, generating VND 7,061 billion in […]<\/p>\n","protected":false},"author":22,"featured_media":13827,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63,70],"tags":[],"class_list":["post-14799","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","category-news-events"],"yoast_head":"<title>GELEX Maintains Double-Digit Growth in Q1 2026 - Gelex Holdings<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gelex.vn\/en\/news-en\/gelex-maintains-double-digit-growth-in-q1-2026.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GELEX Maintains Double-Digit Growth in Q1 2026 - Gelex Holdings\" \/>\n<meta property=\"og:description\" content=\"GELEX delivered strong double-digit growth in the first quarter of 2026, as the company continued to scale up operations and advance key strategic projects. According to its latest Q1 financial statements, consolidated net revenue reached VND 10,722 billion, up 35.4% year-on-year. The electrical equipment segment remained the main growth driver, generating VND 7,061 billion in […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/gelex.vn\/en\/news-en\/gelex-maintains-double-digit-growth-in-q1-2026.html\" \/>\n<meta property=\"og:site_name\" content=\"Gelex Holdings\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-29T04:15:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-04-29T08:25:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/01\/TrXXXXsXXXXTXXaXnhXXXGELEX.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1272\" \/>\n\t<meta property=\"og:image:height\" content=\"952\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"linh.le-thuy@gelex.vn\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"linh.le-thuy@gelex.vn\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/gelex.vn\\\/en\\\/news-en\\\/gelex-maintains-double-digit-growth-in-q1-2026.html#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/gelex.vn\\\/en\\\/news-en\\\/gelex-maintains-double-digit-growth-in-q1-2026.html\"},\"author\":{\"name\":\"linh.le-thuy@gelex.vn\",\"@id\":\"https:\\\/\\\/gelex.vn\\\/#\\\/schema\\\/person\\\/54183d5fbc4d9f353a072597fb1b34ad\"},\"headline\":\"GELEX Maintains Double-Digit Growth in Q1 2026\",\"datePublished\":\"2026-04-29T04:15:46+00:00\",\"dateModified\":\"2026-04-29T08:25:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/gelex.vn\\\/en\\\/news-en\\\/gelex-maintains-double-digit-growth-in-q1-2026.html\"},\"wordCount\":483,\"publisher\":{\"@id\":\"https:\\\/\\\/gelex.vn\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/gelex.vn\\\/en\\\/news-en\\\/gelex-maintains-double-digit-growth-in-q1-2026.html#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/gelex.vn\\\/wp-content\\\/uploads\\\/2026\\\/01\\\/TrXXXXsXXXXTXXaXnhXXXGELEX.jpg\",\"articleSection\":[\"News & Events\",\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/gelex.vn\\\/en\\\/news-en\\\/gelex-maintains-double-digit-growth-in-q1-2026.html\",\"url\":\"https:\\\/\\\/gelex.vn\\\/en\\\/news-en\\\/gelex-maintains-double-digit-growth-in-q1-2026.html\",\"name\":\"GELEX Maintains Double-Digit Growth in Q1 2026 - 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According to its latest Q1 financial statements, consolidated net revenue reached VND 10,722 billion, up 35.4% year-on-year. 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Consolidated pre-tax profit reached VND 2,202 billion, achieving 126% of the annual plan. The parent company contributed VND 1,535 billion, exceeding its target by 8%.<\/p>\nThe dividend was a key highlight. Viglacera plans to pay a 22% cash dividend for 2025, equivalent to roughly VND 986 billion.<\/p>\n<figure id=\"attachment_14773\" aria-describedby=\"caption-attachment-14773\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-14773 size-large\" src=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/04\/IMG_3050-2-1024x683.jpg\" alt=\"\" width=\"1024\" height=\"683\" srcset=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/04\/IMG_3050-2-1024x683.jpg 1024w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/04\/IMG_3050-2-480x320.jpg 480w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/04\/IMG_3050-2-768x512.jpg 768w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/04\/IMG_3050-2-1536x1024.jpg 1536w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/04\/IMG_3050-2-350x233.jpg 350w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/04\/IMG_3050-2.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption id=\"caption-attachment-14773\" class=\"wp-caption-text\">Chairman Tr\u1ea7n M\u1ea1nh H\u1eefu emphasized that the company\u2019s shift in product mix and focus on efficiency is delivering results, despite rising competition and volatile input costs.<\/figcaption><\/figure>\nViglacera has also been quietly reshaping how it operates. The company has streamlined its structure, reduced unnecessary layers, and reorganized into more focused, specialized business units, enabling faster decisions, clearer accountability, and tighter control.<\/p>\nThis restructuring allows the company to focus resources on its core businesses, improve cost efficiency, and build a stronger foundation for its 2026\u20132030 strategy.<\/p>\n2026: investing for the next cycle, not chasing short-term growth<\/strong><\/p>\nFor 2026, Viglacera targets consolidated revenue of VND 15,300 billion (+15% year-on-year) and pre-tax profit of VND 1,820 billion.<\/p>\nGrowth will be driven by new industrial park developments, alongside continued investment in building materials manufacturing across both northern and southern regions.<\/p>\nIn 2026, Viglacera plans to break ground on nearly 900 hectares of new industrial parks, including T\u00e2y Ph\u1ed5 Y\u00ean (500 ha), Ph\u00f9 Ninh Phase 1 (150 ha), and Industrial Park No.1 in H\u01b0ng Y\u00ean (217 ha).<\/p>\n<figure id=\"attachment_14775\" aria-describedby=\"caption-attachment-14775\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-14775 size-large\" src=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/04\/map-19-kcn-01-1024x612.jpg\" alt=\"\" width=\"1024\" height=\"612\" srcset=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/04\/map-19-kcn-01-1024x612.jpg 1024w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/04\/map-19-kcn-01-480x287.jpg 480w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/04\/map-19-kcn-01-768x459.jpg 768w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/04\/map-19-kcn-01-1536x918.jpg 1536w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/04\/map-19-kcn-01-2048x1224.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption id=\"caption-attachment-14775\" class=\"wp-caption-text\">Viglacera continues to expand its industrial real estate portfolio and invest in infrastructure, while improving operations.<\/figcaption><\/figure>\nManagement has made it clear that the priority is to build a foundation for the next growth cycle rather than chase short-term gains. While this may not immediately translate into standout numbers, it reflects a deliberate approach to protecting long-term shareholder value and enabling future growth.<\/p>\nIn Q1 2026, early signals were positive, with growth in industrial real estate and improved performance across key building materials segments such as AAC, sanitary ware, and tiles. More importantly, the company has taken a more proactive approach to governance, helping optimize financial performance amid rising costs.<\/p>\nTight governance, cash flow optimization, and a clear focus on core business areas are expected to help Viglacera maintain sustainable growth across economic cycles.<\/p>\nThe AGM approved the dismissal of Mr. Nguy\u1ec5n Tr\u1ecdng Hi\u1ec1n and the appointment of Mr. \u0110inh V\u0103n Hi\u1ec7p as a new member of the Board of Directors for the 2024\u20132029 term. With experience in large-scale real estate projects, the new appointment is expected to support Viglacera\u2019s next phase of growth, particularly in industrial park development.<\/p>\nPR DEPARTMENT<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"On April 25, 2026, in Hanoi, Viglacera Corporation (HOSE: VGC) held its Annual General Meeting of Shareholders. With strong shareholder backing, the meeting went beyond approving reports and proposals, setting a clear direction for 2026\u20132030 amid ongoing macroeconomic uncertainty. 2025: strong results, built on flexibility and a leaner structure Management described 2025 as a year […]<\/p>\n","protected":false},"author":22,"featured_media":14771,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63,70],"tags":[],"class_list":["post-15031","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","category-news-events"],"yoast_head":"<title>Viglacera AGM 2026: Doubling down on core pillars \u2013 Building Materials and Real Estate, with a projected 22% dividend - Gelex Holdings<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gelex.vn\/en\/news-en\/viglacera-agm-2026-doubling-down-on-core-pillars-building-materials-and-real-estate-with-a-projected-22-dividend.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Viglacera AGM 2026: Doubling down on core pillars \u2013 Building Materials and Real Estate, with a projected 22% dividend - Gelex Holdings\" \/>\n<meta property=\"og:description\" content=\"On April 25, 2026, in Hanoi, Viglacera Corporation (HOSE: VGC) held its Annual General Meeting of Shareholders. 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In addition, GELEX will issue more than 180.4 million bonus shares at a 20% ratio (1 new share for every 5 shares held), bringing the total issuance ratio to 45%.<\/p>\nFollowing the issuance, GELEX\u2019s charter capital is expected to increase from VND 9,023 billion to VND 13,084 billion.<\/p>\nThis capital increase comes as GELEX enters a new phase of expansion, aligned with its long-term strategy across four core pillars: High-Tech Industry, Infrastructure, Real Estate, and Finance. These sectors are expected to remain key growth drivers of Vietnam\u2019s economy in the years ahead, and are areas where GELEX has built strong capabilities.<\/p>\nFor 2026, GELEX targets consolidated net revenue of VND 44,712 billion, maintaining double-digit growth across its core businesses. Pre-tax profit is projected at VND 3,615 billion.<\/p>\nPR DEPARTMENT<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"GELEX Group JSC (HoSE: GEX) has set May 6 as the record date for shareholders to receive its 2025 stock dividend and bonus shares. Under the plan, the company will issue over 225.5 million shares as a stock dividend at a 25% ratio (shareholders will receive 1 new share for every 4 shares held). In […]<\/p>\n","protected":false},"author":22,"featured_media":14758,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63,70],"tags":[],"class_list":["post-14757","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","category-news-events"],"yoast_head":"<title>GELEX sets record date for dividend and bonus share issuance - Gelex Holdings<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gelex.vn\/en\/news-en\/gelex-sets-record-date-for-dividend-and-bonus-share-issuance.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GELEX sets record date for dividend and bonus share issuance - Gelex Holdings\" \/>\n<meta property=\"og:description\" content=\"GELEX Group JSC (HoSE: GEX) has set May 6 as the record date for shareholders to receive its 2025 stock dividend and bonus shares. Under the plan, the company will issue over 225.5 million shares as a stock dividend at a 25% ratio (shareholders will receive 1 new share for every 4 shares held). 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Upon completion, its charter capital will rise from VND 3,660 billion to VND 6,404 billion.<\/p>\nUnder the plan, shareholders will receive 75 new shares for every 100 shares held. The new shares will not be subject to any transfer restrictions.<\/p>\nThe issuance is slated for Q2\/2026, pending confirmation from the State Securities Commission of Vietnam that the company has fulfilled all required filing procedures.<\/p>\nFunding will be sourced from the development investment fund, share premium, based on the 2025 standalone financial statements, as well as retained earnings reflected in the audited 2025 consolidated financial statements.<\/p>\nEarlier, GELEX Electric completed its 2025 cash dividend payout at a total rate of 55%. This included a 30% interim dividend (approximately VND 1,098 billion), followed by a 25% final payment (around VND 915 billion).<\/p>\nPR Department<\/p>\n","protected":false},"excerpt":{"rendered":"GELEX Electric JSC (HoSE: GEE) has announced plans to issue bonus shares to existing shareholders, with a distribution ratio of 75%, as part of a capital increase from equity. The company expects to issue approximately 274.4 million shares. Upon completion, its charter capital will rise from VND 3,660 billion to VND 6,404 billion. Under the […]<\/p>\n","protected":false},"author":25,"featured_media":14684,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63,70],"tags":[],"class_list":["post-14711","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","category-news-events"],"yoast_head":"<title>GELEX Electric to issue 274.4 million bonus shares in 75% stock dividend plan - Gelex Holdings<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gelex.vn\/en\/news-en\/gelex-electric-to-issue-274-4-million-bonus-shares-in-75-stock-dividend-plan.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GELEX Electric to issue 274.4 million bonus shares in 75% stock dividend plan - Gelex Holdings\" \/>\n<meta property=\"og:description\" content=\"GELEX Electric JSC (HoSE: GEE) has announced plans to issue bonus shares to existing shareholders, with a distribution ratio of 75%, as part of a capital increase from equity. The company expects to issue approximately 274.4 million shares. Upon completion, its charter capital will rise from VND 3,660 billion to VND 6,404 billion. 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The company expects to issue approximately 274.4 million shares. Upon completion, its charter capital will rise from VND 3,660 billion to VND 6,404 billion. Under the […]","og_url":"https:\/\/gelex.vn\/en\/news-en\/gelex-electric-to-issue-274-4-million-bonus-shares-in-75-stock-dividend-plan.html","og_site_name":"Gelex Holdings","article_published_time":"2026-04-11T02:17:12+00:00","article_modified_time":"2026-04-15T01:32:50+00:00","og_image":[{"width":1024,"height":683,"url":"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/04\/GELEX-1024x683.jpg","type":"image\/jpeg"}],"author":"admin2","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin2","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/gelex.vn\/en\/news-en\/gelex-electric-to-issue-274-4-million-bonus-shares-in-75-stock-dividend-plan.html#article","isPartOf":{"@id":"https:\/\/gelex.vn\/en\/news-en\/gelex-electric-to-issue-274-4-million-bonus-shares-in-75-stock-dividend-plan.html"},"author":{"name":"admin2","@id":"https:\/\/gelex.vn\/#\/schema\/person\/5b55f0f16b0c74113c6f0550d21f17a3"},"headline":"GELEX Electric to issue 274.4 million bonus shares in 75% stock dividend plan","datePublished":"2026-04-11T02:17:12+00:00","dateModified":"2026-04-15T01:32:50+00:00","mainEntityOfPage":{"@id":"https:\/\/gelex.vn\/en\/news-en\/gelex-electric-to-issue-274-4-million-bonus-shares-in-75-stock-dividend-plan.html"},"wordCount":167,"publisher":{"@id":"https:\/\/gelex.vn\/#organization"},"image":{"@id":"https:\/\/gelex.vn\/en\/news-en\/gelex-electric-to-issue-274-4-million-bonus-shares-in-75-stock-dividend-plan.html#primaryimage"},"thumbnailUrl":"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/04\/GELEX.jpg","articleSection":["News & Events","News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/gelex.vn\/en\/news-en\/gelex-electric-to-issue-274-4-million-bonus-shares-in-75-stock-dividend-plan.html","url":"https:\/\/gelex.vn\/en\/news-en\/gelex-electric-to-issue-274-4-million-bonus-shares-in-75-stock-dividend-plan.html","name":"GELEX Electric to issue 274.4 million bonus shares in 75% stock dividend plan - 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In parallel, it will issue over 180.4 million bonus shares at a 20% ratio (5:1) to increase charter capital from equity. All newly issued shares will be freely transferable.<\/p>\nThe issuance is scheduled for Q2\/2026, subject to confirmation from the State Securities Commission of Vietnam that the required documentation has been fully received, and no later than six months after the conclusion of the 2026 Annual General Meeting of Shareholders.<\/p>\nIn total, GELEX plans to issue approximately 406 million shares in this round, equivalent to a par value of around VND 4,060 billion. Upon completion, the company\u2019s charter capital will increase from VND 9,023 billion to VND 13,084 billion.<\/p>\nPreviously, GELEX paid an interim cash dividend for 2025 at a rate of 8%, amounting to nearly VND 722 billion distributed to shareholders.<\/p>\nFor 2026, GELEX targets consolidated net revenue of VND 44,712 billion, maintaining double-digit growth across its core business segments, with profit before tax projected at VND 3,615 billion.<\/p>\nPR DEPARTMENT<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"GELEX has announced a plan to pay 2025 dividends in shares at a rate of 25%, alongside a 20% bonus share issuance from equity. Specifically, the company expects to issue more than 225.5 million shares at a 25% ratio (4:1) for dividend payment. In parallel, it will issue over 180.4 million bonus shares at a […]<\/p>\n","protected":false},"author":22,"featured_media":11620,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[70,63],"tags":[],"class_list":["post-14660","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-events","category-news-en"],"yoast_head":"<title>GELEX to pay dividends and increase charter capital by 45%, raising it to over VND 13,000 billion - Gelex Holdings<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gelex.vn\/en\/news-en\/gelex-to-pay-dividends-and-increase-charter-capital-by-45-raising-it-to-over-vnd-13000-billion.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GELEX to pay dividends and increase charter capital by 45%, raising it to over VND 13,000 billion - Gelex Holdings\" \/>\n<meta property=\"og:description\" content=\"GELEX has announced a plan to pay 2025 dividends in shares at a rate of 25%, alongside a 20% bonus share issuance from equity. Specifically, the company expects to issue more than 225.5 million shares at a 25% ratio (4:1) for dividend payment. 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\/p>\n

The project is the result of a comprehensive and in-depth assessment conducted across the GELEX ecosystem. To ensure the strategy reflects business realities, the project evaluated GELEX\u2019s development strategy, current governance, operations, business and manufacturing activities, as well as the status of IT infrastructure and cybersecurity systems across departments and member companies.\/p>\n

Based on the assessment results, GELEX\u2019s current digital maturity score was measured at 2.23 out of 5, indicating that the Group is in the foundation-building stage of its digital transformation journey. While digitalization initiatives have been introduced, operations have not yet reached a fully integrated and data-driven level.\/p>\n

Drawing on these findings, the project completed and delivered GELEX\u2019s Digital Transformation Strategy and Roadmap through 2030. The strategy is aligned with the Group\u2019s business objectives while maintaining flexibility to adapt to future changes. The project also defined GELEX\u2019s digital vision: \u201cTo become a pioneering investment group that leverages digital technologies to optimize investment strategies and operate its business ecosystem on digital platforms, creating sustainable value.\u201d\/p>\n

\/p>\n

After implementing the Digital Transformation roadmap, GELEX\u2019s digital maturity is expected to increase from 2.23 to 3.34 by 2028. Key pillars such as Strategy, Culture, and Data are expected to improve significantly, supported by the development of a strong technology foundation, standardized operations, and enhanced data utilization for management and decision-making. At the same time, GELEX aims to establish a fully integrated digital operating model, improve customer experience, and enable real-time, data-driven decision-making.\/p>\n

Comprehensive digital transformation will serve as a key enabler to strengthen governance capabilities and create new growth momentum, helping GELEX move toward its ambition of becoming Vietnam\u2019s leading digital investment group – an emblem of growth, efficiency, and sustainability.\/p>\n

PR DEPARTMENT\/strong>\/p>\n","protected":false},"excerpt":{"rendered":"

After 15 months of implementation with the support of FPT Digital, GELEX has successfully completed the \u201cDigital Transformation Strategy and Roadmap Development\u201d project. GELEX is now ready to move into the execution phase, translating its digital transformation strategy into practical initiatives to enhance governance efficiency and build a strong foundation for sustainable growth toward 2030. […]\/p>\n","protected":false},"author":22,"featured_media":15084,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63,70],"tags":[],"class_list":["post-15104","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","category-news-events"],"yoast_head":"GELEX completes digital transformation strategy, with a vision to 2030 - Gelex Holdings<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gelex.vn\/en\/news-en\/gelex-completes-digital-transformation-strategy-with-a-vision-to-2030.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GELEX completes digital transformation strategy, with a vision to 2030 - Gelex Holdings\" \/>\n<meta property=\"og:description\" content=\"After 15 months of implementation with the support of FPT Digital, GELEX has successfully completed the \u201cDigital Transformation Strategy and Roadmap Development\u201d project. GELEX is now ready to move into the execution phase, translating its digital transformation strategy into practical initiatives to enhance governance efficiency and build a strong foundation for sustainable growth toward 2030. 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GELEX is now ready to move into the execution phase, translating its digital transformation strategy into practical initiatives to enhance governance efficiency and build a strong foundation for sustainable growth toward 2030. 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It represents an important step for GELEX in aligning management thinking, spreading core values, and building an innovation-driven culture from the Group level to sub-holdings and member companies.<\/p>\nConcluding the Workshop Series, Opening a New Management Mindset<\/p>\nUnder the leadership of Nguy\u1ec5n Th\u1ecb Minh Giang, the workshop was designed with a modern approach, combining theoretical foundations with practical, hands-on experiences.<\/p>\nReal-life case studies were not only used for illustration but also to stimulate thinking beyond conventional frameworks and challenge established patterns of thought.<\/p>\n<img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-14988 aligncenter\" src=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.1X-1024x332.jpg\" alt=\"\" width=\"1024\" height=\"332\" srcset=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.1X-1024x332.jpg 1024w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.1X-480x156.jpg 480w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.1X-768x249.jpg 768w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.1X-1536x499.jpg 1536w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.1X-2048x665.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/p>\nThe open learning atmosphere, together with active discussions and strong engagement from participants, demonstrated that this was no longer a traditional training session. Instead, it became a space for management teams to reflect on how the organization operates and how they themselves lead their teams on a daily basis.<\/p>\n<img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-14990 aligncenter\" src=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.2X-1024x332.jpg\" alt=\"\" width=\"1024\" height=\"332\" srcset=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.2X-1024x332.jpg 1024w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.2X-480x156.jpg 480w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.2X-768x249.jpg 768w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.2X-1536x499.jpg 1536w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.2X-2048x665.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/p>\nAt the program, Mr. Nguy\u1ec5n Tr\u1ecdng Trung \u2013 General Director of GELEX Electricity Joint Stock Company \u2013 shared insights on the value of change. He highlighted the \u201csuccess trap,\u201d where experiences that once drove an organization\u2019s growth in the past may become barriers if they are not updated in a changing context.<\/p>\n<img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-14992 aligncenter\" src=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.3X-1024x605.jpg\" alt=\"\" width=\"1024\" height=\"605\" srcset=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.3X-1024x605.jpg 1024w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.3X-480x284.jpg 480w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.3X-768x454.jpg 768w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.3X-1536x908.jpg 1536w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.3X.jpg 2000w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/p>\n\u201cInnovation does not necessarily start with big things; it begins with each individual daring to change their mindset and being willing to change old habits that are no longer relevant.\u201d Nguy\u1ec5n Tr\u1ecdng Trung – CEO, GELEX Electricity JSC<\/p>\nAt the workshop, topics on innovation and organizational transformation were approached through structured, science-based frameworks and methodologies.<\/p>\nMr. T\u00f4n M\u1ea1nh D\u0169ng \u2013 Deputy CEO of GELEX Infrastructure Joint Stock Company \u2013 shared: \u201cFor me, the four leadership principles of change are highly practical. We can apply them immediately within our company. In fact, we had already been doing some of these practices before, but after this course, we were able to systematize them into a formal process.\u201d<\/p>\nMany participants noted that the greatest value of the program lies in shifting the management mindset from a control-oriented operating model to one that empowers employees to proactively participate in problem-solving.<\/p>\nSeveral managers also shared that they now have a clearer understanding of their responsibility in creating a more open, proactive, and experimental work environment, rather than focusing solely on control based on traditional management thinking.<\/p>\n<img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-14994 aligncenter\" src=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.4X-1024x605.jpg\" alt=\"\" width=\"1024\" height=\"605\" srcset=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.4X-1024x605.jpg 1024w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.4X-480x284.jpg 480w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.4X-768x454.jpg 768w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.4X-1536x908.jpg 1536w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.4X.jpg 2000w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/p>\nManagers are the pioneering \u2018core factors\u2019 driving change. Therefore, equipping leadership teams with an innovative mindset is the key to spreading core values, building a creative working environment, and serving as a launchpad for sustainable development.\u201d \n– Mr. \u0110\u1eb7ng Phan T\u01b0\u1eddng, Chairman of the Board of Directors of Electrical Equipment Joint Stock Company (THIBIDI)<\/p>\nInnovation Starts with the Environment Created by leaders<\/p>\nPrior to THIBIDI and CFT, the workshop series was first conducted for the Group Leadership Board on April 2, 2026, and subsequently expanded to various member companies, including GELEX Electric Joint Stock Company, GELEX Infrastructure Joint Stock Company, CADIVI Electrical Wire and Cable Joint Stock Company, EMIC Electrical Measuring Instrument Joint Stock Company, MEEPOWER, GELEX Electrical Equipment & Technology Joint Stock Company, and VIWASUPCO.<\/p>\n<img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-14996 size-full\" src=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.5X.jpg\" alt=\"\" width=\"1518\" height=\"2560\" srcset=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.5X.jpg 1518w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.5X-213x360.jpg 213w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.5X-455x768.jpg 455w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.5X-768x1295.jpg 768w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.5X-911x1536.jpg 911w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.5X-1214x2048.jpg 1214w\" sizes=\"auto, (max-width: 1518px) 100vw, 1518px\" \/><\/p>\nThe organization-wide and synchronized implementation demonstrates that this is not a standalone training initiative, but a long-term development orientation of GELEX.<\/p>\nAccording to the Group\u2019s strategy, innovation is no longer limited to technology or new products; it has become a core competitive capability for future enterprises. In a context of rapid market changes, continuous technological advancement, and increasingly volatile business models, sustainable growth cannot rely solely on financial resources or scale. Instead, it requires a workforce capable of adaptability, learning, and continuous innovation. This is also why GELEX has chosen to start by transforming leadership mindset and embedding a culture of innovation across the organization.<\/p>\n<img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-14998 aligncenter\" src=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.6X-1024x605.jpg\" alt=\"\" width=\"1024\" height=\"605\" srcset=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.6X-1024x605.jpg 1024w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.6X-480x284.jpg 480w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.6X-768x454.jpg 768w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.6X-1536x908.jpg 1536w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.6X.jpg 2000w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/p>\n\u201cA leader who wants an innovative team must first create a safe environment where people feel free to think differently and dare to experiment.