Hoa Sen Group Dismisses Senior Executive After Two Decades

Hoa Sen Group (HSG) has announced the dismissal of Mr. Pham Dinh from the position of Acting Deputy General Director due to his personal resignation request, effective April 15, 2025. Mr. Dinh joined the company in June 2005 and has held various key positions over the past 20 years. The group also announced a cash dividend payment of 5% for the financial year 2023 – 2024, with payment expected on April 28, 2025. HSG plans a profit target for the fiscal year 2024 – 2025 of between 400 to 500 billion VND, lower than the previous year. The corporation will restructure its operations, including traditional production of steel and roofing, distribution of construction materials, and development of the Hoa Sen Home system.

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