On June 30, 2025, Airports Corporation of Vietnam (ACV) successfully held its 2025 Annual General Meeting of Shareholders. Distinguished guests attending the General Meeting included Mr. Pham Minh Hoang – Deputy Director of Department of State-Owned Enterprise Development, Ministry of Finance; and Mr. Pham Van Hao – Deputy Director of the Enterprise Management Department, Ministry of Construction.
Representing ACV were Mr. Vu The Phiet – Chairman of the Board of Directors; Mr. Nguyen Tien Viet – Deputy General Director; members of the Board of Directors, Board of Management, Supervisory Board, and shareholders, as well as authorized representatives in accordance with the law.
Presiding Committee Directs ACV's 2025 Annual General Meeting of Shareholders
In 2025, ACV set a target to handle 119 million passengers, an 8% increase compared to 2024. Of this, international passengers are projected to increase by 9% to 45 million, and domestic passengers by 7% to 74 million. Total cargo volume is expected to reach nearly 1.58 million tons, up 2% year-on-year. Total aircraft movements are planned for 722,000 flights, an 8% increase over 2024.
The total revenue plan is 22,239 billion VND, a 2% increase compared to 2024. Of this, revenue from main business activities accounts for 21,563 billion VND, an 8.6% increase. Profit before tax is projected at 10,531 billion VND, a 17% decrease compared to 2024. However, profit from main production and business activities is 11,747 billion VND, an 8.1% increase compared to 2024. In 2025, ACV will continue to focus all resources on implementing key national projects and major transportation sector projects.
After hearing the reports, the General Meeting unanimously voted to approve the Minutes of the Meeting and the Resolution of ACV's 2025 Annual General Meeting of Shareholders with the following contents:
- Report on 2024 business results and 2025 business plan.
- Report on 2024 activities and 2025 orientation of the Board of Directors.
- Report on the Supervisory Board's 2024 oversight activities and 2025 activity plan.
- Audited Consolidated Financial Statements and Aggregate Financial Statements for 2024 of Airports Corporation of Vietnam – JSC.
- Plan for appropriation of funds and distribution of profits for 2024 of Airports Corporation of Vietnam – JSC.
- Salary, remuneration, and bonus fund for 2024 and planned salary and remuneration fund for the Board of Directors and Supervisory Board for 2025.
- Selection of the auditing firm for the 2025 Financial Statements.
- Approval of the dismissal of Mr. Lai Xuan Thanh (retirement) and Ms. Le Thi Dieu Thuy (transfer of work) from the position of Member of the Board of Directors.
ACV's leadership and delegates engaged in discussions to clarify content related to questions and opinions raised at the event.
At the meeting, the presiding committee directly answered shareholders' questions regarding several key issues, such as: the projected impact of Japanese Yen fluctuations on ACV's ODA loans; the 2025 capital disbursement plan for loans for Tan Son Nhat International Airport Terminal T3 Project, Long Thanh International Airport Phase 1 – Component Project 3; the transfer of aviation security work to the Ministry of Public Security, and the handling of assets and personnel during the transfer; the situation regarding bad debt resolution of domestic airlines; the progress of investment in key and important national projects, especially the Long Thanh International Airport construction project; the plan for operational transfer between Tan Son Nhat International Airport and Long Thanh International Airport; the progress of handling Government’s aviation infrastructure assets (airside assets) according to the roadmap of Decision No. 2007/QD-TTg dated December 7, 2020, by the Prime Minister; and the progress of implementing the plan to issue shares for dividend payment from after-tax profits for the 2019-2023 period as approved by the General Meeting of Shareholders.
News and photos: Administration Department