Van Phat Hung Corporation at its AGM, approved the resignation of Mr. Vo Anh Tuan as Chief Executive Officer (CEO) cum Legal Representative as from April 01, 2020 and approved the appointment of Mr. Truong Thanh Nhan as Chief Executive Officer (CEO) cum Legal Representative as from April 01, 2020. The company approved the resignation of Mrs. Tran Thu Oanh as member of BOD and additional election of Mrs. Nguyen Thi Le Ha as Independent member of BOD for the period 2016 - 2021. The company also approved the dissolution and resignation of members of Supervisory Board from May 07, 2020: Mrs. Hoang Thi Thu Thuy: Head of Supervisory Board, Mrs. Tran Thanh Phuong Trang: member of Supervisory Board, and Mrs. Tran Nhu Suong: member of Supervisory Board.

The company announced at the 2020 AGM has approved profit distribution in 2019 of VND 252,345,290,411.

The company expects cash dividend payment for 2020 of 8% with VND 76,286,240,000.