VLA

Van Lang Technology Development and Investment JSC (VLA) accepted the resignation of Chairman Nguyen Thanh Tien and decided to exit the education and training business due to market contraction. The company targets 2026 revenue of VND 5 billion, a 67% decline from 2025, and net profit of VND 500 million, down 43%.

VLA Chairman Nguyen Thanh Tien resigned effective April 23, replaced by board member Tran Quang Thinh. The company posted a 69% profit increase in 2025 and resumed a 5% dividend after a three-year pause, while announcing a strategic shift away from its core education business due to market contraction.

VLA announced Chairman Nguyen Thanh Tien's resignation, replaced by Tran Quang Thinh, amid a sharp 90% drop in Q1 2026 revenue to VND 535 million. The company also decided to cease its training business due to declining student numbers, shifting focus to investment, corporate finance advisory, and software.

Van Lang Technology (VLA) reported a 19% year-on-year revenue decline to VND 12B for 2025, though net profit rose 69% to VND 874.5M due to one-off financial income. The company will exit its core training business in 2026, citing market contraction and intense competition, and pivot to real estate investment, finance, and software development.