\u201d<\/p>\nMs. Nguyen Thi Minh Giang, Member of the Board of Directors, GELEX Group Joint Stock Company<\/p>\nInnovation is defined by GELEX as one of its three core values. The implementation of synchronized training across the entire system not only enhances management capabilities and adaptability across member companies, but also reflects the Group\u2019s direction of embedding an \u201cinnovation DNA\u201d throughout the GELEX ecosystem. This is also how GELEX continues to live by and bring its core values into practice.<\/p>\nInnovation at GELEX is a Mandatory Requirement<\/p>\nAt a previous workshop for the Group Leadership Board, Mr. Nguy\u1ec5n V\u0103n Tu\u1ea5n \u2013 Chairman of the Board of Directors of GELEX Group Joint Stock Company \u2013 emphasized that innovation is no longer an option, but a mandatory requirement for businesses in the current context. He stated: \u201cThe Group\u2019s upcoming projects are large in scale and play an important role in the country\u2019s development. The old ways of doing things must almost certainly change.\u201d<\/p>\nBased on this direction, GELEX is approaching innovation by building a culture of continuous learning, encouraging critical thinking, experimentation, and empowerment, rather than focusing only on isolated initiatives.<\/p>\nInnovation is defined as a capability that must exist in the mindset and operations of the entire system, not limited to a dedicated function or department.<\/p>\n<img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-15002 aligncenter\" src=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.7X-1024x605.jpg\" alt=\"\" width=\"1024\" height=\"605\" srcset=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.7X-1024x605.jpg 1024w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.7X-480x284.jpg 480w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.7X-768x454.jpg 768w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.7X-1536x908.jpg 1536w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/AnhX1.7X.jpg 2000w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/p>\n\u201c Technology can be purchased, but innovation capability must be formed from culture.\u201d \nMr. Nguy\u1ec5n V\u0103n Tu\u1ea5n, Chairman of the Board of Directors, GELEX Group Joint Stock Company<\/p>\nAccording to many management experts, this is also a trend pursued by major corporations globally, where people and corporate culture are increasingly becoming the core foundation of sustainable innovation capability.<\/p>\nIn the context of Vietnam\u2019s strong push for its national strategy on science, technology, and innovation, GELEX, along with other Vietnamese enterprises, needs to proactively engage in the global innovation movement in order to achieve sustainable growth.<\/p>\n<img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-15004 aligncenter\" src=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/1.8X-1024x332.jpg\" alt=\"\" width=\"1024\" height=\"332\" srcset=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/1.8X-1024x332.jpg 1024w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/1.8X-480x156.jpg 480w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/1.8X-768x249.jpg 768w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/1.8X-1536x499.jpg 1536w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/06\/1.8X-2048x665.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/p>\nFor a company with long-term development ambitions like GELEX, investing in people, a learning culture, and creative capabilities is not only about improving business performance, but also a way to align with the broader goal of enhancing national competitiveness in the new era.<\/p>\nConcluding the workshop series, what remains is not only the knowledge gained from the training sessions, but also a renewed mindset among management teams across the entire system\u2014ready to change, ready to learn, and ready to create better ways of working for the organization.<\/p>\nThis also forms the foundation GELEX is steadily building toward a continuously innovative organization that is agile, adaptive, and capable of sustainable growth in the future.<\/p>\nPR DEPARTMENT<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"On May 30, 2026, GELEX concluded the workshop series \u201cLeading and Building a Culture of Innovation\u201d with a training session for more than 40 managers and leaders from Electrical Equipment Joint Stock Company (THIBIDI) and Vietnam Copper Wire Company (CFT) in Dong Nai. This session marked the final activity in a series of programs implemented […]<\/p>\n","protected":false},"author":22,"featured_media":15006,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63,70],"tags":[],"class_list":["post-15106","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","category-news-events"],"yoast_head":"<title>Workshop \u201cLeading and Building a Culture of Innovation\u201d: GELEX\u2019s Journey to Spreading Core Values Across the Entire System - Gelex Holdings<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gelex.vn\/en\/news-en\/workshop-leading-and-building-a-culture-of-innovation-gelexs-journey-to-spreading-core-values-across-the-entire-system.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Workshop \u201cLeading and Building a Culture of Innovation\u201d: GELEX\u2019s Journey to Spreading Core Values Across the Entire System - Gelex Holdings\" \/>\n<meta property=\"og:description\" content=\"On May 30, 2026, GELEX concluded the workshop series \u201cLeading and Building a Culture of Innovation\u201d with a training session for more than 40 managers and leaders from Electrical Equipment Joint Stock Company (THIBIDI) and Vietnam Copper Wire Company (CFT) in Dong Nai. 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Named Among Top 10 Outstanding Annual General Meetings of 2026"},"content":{"rendered":"On May 25, 2026, GELEX Group JSC was honored among the Top 10 Outstanding Annual General Meetings of 2026 (AGM Awards 2026) in the mid-cap category for companies with market capitalization ranging from VND 10 trillion to VND 40 trillion.<\/em><\/p>\n<img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-15024 aligncenter\" src=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7869644023005_75f91c3645f79275a160efdf486273a9-768x981-1-601x768.jpg\" alt=\"GELEX Named Among Top 10 Outstanding Annual General Meetings of 2026\" width=\"601\" height=\"768\" srcset=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7869644023005_75f91c3645f79275a160efdf486273a9-768x981-1-601x768.jpg 601w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7869644023005_75f91c3645f79275a160efdf486273a9-768x981-1-282x360.jpg 282w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7869644023005_75f91c3645f79275a160efdf486273a9-768x981-1.jpg 768w\" sizes=\"auto, (max-width: 601px) 100vw, 601px\" \/><\/p>\nThe program, organized by CafeF in collaboration with the Vietnam Institute of Directors (VIOD), recognizes listed companies that demonstrate excellence in organizing Annual General Meetings while promoting transparency and strong corporate governance practices.<\/p>\nThe evaluation was based on two pillars to ensure independence and objectivity: direct on-site assessment of the meeting atmosphere and organization, and professional evaluation of AGM preparations, including meeting documents, shareholder materials, financial statements, and ESG implementation roadmaps.<\/p>\nGELEX\u2019s inclusion in the Top 10 reflects the market\u2019s recognition of the Group\u2019s ongoing efforts to enhance governance standards, strengthen transparency, and protect shareholder interests.<\/p>\nEarlier, on April 1, 2026, GELEX held its Annual General Meeting at Fairmont Hanoi in a hybrid format, combining in-person and virtual participation. The meeting incorporated an electronic voting system to improve convenience, transparency, and efficiency for shareholders.<\/p>\nThe AGM featured a comprehensive agenda, well-structured proceedings, and an open spirit of dialogue. GELEX\u2019s leadership team directly engaged with shareholders, providing candid responses to a wide range of topics, including business plans, growth strategy for the next phase of development, investment direction, leadership matters, dividend policy, charter capital increases, and corporate governance issues.<\/p>\nAs transparency and accountability become increasingly important in the market, a professionally organized AGM reflects not only a company\u2019s governance capabilities but also its long-term commitment to shareholders and investors. This recognition further strengthens GELEX\u2019s credibility in the capital market and supports its ongoing pursuit of advanced governance standards.<\/p>\nPR DEPARTMENT<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"On May 25, 2026, GELEX Group JSC was honored among the Top 10 Outstanding Annual General Meetings of 2026 (AGM Awards 2026) in the mid-cap category for companies with market capitalization ranging from VND 10 trillion to VND 40 trillion. The program, organized by CafeF in collaboration with the Vietnam Institute of Directors (VIOD), recognizes […]<\/p>\n","protected":false},"author":22,"featured_media":14758,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63,70],"tags":[],"class_list":["post-15023","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","category-news-events"],"yoast_head":"<title>GELEX Named Among Top 10 Outstanding Annual General Meetings of 2026 - Gelex Holdings<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gelex.vn\/en\/news-en\/gelex-named-among-top-10-outstanding-annual-general-meetings-of-2026.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GELEX Named Among Top 10 Outstanding Annual General Meetings of 2026 - Gelex Holdings\" \/>\n<meta property=\"og:description\" content=\"On May 25, 2026, GELEX Group JSC was honored among the Top 10 Outstanding Annual General Meetings of 2026 (AGM Awards 2026) in the mid-cap category for companies with market capitalization ranging from VND 10 trillion to VND 40 trillion. 