Vietnam Government Allows VIMC to Pay Dividends in Shares
The Vietnamese government approved a resolution on November 10 allowing Vietnam Maritime Corporation (VIMC) to pay dividends in shares from its undistributed after-tax profit for fiscal 2024, after required allocations to funds. The Ministry of Finance will oversee the related state capital arrangements. The resolution takes effect on December 25.
Deputy Prime Minister Nguyễn Văn Thắng signed Resolution No. 46/2026/NQ-CP on behalf of the Vietnamese government on November 10, allowing Vietnam Maritime Corporation - JSC (VIMC) to pay dividends in shares. The resolution states that the dividends will be paid from the company’s undistributed after-tax profit for fiscal 2024, after allocations to funds as required.
File photo.（VietVance）
The share dividends must comply with Vietnam’s laws on enterprises and securities. The resolution concerns VIMC’s profit for fiscal 2024 and does not specify a dividend rate, the number of shares to be issued or an implementation date.
The government has tasked the Ministry of Finance with exercising the rights and responsibilities of the representative agency for state capital at VIMC in accordance with the law, and with monitoring and supervising additional state capital investment in the company as required.
The Ministry of Finance must also direct the representatives of state capital at VIMC to implement the share dividend plan to increase the company’s charter capital. The resolution requires the plan to be carried out effectively and for its intended purposes, in line with goals to modernize seaport infrastructure, advance digital and green transformation, and strengthen international competitiveness. The resolution takes effect on December 25, 2026.
Source: VietVance
