CTCP Van Phu Real Estate Development (VPI) has decided to add capital to its subsidiary Van Phu Bac Ai, increasing its charter capital from 480 billion VND to 610 billion VND. VPI plans to buy 7.8 million shares, maintaining a 60% ownership ratio. Van Phu Bac Ai was established in 2016 to implement the BT contract for the project connecting Pham Van Dong road to Go Dua junction. As of December 31, 2025, VPI recorded project production costs of about 2.459 trillion VND and is working with authorities to receive land to fulfill contract payments. On March 25, VPI will finalize the list of shareholders for the 2026 General Assembly, scheduled to take place online on April 23, 2026, to approve production and financial plans and other proposals.
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