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With more accurate, transparent, and real-time information, the system provides a stronger foundation for HR decision-making and enhances overall governance capabilities across the Group.<\/p>\nLaunched in Q4 2024, the project was developed with the vision of building a unified HR information and operations platform at Group scale. After more than a year of implementation, GELEX has now completed both the Phase 2 acceptance and final overall acceptance of the project in partnership with FPT Corporation.<\/p>\nThe successful completion of the project across GELEX and its 13 member companies creates the foundation for long-term, effective system operation in practice, supporting more than 2,700 employees across the organization.<\/p>\nThe milestone also reinforces GELEX\u2019s consistent commitment to adopting advanced management solutions that enhance operational effectiveness, optimize internal processes, and build a stronger organizational platform to support sustainable growth and long-term development through 2030.<\/p>\nPR DEPARTMENT<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"As part of GELEX\u2019s broader journey to strengthen governance standards and accelerate digital transformation, the iHRP platform helps unify HR operations across the system, from standardizing employee data and streamlining management processes to optimizing centralized payroll and improving coordination among member companies. Beyond operational efficiency, the project marks an important step toward a more data-driven […]<\/p>\n","protected":false},"author":22,"featured_media":13827,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[70,63],"tags":[],"class_list":["post-15027","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-events","category-news-en"],"yoast_head":"<title>GELEX has officially completed the Group-wide rollout and acceptance of its iHRP human resource management project. - Gelex Holdings<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gelex.vn\/en\/news-en\/gelex-has-officially-completed-the-group-wide-rollout-and-acceptance-of-its-ihrp-human-resource-management-project.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GELEX has officially completed the Group-wide rollout and acceptance of its iHRP human resource management project. - Gelex Holdings\" \/>\n<meta property=\"og:description\" content=\"As part of GELEX\u2019s broader journey to strengthen governance standards and accelerate digital transformation, the iHRP platform helps unify HR operations across the system, from standardizing employee data and streamlining management processes to optimizing centralized payroll and improving coordination among member companies. 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H\u1ea1 t\u1ea7ng","publisher":{"@id":"https:\/\/gelex.vn\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/gelex.vn\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/gelex.vn\/#organization","name":"Gelex Holdings","url":"https:\/\/gelex.vn\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/gelex.vn\/#\/schema\/logo\/image\/","url":"https:\/\/gelex.vn\/wp-content\/uploads\/2024\/11\/LOGO-GELEX-2.svg","contentUrl":"https:\/\/gelex.vn\/wp-content\/uploads\/2024\/11\/LOGO-GELEX-2.svg","caption":"Gelex Holdings"},"image":{"@id":"https:\/\/gelex.vn\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/gelex.vn\/#\/schema\/person\/54183d5fbc4d9f353a072597fb1b34ad","name":"linh.le-thuy@gelex.vn","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/4cfda125053113a05b939668d7428545177a0a70cabd5e2c08b22d12159cc15a?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/4cfda125053113a05b939668d7428545177a0a70cabd5e2c08b22d12159cc15a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/4cfda125053113a05b939668d7428545177a0a70cabd5e2c08b22d12159cc15a?s=96&d=mm&r=g","caption":"linh.le-thuy@gelex.vn"},"url":"https:\/\/gelex.vn\/en\/author\/linh-le-thuygelex-vn"}]}},"_links":{"self":[{"href":"https:\/\/gelex.vn\/en\/wp-json\/wp\/v2\/posts\/15027","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gelex.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gelex.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gelex.vn\/en\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/gelex.vn\/en\/wp-json\/wp\/v2\/comments?post=15027"}],"version-history":[{"count":1,"href":"https:\/\/gelex.vn\/en\/wp-json\/wp\/v2\/posts\/15027\/revisions"}],"predecessor-version":[{"id":15028,"href":"https:\/\/gelex.vn\/en\/wp-json\/wp\/v2\/posts\/15027\/revisions\/15028"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gelex.vn\/en\/wp-json\/wp\/v2\/media\/13827"}],"wp:attachment":[{"href":"https:\/\/gelex.vn\/en\/wp-json\/wp\/v2\/media?parent=15027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gelex.vn\/en\/wp-json\/wp\/v2\/categories?post=15027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gelex.vn\/en\/wp-json\/wp\/v2\/tags?post=15027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":15029,"date":"2026-05-04T08:28:23","date_gmt":"2026-05-04T01:28:23","guid":{"rendered":"https:\/\/gelex.vn\/?p=15029"},"modified":"2026-06-02T17:11:30","modified_gmt":"2026-06-02T10:11:30","slug":"accelerating-site-clearance-for-industrial-park-no-01-hung-yen","status":"publish","type":"post","link":"https:\/\/gelex.vn\/en\/news-en\/accelerating-site-clearance-for-industrial-park-no-01-hung-yen.html","title":{"rendered":"Accelerating site clearance for Industrial Park No.01, Hung Yen"},"content":{"rendered":"Site clearance for Industrial Park No.01, developed by Viglacera Hung Yen JSC, is gaining momentum, with groundbreaking targeted for June 2026.<\/em><\/p>\nFull community support for site clearance<\/strong><\/p>\nOn April 28\u201329, 2026, 138 households in Yen My commune, Hung Yen province, received compensation and site clearance support, totaling over VND 103 billion. The payments were carried out by the project developer, Viglacera Hung Yen JSC, in coordination with local authorities, helping accelerate overall progress.<\/p>\n<figure id=\"attachment_14807\" aria-describedby=\"caption-attachment-14807\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-14807 size-large\" src=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7787895166315_b3760e9f3366d64b62cb51904863cc13-1024x683.jpg\" alt=\"\" width=\"1024\" height=\"683\" srcset=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7787895166315_b3760e9f3366d64b62cb51904863cc13-1024x683.jpg 1024w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7787895166315_b3760e9f3366d64b62cb51904863cc13-480x320.jpg 480w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7787895166315_b3760e9f3366d64b62cb51904863cc13-768x512.jpg 768w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7787895166315_b3760e9f3366d64b62cb51904863cc13-1536x1024.jpg 1536w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7787895166315_b3760e9f3366d64b62cb51904863cc13-2048x1366.jpg 2048w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7787895166315_b3760e9f3366d64b62cb51904863cc13-350x233.jpg 350w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption id=\"caption-attachment-14807\" class=\"wp-caption-text\">Site clearance for Industrial Park No.01, Hung Yen, is being fast-tracked<\/figcaption><\/figure>\nPrior to this, two earlier compensation phases had already been completed with strong support from local residents. To date, site clearance has been fully completed in Xuan Truc commune and is being accelerated in Yen My, with the goal of delivering cleared land to the developer as soon as possible.<\/p>\nIndustrial Park No.01 spans Yen My and Xuan Truc communes and benefits from a strategic location, adjacent to Provincial Road 382B and directly connected to the Hanoi\u2013Hai Phong Expressway \u2013 serving as a key gateway to the Northern Key Economic Region.<\/p>\n<figure id=\"attachment_14809\" aria-describedby=\"caption-attachment-14809\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-14809 size-large\" src=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7787895146275_8dc31ee7a4b65019b37a8bcd162f918f-1024x604.jpg\" alt=\"\" width=\"1024\" height=\"604\" srcset=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7787895146275_8dc31ee7a4b65019b37a8bcd162f918f-1024x604.jpg 1024w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7787895146275_8dc31ee7a4b65019b37a8bcd162f918f-480x283.jpg 480w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7787895146275_8dc31ee7a4b65019b37a8bcd162f918f-768x453.jpg 768w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7787895146275_8dc31ee7a4b65019b37a8bcd162f918f.jpg 1191w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption id=\"caption-attachment-14809\" class=\"wp-caption-text\">The project follows a green, smart, and sustainable development model<\/figcaption><\/figure>\nThe project follows a green, smart, and sustainable development model<\/em><\/p>\nThe project covers nearly 217 hectares, with a total investment of VND 2,325 billion and an operating term of 50 years. Under the approved 1\/2000 master plan, it is positioned as Hung Yen\u2019s first high-tech industrial park, built around three core pillars: green and sustainable, smart and modern, and connected and integrated.<\/p>\nOnce operational, the project is expected to create tens of thousands of jobs, while contributing to local economic growth and social development.<\/p>\nThe growing appeal of Viglacera\u2019s industrial parks<\/strong><\/p>\nHung Yen is increasingly attracting investment thanks to competitive incentives, a business-friendly environment, and strong support from local authorities. The province has been actively streamlining administrative procedures, improving transparency, shortening approval timelines, and effectively implementing a \u201cone-stop\u201d mechanism, making it easier for investors to enter and execute projects efficiently.<\/p>\nThe presence of established developers like Viglacera Corporation not only ensures the quality of industrial park development but also strengthens investor confidence and attracts further FDI inflows.<\/p>\nRecent results reflect this momentum. Viglacera has continued to secure major international investors, including recent successes in Thai Nguyen.