Put risk management first
The 2025 General Meeting of Shareholders (GMS) recorded many notable statements from leaders of large enterprises, reflecting development orientations and how to respond to the context of many economic fluctuations.
At SSI Securities (Code: SSI), the General Meeting of Shareholders took place on the afternoon of April 18, Chairman of the Board of Directors Nguyen Duy Hung shared: "The business plan has been developed since November 2024 before recent events. We are also very concerned about tariffs from the US. Previously, there was a lot of foreign capital withdrawn, but the Vietnamese leaders took strong steps to develop businesses, with those commitments, there is no reason to change business plans".
With the first quarter results, businesses are more confident with their business plans, and can even exceed them. Mr. Hung also emphasized: "SSI puts risk management at the highest level in decades, there are no consequences after each strong market fluctuation, it cannot be predicted that there are no problems, but we try to complete the plan".
At FECON JOINT STOCK COMPANY (Code: FCN) on the morning of April 28, answering shareholders' questions about the priority of investment or construction, Mr. Pham Viet Khoa - Chairman of the Board of Directors said: "According to the strategy, FECON plans to grow both construction and investment segments. In the past 4-5 years, the investment segment is very difficult to realize the project of revenue and profit. Nhuan will be from 2025 to 2027, especially in 2027, the results will be very positive when selling Square City projects and two industrial parks. "
However, Mr. Khoa also affirmed that Fecon's core occupation is still construction, with the plan from 2028 - 2029 onwards, the construction sector will continue to account for 60% of profits, while the investment sector will account for 40%.
"There are always about 25,000 billion in cash"
For Hoa Phat Group Joint Stock Company (Code: HPG), before the question of the ability to pay interest and loan principal of the Group, Chairman of the Board of Directors Tran Dinh Long said: "Currently, the Group has a healthy loan structure, Hoa Phat's total loan is 0.5 at the end of 2024 and increases to 0.6 at the end of the first quarter I/2025. The delegation is available. We always have about 25,000 billion cash. "
Regarding the dividend payment plan, according to the initial submission, Hoa Phat plans to divide the total dividend by 20% including 5% cash and 15% shares. However, Mr. Long said that before the US counterpart tax policy, the Board of Directors decided not to divide cash dividends but to pay them all in shares "on a cautious basis and ensuring cash capital in the face of fluctuations at the international level".
This is the third consecutive year that Hoa Phat has not distributed cash dividends to shareholders. Mr. Long pledged: "From 2026, Hoa Phat will give cash dividends to shareholders if the economy does not have further instability".
Profit growth of over 20% is a disciplinary measure
Notably, at the FPT Joint Stock Company's Annual General Meeting of Shareholders (Code: FPT), on the afternoon of April 15, Chairman of the Board of Directors Truong Gia Binh said: "The profit growth rate of over 20%/year is FPT's discipline, it must be done by all means".
Mr. Binh assessed the 20% growth target as a challenge and said: "Stock prices depend on many things, we do not intend to affect stock prices. We will ensure the best profit growth and shareholder relationships in the market. Hopefully these two factors will have a positive impact on FPT's stock price".
Regarding the artificial intelligence sector, Mr. Binh said: "The more popular AI is andsionized, the greater the demand for AI factories. Based on the actual needs of customers, we will have a plan to expand suitable factories".
Digital transformation continues to be a top priority for many businesses at this year's congress season. At the Military Commercial Joint Stock Bank (MB), Chairman of the Board of Directors Luu Trung Thai emphasized: "Digital transformation is not to cut people, but to increase labor productivity".
MB prioritizes process automation, human resource training for positions with high added value, and invests about 80% of the technology budget for the next two years in security and MBV digital banking.
In the context that many banks have recently recorded a trend of cutting staff to optimize costs and adapt to digital transformation, Mr. Luu Trung Thai's speech attracted attention.
