VICTORY GROUP ANNUAL GENERAL MEETING 2026: READY FOR A NEW BREAKTHROUGH PHASE
04/25/2026
On April 24, 2026, Victory Group Joint Stock Company (Victory Group) successfully organized its 2026 Annual General Meeting of Shareholders (AGM). A key highlight of the event was the election of the Board of Directors (BOD) for the 2026–2031 tenure, marking a strategic milestone in the Group’s journey toward sustainable development and reinforcing its position as a professional real estate developer in Vietnam.
The Victory Group Team at the 2026 Annual General Meeting of Shareholders
Market Context and Strategic Significance
Amidst a profound restructuring of the real estate market—which demands higher execution capabilities and corporate resilience—Victory Group’s 2026 AGM served as more than just an annual review. It functioned as a pivotal transition, shaping the strategic roadmap for the Group's next evolutionary phase.
The meeting was attended by the Board of Directors, the Executive Board, and shareholders. It offered an opportunity to reflect on past achievements while aligning on strategic objectives to navigate the evolving market landscape.
2025 Review: Demonstrating Capacity and Robust Growth
During the AGM, the leadership presented the 2025 performance review and financial statements, highlighting remarkable growth metrics:
Consolidated Revenue: Reached VND 494 billion, an 84% increase compared to 2024.
Consolidated Profit: Reached VND 15 billion, soaring by 136% year-on-year.
Beyond financial performance, Victory Group demonstrated strong operational momentum. The Group signed over 20 project development contracts with a total value of VND 3,320 billion, while aggressively expanding its marketing reach and customer base.
The Group's execution portfolio currently includes:
10 projects in the investment preparation phase.
6 projects under active construction.
1 apartment project successfully completed and handed over.
These results underscore the Group’s synchronized implementation capacity and its ability to maintain project timelines despite market headwinds. Concurrently, Victory Group has strengthened its internal foundations by enhancing construction consultancy quality, expanding its talent pool, and integrating advanced technology into operations and management.
2026 Outlook: Accelerating on a Solid Foundation
Building on the momentum of 2025, the Chairman of the Board outlined the 2026 development goals, focusing on scaling operations, enhancing project development expertise, and optimizing the corporate ecosystem.
Victory Group’s 2026 strategy prioritizes project quality, product value-add, and synergy between ecosystem units. The Group aims to expand its market footprint and leverage technology to boost productivity and competitive advantage. Key financial targets for 2026 include:
Consolidated Revenue: Targeted at over VND 3,000 billion.
Profit After Tax (PAT): Projected to exceed VND 200 billion.
Total Contract Value: Aiming for over VND 7,000 billion.
Victory Group Leaders Discuss Strategic Growth Directions
New Board of Directors: Strengthening Corporate Governance
A cornerstone of the AGM was the election of the Board of Directors for the 2026–2031 term. The new Board, comprising experienced industry professionals, is expected to play a decisive role in steering the Group's strategy, improving governance standards, and driving operational efficiency to meet rising market demands.
A Foundation for Sustainable Development
The AGM approved several critical resolutions regarding financial activities, business plans, and shareholder policies, providing a legal and strategic framework for future objectives.
A representative of Victory Group stated:
"The 2026–2031 period will be an era of acceleration for Victory Group. Our focus remains on maximizing the efficiency of our ecosystem and elevating the quality of project development. With a fortified foundation and a clear strategic vision, we are confident in our ability to achieve breakthroughs and solidify our standing in Vietnam's real estate sector."