<\/p>\nIn April 2026, POSCO Future M selected Song Cong II Industrial Park (Viglacera) to develop its first battery materials plant in Vietnam. The project spans 37 hectares, with an investment of over USD 400 million. Construction is expected to begin in the second half of 2026, with mass production targeted for 2028. The output will supply leading EV manufacturers in the United States.<\/p>\n<figure id=\"attachment_14811\" aria-describedby=\"caption-attachment-14811\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-14811 size-large\" src=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7787941833804_b6a573427b857f461aaf5e4743d49d2f-1024x316.jpg\" alt=\"\" width=\"1024\" height=\"316\" srcset=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7787941833804_b6a573427b857f461aaf5e4743d49d2f-1024x316.jpg 1024w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7787941833804_b6a573427b857f461aaf5e4743d49d2f-480x148.jpg 480w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7787941833804_b6a573427b857f461aaf5e4743d49d2f-768x237.jpg 768w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7787941833804_b6a573427b857f461aaf5e4743d49d2f-1536x475.jpg 1536w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7787941833804_b6a573427b857f461aaf5e4743d49d2f-2048x633.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption id=\"caption-attachment-14811\" class=\"wp-caption-text\">Thai Nguyen authorities present investment and business registration certificates to POSCO Future M<\/figcaption><\/figure>\nThai Nguyen authorities present investment and business registration certificates to POSCO Future M<\/em><\/p>\nThe entry of POSCO Future M adds to a growing list of global names investing in Viglacera\u2019s industrial parks, including Samsung, Amkor, Hyosung, Hana Micron, Foxconn, BYD, THK, and Canon. Beyond occupancy, Viglacera is taking a more proactive approach\u2014gradually building large-scale industrial ecosystems where global manufacturers establish strategic bases and integrate directly into global supply chains.<\/p>\nWith a proven track record, strong market reputation, and the backing of the GELEX ecosystem, Viglacera Hung Yen is well positioned to play a leading role in driving industrial development and attracting high-quality investment to the region.<\/p>\nPR DEPARTMENT<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"Site clearance for Industrial Park No.01, developed by Viglacera Hung Yen JSC, is gaining momentum, with groundbreaking targeted for June 2026. Full community support for site clearance On April 28\u201329, 2026, 138 households in Yen My commune, Hung Yen province, received compensation and site clearance support, totaling over VND 103 billion. The payments were carried […]<\/p>\n","protected":false},"author":22,"featured_media":14807,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63,70],"tags":[],"class_list":["post-15029","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","category-news-events"],"yoast_head":"<title>Accelerating site clearance for Industrial Park No.01, Hung Yen - Gelex Holdings<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gelex.vn\/en\/news-en\/accelerating-site-clearance-for-industrial-park-no-01-hung-yen.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Accelerating site clearance for Industrial Park No.01, Hung Yen - Gelex Holdings\" \/>\n<meta property=\"og:description\" content=\"Site clearance for Industrial Park No.01, developed by Viglacera Hung Yen JSC, is gaining momentum, with groundbreaking targeted for June 2026. Full community support for site clearance On April 28\u201329, 2026, 138 households in Yen My commune, Hung Yen province, received compensation and site clearance support, totaling over VND 103 billion. The payments were carried […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/gelex.vn\/en\/news-en\/accelerating-site-clearance-for-industrial-park-no-01-hung-yen.html\" \/>\n<meta property=\"og:site_name\" content=\"Gelex Holdings\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-04T01:28:23+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-06-02T10:11:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7787895166315_b3760e9f3366d64b62cb51904863cc13.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1707\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"linh.le-thuy@gelex.vn\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"linh.le-thuy@gelex.vn\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/gelex.vn\\\/en\\\/news-en\\\/accelerating-site-clearance-for-industrial-park-no-01-hung-yen.html#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/gelex.vn\\\/en\\\/news-en\\\/accelerating-site-clearance-for-industrial-park-no-01-hung-yen.html\"},\"author\":{\"name\":\"linh.le-thuy@gelex.vn\",\"@id\":\"https:\\\/\\\/gelex.vn\\\/#\\\/schema\\\/person\\\/54183d5fbc4d9f353a072597fb1b34ad\"},\"headline\":\"Accelerating site clearance for Industrial Park No.01, Hung Yen\",\"datePublished\":\"2026-05-04T01:28:23+00:00\",\"dateModified\":\"2026-06-02T10:11:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/gelex.vn\\\/en\\\/news-en\\\/accelerating-site-clearance-for-industrial-park-no-01-hung-yen.html\"},\"wordCount\":575,\"publisher\":{\"@id\":\"https:\\\/\\\/gelex.vn\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/gelex.vn\\\/en\\\/news-en\\\/accelerating-site-clearance-for-industrial-park-no-01-hung-yen.html#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/gelex.vn\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/z7787895166315_b3760e9f3366d64b62cb51904863cc13.jpg\",\"articleSection\":[\"News & Events\",\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/gelex.vn\\\/en\\\/news-en\\\/accelerating-site-clearance-for-industrial-park-no-01-hung-yen.html\",\"url\":\"https:\\\/\\\/gelex.vn\\\/en\\\/news-en\\\/accelerating-site-clearance-for-industrial-park-no-01-hung-yen.html\",\"name\":\"Accelerating site clearance for Industrial Park No.01, Hung Yen - 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Full community support for site clearance On April 28\u201329, 2026, 138 households in Yen My commune, Hung Yen province, received compensation and site clearance support, totaling over VND 103 billion. The payments were carried […]","og_url":"https:\/\/gelex.vn\/en\/news-en\/accelerating-site-clearance-for-industrial-park-no-01-hung-yen.html","og_site_name":"Gelex Holdings","article_published_time":"2026-05-04T01:28:23+00:00","article_modified_time":"2026-06-02T10:11:30+00:00","og_image":[{"width":2560,"height":1707,"url":"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7787895166315_b3760e9f3366d64b62cb51904863cc13.jpg","type":"image\/jpeg"}],"author":"linh.le-thuy@gelex.vn","twitter_card":"summary_large_image","twitter_misc":{"Written by":"linh.le-thuy@gelex.vn","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/gelex.vn\/en\/news-en\/accelerating-site-clearance-for-industrial-park-no-01-hung-yen.html#article","isPartOf":{"@id":"https:\/\/gelex.vn\/en\/news-en\/accelerating-site-clearance-for-industrial-park-no-01-hung-yen.html"},"author":{"name":"linh.le-thuy@gelex.vn","@id":"https:\/\/gelex.vn\/#\/schema\/person\/54183d5fbc4d9f353a072597fb1b34ad"},"headline":"Accelerating site clearance for Industrial Park No.01, Hung Yen","datePublished":"2026-05-04T01:28:23+00:00","dateModified":"2026-06-02T10:11:30+00:00","mainEntityOfPage":{"@id":"https:\/\/gelex.vn\/en\/news-en\/accelerating-site-clearance-for-industrial-park-no-01-hung-yen.html"},"wordCount":575,"publisher":{"@id":"https:\/\/gelex.vn\/#organization"},"image":{"@id":"https:\/\/gelex.vn\/en\/news-en\/accelerating-site-clearance-for-industrial-park-no-01-hung-yen.html#primaryimage"},"thumbnailUrl":"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/05\/z7787895166315_b3760e9f3366d64b62cb51904863cc13.jpg","articleSection":["News & Events","News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/gelex.vn\/en\/news-en\/accelerating-site-clearance-for-industrial-park-no-01-hung-yen.html","url":"https:\/\/gelex.vn\/en\/news-en\/accelerating-site-clearance-for-industrial-park-no-01-hung-yen.html","name":"Accelerating site clearance for Industrial Park No.01, Hung Yen - 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Growth was largely driven by market expansion and stronger sales across core product lines<\/p>\nOther segments also performed well. Building materials showed particularly strong momentum, with revenue rising 47.6% to VND 2,103 billion. The industrial parks and real estate segment generated VND 1,262 billion, up 8.4%, while utilities infrastructure posted VND 266 billion in revenue, up 44.7%, driven mainly by the gradual ramp-up of Phase 2 of the Song Da clean water project.<\/p>\nFinancial expenses increased during the quarter, reflecting GELEX\u2019s ongoing investment cycle as it continues to ramp up large-scale projects.<\/p>\nFor Q1 2026, GELEX reported pre-tax profit of VND 806 billion, up 24.9% year-on-year<\/strong>. This reflects the impact of continued market expansion alongside improved cost management, reinforcing a solid foundation for sustainable growth despite ongoing macroeconomic challenges.<\/p>\nAfter the first quarter, the company has completed around 24% of its full-year revenue target and 22% of its pre-tax profit target. Previously, the Annual General Meeting of Shareholders approved a 2026 plan of VND 44,712 billion in consolidated revenue and VND 3,615 billion in pre-tax profit.<\/p>\nAs of March 31, 2026, total assets reached VND 87,015 billion, up 18.4% compared to the beginning of the year. The increase in borrowings reflects the company\u2019s expansion phase, particularly in infrastructure, real estate, and major projects such as Gia Binh Airport.<\/p>\nDespite this, GELEX continues to maintain solid financial health and strong liquidity. This is consistent with the latest six-month credit rating review published on April 24 by VIS Rating, which reaffirmed GELEX\u2019s long-term credit rating at A with a Positive outlook<\/strong>.