The Vietnam Cement Vicem Ha Tien Corporation (HOSE: HT1) has announced the departure of two senior leaders: Mr. Dinh Quang Dung (Chairman) and Mr. Nguyen Van Lap (Board Member), who are retiring on December 1, 2025. Mr. Nguyen Quoc Thang, also a Board Member and CEO, will temporarily take over the management responsibilities. Mr. Dung has served as Chairman since 2019 and has been Deputy General Director of VICEM since 2013. Mr. Lap has been on the board since 2018. In terms of business results, in Q3 2025, revenue reached 1,867 billion VND, up nearly 14% year-on-year. Gross profit increased by 49%, reaching 241 billion VND. Profit after tax reached nearly 86 billion VND, a 280% increase compared to last year. The main reasons for this increase are the rise in cement consumption and reduced production costs. Vicem Ha Tien, one of the first cement companies in Southern Vietnam, became a joint-stock company and merged into VICEM in 2007. The company currently has a market capitalization of nearly 6,000 billion VND.
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