On March 6, 2025, Kinh Bac Urban Development Corporation (KBC) held an extraordinary shareholders’ meeting to approve a business plan with a revenue target of 10 trillion VND and a profit of 3.2 trillion VND, significantly higher than the previous year. Chairman Dang Thanh Tam believes that Donald Trump’s leadership will boost investment flows into Vietnam, benefiting KBC. He expressed regret for shareholders who departed earlier. Despite a disappointing 2024 with only 31% of revenue targets met, KBC received investment licenses for significant projects like Trang Duệ 3 Industrial Park and Trang Cát Urban Area, long-prepared projects. KBC also signed a memorandum to lease over 30 hectares to a tech giant. Tam is confident that 2025 will be prosperous for KBC.
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