<\/p>\n<img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-14802 aligncenter\" src=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/04\/1.2X-768x768.jpg\" alt=\"GELEX Maintains Double-Digit Growth in Q1 2026\" width=\"768\" height=\"768\" srcset=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/04\/1.2X-768x768.jpg 768w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/04\/1.2X-360x360.jpg 360w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/04\/1.2X-1536x1536.jpg 1536w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/04\/1.2X.jpg 2000w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><\/p>\nAmid global economic uncertainties, Vietnam\u2019s GDP growth of approximately 7.83% in Q1 2026 points to a still-resilient macroeconomic foundation. Within this context, GELEX is entering a new growth cycle, guided by four strategic pillars: high-tech industry, infrastructure, real estate, and finance Amid global economic uncertainties, Vietnam\u2019s GDP growth of approximately 7.83% in Q1 2026 points to a still-resilient macroeconomic foundation. Within this context, GELEX is entering a new growth cycle, guided by four strategic pillars: High-tech industry, Infrastructure, Real estate, and Finance.<\/p>\nIn the first quarter alone, GELEX also marked several strategic milestones, including strengthening its governance structure for the new term, successfully raising USD 200 million in international capital, launching the upscale Fairmont Hanoi hotel, and expanding its investment portfolio with major projects while increasing its presence in high-end residential and commercial real estate.<\/p>\nOverall, Q1 2026 further demonstrates GELEX\u2019s ability to execute in a volatile business environment. With a clear long-term direction and strong adaptability, the company is steadily translating strategy into tangible results, laying the groundwork for sustainable growth ahead.<\/p>\nPR DEPARTMENT<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"GELEX delivered strong double-digit growth in the first quarter of 2026, as the company continued to scale up operations and advance key strategic projects. According to its latest Q1 financial statements, consolidated net revenue reached VND 10,722 billion, up 35.4% year-on-year. The electrical equipment segment remained the main growth driver, generating VND 7,061 billion in […]<\/p>\n","protected":false},"author":22,"featured_media":13827,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63,70],"tags":[],"class_list":["post-14799","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","category-news-events"],"yoast_head":"<title>GELEX Maintains Double-Digit Growth in Q1 2026 - Gelex Holdings<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gelex.vn\/en\/news-en\/gelex-maintains-double-digit-growth-in-q1-2026.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GELEX Maintains Double-Digit Growth in Q1 2026 - Gelex Holdings\" \/>\n<meta property=\"og:description\" content=\"GELEX delivered strong double-digit growth in the first quarter of 2026, as the company continued to scale up operations and advance key strategic projects. According to its latest Q1 financial statements, consolidated net revenue reached VND 10,722 billion, up 35.4% year-on-year. The electrical equipment segment remained the main growth driver, generating VND 7,061 billion in […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/gelex.vn\/en\/news-en\/gelex-maintains-double-digit-growth-in-q1-2026.html\" \/>\n<meta property=\"og:site_name\" content=\"Gelex Holdings\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-29T04:15:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-04-29T08:25:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/01\/TrXXXXsXXXXTXXaXnhXXXGELEX.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1272\" \/>\n\t<meta property=\"og:image:height\" content=\"952\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"linh.le-thuy@gelex.vn\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"linh.le-thuy@gelex.vn\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/gelex.vn\\\/en\\\/news-en\\\/gelex-maintains-double-digit-growth-in-q1-2026.html#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/gelex.vn\\\/en\\\/news-en\\\/gelex-maintains-double-digit-growth-in-q1-2026.html\"},\"author\":{\"name\":\"linh.le-thuy@gelex.vn\",\"@id\":\"https:\\\/\\\/gelex.vn\\\/#\\\/schema\\\/person\\\/54183d5fbc4d9f353a072597fb1b34ad\"},\"headline\":\"GELEX Maintains Double-Digit Growth in Q1 2026\",\"datePublished\":\"2026-04-29T04:15:46+00:00\",\"dateModified\":\"2026-04-29T08:25:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/gelex.vn\\\/en\\\/news-en\\\/gelex-maintains-double-digit-growth-in-q1-2026.html\"},\"wordCount\":483,\"publisher\":{\"@id\":\"https:\\\/\\\/gelex.vn\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/gelex.vn\\\/en\\\/news-en\\\/gelex-maintains-double-digit-growth-in-q1-2026.html#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/gelex.vn\\\/wp-content\\\/uploads\\\/2026\\\/01\\\/TrXXXXsXXXXTXXaXnhXXXGELEX.jpg\",\"articleSection\":[\"News & Events\",\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/gelex.vn\\\/en\\\/news-en\\\/gelex-maintains-double-digit-growth-in-q1-2026.html\",\"url\":\"https:\\\/\\\/gelex.vn\\\/en\\\/news-en\\\/gelex-maintains-double-digit-growth-in-q1-2026.html\",\"name\":\"GELEX Maintains Double-Digit Growth in Q1 2026 - 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According to its latest Q1 financial statements, consolidated net revenue reached VND 10,722 billion, up 35.4% year-on-year. 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Consolidated pre-tax profit reached VND 2,202 billion, achieving 126% of the annual plan. The parent company contributed VND 1,535 billion, exceeding its target by 8%.<\/p>\nThe dividend was a key highlight. Viglacera plans to pay a 22% cash dividend for 2025, equivalent to roughly VND 986 billion.<\/p>\n<figure id=\"attachment_14773\" aria-describedby=\"caption-attachment-14773\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-14773 size-large\" src=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/04\/IMG_3050-2-1024x683.jpg\" alt=\"\" width=\"1024\" height=\"683\" srcset=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/04\/IMG_3050-2-1024x683.jpg 1024w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/04\/IMG_3050-2-480x320.jpg 480w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/04\/IMG_3050-2-768x512.jpg 768w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/04\/IMG_3050-2-1536x1024.jpg 1536w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/04\/IMG_3050-2-350x233.jpg 350w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/04\/IMG_3050-2.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption id=\"caption-attachment-14773\" class=\"wp-caption-text\">Chairman Tr\u1ea7n M\u1ea1nh H\u1eefu emphasized that the company\u2019s shift in product mix and focus on efficiency is delivering results, despite rising competition and volatile input costs.<\/figcaption><\/figure>\nViglacera has also been quietly reshaping how it operates. The company has streamlined its structure, reduced unnecessary layers, and reorganized into more focused, specialized business units, enabling faster decisions, clearer accountability, and tighter control.<\/p>\nThis restructuring allows the company to focus resources on its core businesses, improve cost efficiency, and build a stronger foundation for its 2026\u20132030 strategy.<\/p>\n2026: investing for the next cycle, not chasing short-term growth<\/strong><\/p>\nFor 2026, Viglacera targets consolidated revenue of VND 15,300 billion (+15% year-on-year) and pre-tax profit of VND 1,820 billion.<\/p>\nGrowth will be driven by new industrial park developments, alongside continued investment in building materials manufacturing across both northern and southern regions.<\/p>\nIn 2026, Viglacera plans to break ground on nearly 900 hectares of new industrial parks, including T\u00e2y Ph\u1ed5 Y\u00ean (500 ha), Ph\u00f9 Ninh Phase 1 (150 ha), and Industrial Park No.1 in H\u01b0ng Y\u00ean (217 ha).<\/p>\n<figure id=\"attachment_14775\" aria-describedby=\"caption-attachment-14775\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-14775 size-large\" src=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/04\/map-19-kcn-01-1024x612.jpg\" alt=\"\" width=\"1024\" height=\"612\" srcset=\"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/04\/map-19-kcn-01-1024x612.jpg 1024w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/04\/map-19-kcn-01-480x287.jpg 480w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/04\/map-19-kcn-01-768x459.jpg 768w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/04\/map-19-kcn-01-1536x918.jpg 1536w, https:\/\/gelex.vn\/wp-content\/uploads\/2026\/04\/map-19-kcn-01-2048x1224.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption id=\"caption-attachment-14775\" class=\"wp-caption-text\">Viglacera continues to expand its industrial real estate portfolio and invest in infrastructure, while improving operations.<\/figcaption><\/figure>\nManagement has made it clear that the priority is to build a foundation for the next growth cycle rather than chase short-term gains. While this may not immediately translate into standout numbers, it reflects a deliberate approach to protecting long-term shareholder value and enabling future growth.<\/p>\nIn Q1 2026, early signals were positive, with growth in industrial real estate and improved performance across key building materials segments such as AAC, sanitary ware, and tiles. More importantly, the company has taken a more proactive approach to governance, helping optimize financial performance amid rising costs.<\/p>\nTight governance, cash flow optimization, and a clear focus on core business areas are expected to help Viglacera maintain sustainable growth across economic cycles.<\/p>\nThe AGM approved the dismissal of Mr. Nguy\u1ec5n Tr\u1ecdng Hi\u1ec1n and the appointment of Mr. \u0110inh V\u0103n Hi\u1ec7p as a new member of the Board of Directors for the 2024\u20132029 term. With experience in large-scale real estate projects, the new appointment is expected to support Viglacera\u2019s next phase of growth, particularly in industrial park development.<\/p>\nPR DEPARTMENT<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"On April 25, 2026, in Hanoi, Viglacera Corporation (HOSE: VGC) held its Annual General Meeting of Shareholders. With strong shareholder backing, the meeting went beyond approving reports and proposals, setting a clear direction for 2026\u20132030 amid ongoing macroeconomic uncertainty. 