Nguyen Thanh Phuong receives no salary despite Vietcap’s high profits

According to the documents for the annual shareholders’ meeting in 2025, Vietcap Securities Corporation (VCI) revealed the remuneration for its Board of Directors in 2024, notably with Chair Nguyen Thanh Phuong receiving zero salary. Independent Board members earned between 180-240 million VND, while one member received only 60 million VND due to resignation. In 2024, Vietcap achieved revenue of over 3.695 trillion VND and a post-tax profit of nearly 911 billion VND, up 49% and 85% year-on-year, respectively. It is expected that in 2025, Vietcap will continue to withhold salaries for its Board, while independent members may receive a proposed remuneration of 240 million VND per year. The company aims for revenue of 4.325 trillion VND and a pre-tax profit of 1.420 trillion VND for 2025. Vietcap plans to distribute dividends of 5-10% and issue over 4.5 million shares under the ESOP program next year. VCI shares have significantly recovered this year, reaching 38,950 VND per share, the highest in over three years.

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