On September 12, Halcom Vietnam JSC (stock code: HID) successfully held its 2025 Annual General Meeting of Shareholders (AGM), approving the Board of Directors’ report on fiscal year 2024 operations, the 2025 production and business plan, and the company’s development orientation through 2030.
The key items approved at the meeting included: the Board of Directors’ report on 2024 operations and its 2025 action plan; the Supervisory Board’s report on 2024 activities and its 2025 direction; the business results, audited financial statements, and 2024 profit distribution plan, along with several other important matters.
Presidium of the 2025 Annual General Meeting of Shareholders of Halcom Vietnam JSC
The 2024 financial year marked a significant period for Halcom as the company faced both global economic challenges and pressure to restructure its business portfolio. The Board of Directors and Executive Management focused resources on strategic areas, including renewable energy, water supply and drainage, real estate, and project development consultancy.
The company has successfully implemented the Nhon Hoi Economic Zone Water Supply Project (Gia Lai Province), which is expected to enter Phase I operation in September 2025. The Phuong Mai 3 Wind Power Plant (Gia Lai Province) continues to be optimized for operational efficiency, while the Thuan Thanh Water Plant (Bac Ninh Province) is completing legal procedures for Phase II, with the goal of bringing the plant into operation at a capacity of 12,000 m³/day. In the real estate sector, the company continues to complete legal procedures for the Phuong Mai 3 Resort Project on the existing land area where the Phuong Mai 3 Wind Power Plant is currently operating. At the same time, Halcom is focusing on developing new projects in renewable energy and water supply and drainage across several provinces and cities, including Hanoi, Can Tho, Da Nang, and other localities, creating a foundation for investment implementation in the next development phase.
In the consulting sector, based on its investment projects in operating areas, the company aims to expand and develop more consulting contracts. During the year, the company successfully carried out a consulting package in Laos. In the coming period, Halcom will focus on participating in suitable bidding opportunities in international markets to strengthen its position and attract talented experts across all fields of operation.
Mr. Nguyen Viet Dung – Vice Chairman of the Board of Directors of Halcom, presenting the report
At the AGM, Halcom announced its long-term development plan for the 2025–2030 period. Accordingly, by 2030, the company aims to invest in 400–600 MW of renewable energy capacity, including at least two projects with a capacity of 100 MW or more, with a total estimated investment capital of approximately USD 1.5 billion. In the water supply and drainage sector, Halcom plans to develop at least one additional water plant with a capacity of 50,000–100,000 m³/day. In the real estate sector, the company will complete key components of the Phuong Mai 3 Resort Project, with a total investment of approximately VND 5 trillion. For the consulting sector, Halcom expects revenue to reach at least VND 100 billion per year while expanding into international markets.
For the 2025 financial year plan, Halcom will prioritize completing and putting into operation Phase I of the Nhon Hoi Economic Zone Water Supply Project, while increasing the capacity of the Thuan Thanh Water Plant (Phase II) to 12,000 m³/day. In the renewable energy sector, Halcom will focus on completing legal procedures and preparing to commence a series of waste-to-energy, wind power, and solar power projects in several localities. The company will also promote several projects in Cambodia and develop sand trading activities to meet the current demand for infrastructure development in Vietnam.
A new direction for Halcom in 2025 is to promote scientific and technological research on batteries and energy storage equipment to optimize clean energy sources. The company is currently completing national-level scientific research projects for registration with the Ministry of Science and Technology. This orientation aligns with Politburo Resolution No. 57-NQ/TW, which emphasizes the role of science and technology and innovation as key drivers of development, while encouraging enterprises to participate in scientific research. This strategy not only enhances Halcom’s competitiveness but also contributes to the implementation of the country’s sustainable development goals.
Alongside its investment projects, Halcom is also focusing on expanding its consulting activities. The company aims to continue bidding for projects in Laos, Cambodia, and regional markets, leveraging its strengths in ODA and FDI consulting services.
Mr. Nguyen Quang Huan – Chairman of the Board of Directors of Halcom Vietnam, participating in discussions at the event
At the AGM, human resource development was highlighted as one of the company’s key priorities. Halcom is making efforts to professionalize its senior management team, expand cooperation with international experts, and strengthen connections with strategic partners to facilitate technology transfer. The application of KPI-based management, modern governance technologies, and the development of a young, dynamic succession team will serve as key drivers to improve the company’s management efficiency. The Board of Directors affirmed that Halcom will continue to maintain its corporate culture based on four core values and promote a culture of innovation in the coming period, considering this as a foundation for the company to differentiate itself and achieve sustainable growth in the market.
With a high approval rate, the Annual General Meeting of Shareholders (AGM) approved the 2025 financial year production and business plan, with the following key business targets:
Total revenue: VND 553.5 billion
Profit before tax: VND 22.4 billion
On its journey toward 2030, Halcom remains committed to a development philosophy centered on green growth, sustainability, transparency, and innovation. These core values are expected to help the company achieve stronger and more stable growth in the field of energy and green infrastructure in Vietnam and the region.
Let’s take a look at some additional images from the event:
