Vietnam Securities Corporation (VFS) has approved the plan to issue 10.36 million shares as dividends for the year 2024 at an 8% rate based on the total number of shares in circulation. Shareholders holding 100 shares will receive 8 new shares. The funds will come from undistributed after-tax profits, with implementation expected in Q2-Q3 2025. After this issuance, VFS’s total shares in circulation will increase to 139.96 million, with a charter capital of 1,399.6 billion VND. At the Annual General Meeting in 2025, VFS also approved a plan to sell 120 million shares to existing shareholders during the period 2025-2026. The revenue target for 2025 is over 515 billion VND, with expected pre-tax and post-tax profits of more than 172 and 138 billion VND, respectively, both increasing over 10% from the previous year. In May 2025, VFS appointed Ms. Nguyen Thi Thu Hang as the new General Director.
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