2025: strong results, built on flexibility and a leaner structure Management described 2025 as a year […]<\/p>\n","protected":false},"author":22,"featured_media":14771,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63,70],"tags":[],"class_list":["post-15031","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","category-news-events"],"yoast_head":"<title>Viglacera AGM 2026: Doubling down on core pillars \u2013 Building Materials and Real Estate, with a projected 22% dividend - Gelex Holdings<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gelex.vn\/en\/news-en\/viglacera-agm-2026-doubling-down-on-core-pillars-building-materials-and-real-estate-with-a-projected-22-dividend.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Viglacera AGM 2026: Doubling down on core pillars \u2013 Building Materials and Real Estate, with a projected 22% dividend - Gelex Holdings\" \/>\n<meta property=\"og:description\" content=\"On April 25, 2026, in Hanoi, Viglacera Corporation (HOSE: VGC) held its Annual General Meeting of Shareholders. 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In addition, GELEX will issue more than 180.4 million bonus shares at a 20% ratio (1 new share for every 5 shares held), bringing the total issuance ratio to 45%.<\/p>\nFollowing the issuance, GELEX\u2019s charter capital is expected to increase from VND 9,023 billion to VND 13,084 billion.<\/p>\nThis capital increase comes as GELEX enters a new phase of expansion, aligned with its long-term strategy across four core pillars: High-Tech Industry, Infrastructure, Real Estate, and Finance. These sectors are expected to remain key growth drivers of Vietnam\u2019s economy in the years ahead, and are areas where GELEX has built strong capabilities.<\/p>\nFor 2026, GELEX targets consolidated net revenue of VND 44,712 billion, maintaining double-digit growth across its core businesses. Pre-tax profit is projected at VND 3,615 billion.<\/p>\nPR DEPARTMENT<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"GELEX Group JSC (HoSE: GEX) has set May 6 as the record date for shareholders to receive its 2025 stock dividend and bonus shares. Under the plan, the company will issue over 225.5 million shares as a stock dividend at a 25% ratio (shareholders will receive 1 new share for every 4 shares held). In […]<\/p>\n","protected":false},"author":22,"featured_media":14758,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63,70],"tags":[],"class_list":["post-14757","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","category-news-events"],"yoast_head":"<title>GELEX sets record date for dividend and bonus share issuance - Gelex Holdings<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gelex.vn\/en\/news-en\/gelex-sets-record-date-for-dividend-and-bonus-share-issuance.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GELEX sets record date for dividend and bonus share issuance - Gelex Holdings\" \/>\n<meta property=\"og:description\" content=\"GELEX Group JSC (HoSE: GEX) has set May 6 as the record date for shareholders to receive its 2025 stock dividend and bonus shares. Under the plan, the company will issue over 225.5 million shares as a stock dividend at a 25% ratio (shareholders will receive 1 new share for every 4 shares held). 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Upon completion, its charter capital will rise from VND 3,660 billion to VND 6,404 billion.<\/p>\nUnder the plan, shareholders will receive 75 new shares for every 100 shares held. The new shares will not be subject to any transfer restrictions.<\/p>\nThe issuance is slated for Q2\/2026, pending confirmation from the State Securities Commission of Vietnam that the company has fulfilled all required filing procedures.<\/p>\nFunding will be sourced from the development investment fund, share premium, based on the 2025 standalone financial statements, as well as retained earnings reflected in the audited 2025 consolidated financial statements.<\/p>\nEarlier, GELEX Electric completed its 2025 cash dividend payout at a total rate of 55%. This included a 30% interim dividend (approximately VND 1,098 billion), followed by a 25% final payment (around VND 915 billion).<\/p>\nPR Department<\/p>\n","protected":false},"excerpt":{"rendered":"GELEX Electric JSC (HoSE: GEE) has announced plans to issue bonus shares to existing shareholders, with a distribution ratio of 75%, as part of a capital increase from equity. The company expects to issue approximately 274.4 million shares. Upon completion, its charter capital will rise from VND 3,660 billion to VND 6,404 billion. Under the […]<\/p>\n","protected":false},"author":25,"featured_media":14684,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63,70],"tags":[],"class_list":["post-14711","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","category-news-events"],"yoast_head":"<title>GELEX Electric to issue 274.4 million bonus shares in 75% stock dividend plan - Gelex Holdings<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gelex.vn\/en\/news-en\/gelex-electric-to-issue-274-4-million-bonus-shares-in-75-stock-dividend-plan.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GELEX Electric to issue 274.4 million bonus shares in 75% stock dividend plan - Gelex Holdings\" \/>\n<meta property=\"og:description\" content=\"GELEX Electric JSC (HoSE: GEE) has announced plans to issue bonus shares to existing shareholders, with a distribution ratio of 75%, as part of a capital increase from equity. The company expects to issue approximately 274.4 million shares. Upon completion, its charter capital will rise from VND 3,660 billion to VND 6,404 billion. 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The company expects to issue approximately 274.4 million shares. Upon completion, its charter capital will rise from VND 3,660 billion to VND 6,404 billion. Under the […]","og_url":"https:\/\/gelex.vn\/en\/news-en\/gelex-electric-to-issue-274-4-million-bonus-shares-in-75-stock-dividend-plan.html","og_site_name":"Gelex Holdings","article_published_time":"2026-04-11T02:17:12+00:00","article_modified_time":"2026-04-15T01:32:50+00:00","og_image":[{"width":1024,"height":683,"url":"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/04\/GELEX-1024x683.jpg","type":"image\/jpeg"}],"author":"admin2","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin2","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/gelex.vn\/en\/news-en\/gelex-electric-to-issue-274-4-million-bonus-shares-in-75-stock-dividend-plan.html#article","isPartOf":{"@id":"https:\/\/gelex.vn\/en\/news-en\/gelex-electric-to-issue-274-4-million-bonus-shares-in-75-stock-dividend-plan.html"},"author":{"name":"admin2","@id":"https:\/\/gelex.vn\/#\/schema\/person\/5b55f0f16b0c74113c6f0550d21f17a3"},"headline":"GELEX Electric to issue 274.4 million bonus shares in 75% stock dividend plan","datePublished":"2026-04-11T02:17:12+00:00","dateModified":"2026-04-15T01:32:50+00:00","mainEntityOfPage":{"@id":"https:\/\/gelex.vn\/en\/news-en\/gelex-electric-to-issue-274-4-million-bonus-shares-in-75-stock-dividend-plan.html"},"wordCount":167,"publisher":{"@id":"https:\/\/gelex.vn\/#organization"},"image":{"@id":"https:\/\/gelex.vn\/en\/news-en\/gelex-electric-to-issue-274-4-million-bonus-shares-in-75-stock-dividend-plan.html#primaryimage"},"thumbnailUrl":"https:\/\/gelex.vn\/wp-content\/uploads\/2026\/04\/GELEX.jpg","articleSection":["News & Events","News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/gelex.vn\/en\/news-en\/gelex-electric-to-issue-274-4-million-bonus-shares-in-75-stock-dividend-plan.html","url":"https:\/\/gelex.vn\/en\/news-en\/gelex-electric-to-issue-274-4-million-bonus-shares-in-75-stock-dividend-plan.html","name":"GELEX Electric to issue 274.4 million bonus shares in 75% stock dividend plan - 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In parallel, it will issue over 180.4 million bonus shares at a 20% ratio (5:1) to increase charter capital from equity. All newly issued shares will be freely transferable.<\/p>\nThe issuance is scheduled for Q2\/2026, subject to confirmation from the State Securities Commission of Vietnam that the required documentation has been fully received, and no later than six months after the conclusion of the 2026 Annual General Meeting of Shareholders.<\/p>\nIn total, GELEX plans to issue approximately 406 million shares in this round, equivalent to a par value of around VND 4,060 billion. Upon completion, the company\u2019s charter capital will increase from VND 9,023 billion to VND 13,084 billion.<\/p>\nPreviously, GELEX paid an interim cash dividend for 2025 at a rate of 8%, amounting to nearly VND 722 billion distributed to shareholders.<\/p>\nFor 2026, GELEX targets consolidated net revenue of VND 44,712 billion, maintaining double-digit growth across its core business segments, with profit before tax projected at VND 3,615 billion.<\/p>\nPR DEPARTMENT<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"GELEX has announced a plan to pay 2025 dividends in shares at a rate of 25%, alongside a 20% bonus share issuance from equity. Specifically, the company expects to issue more than 225.5 million shares at a 25% ratio (4:1) for dividend payment. In parallel, it will issue over 180.4 million bonus shares at a […]<\/p>\n","protected":false},"author":22,"featured_media":11620,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[70,63],"tags":[],"class_list":["post-14660","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-events","category-news-en"],"yoast_head":"<title>GELEX to pay dividends and increase charter capital by 45%, raising it to over VND 13,000 billion - Gelex Holdings<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gelex.vn\/en\/news-en\/gelex-to-pay-dividends-and-increase-charter-capital-by-45-raising-it-to-over-vnd-13000-billion.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GELEX to pay dividends and increase charter capital by 45%, raising it to over VND 13,000 billion - Gelex Holdings\" \/>\n<meta property=\"og:description\" content=\"GELEX has announced a plan to pay 2025 dividends in shares at a rate of 25%, alongside a 20% bonus share issuance from equity. 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