- 118 shareholders (representing 59% of total outstanding shares) attended PVS’s AGM on May 29. The meeting mainly discussed the potential workload from the Block B project, LNG terminals and the offshore wind industry, as well as PVS’s preliminary H1 2023 results.

- The AGM approved PVS’s proposed strategy for the offshore renewable energy industry. PVS plans to penetrate the renewable energy market by becoming an international-standard contractor for the offshore wind industry. In later stages, PVS aims to become a developer of renewable energy projects, starting with projects in Vietnam.

- PVS aims to develop a value chain for mechanical construction for the global offshore wind power industry in Vietnam. This value chain includes PVS as the main contractor and several subcontractors. This should help PVS to benefit from the huge potential of the offshore wind power industry.

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