On April 12, 2023, VNSTEEL - VICASA Joint Stock Company announces the measures and schedule to overcome the status of securities being put under warning with details as follows:

1)      Reducing the production cost:

-          Production and consumption decreased compared to quarter 1/2022)

2)      Improving the production activities, warehouse and purchasing:

-          Interest expenses decreased 447 million dongs, loan interest rate increased 2.5% - 3.0% compared to quarter 1/2022.

3)      Successful completing profit plan of quarter 1/2023:

-          Profit after tax in quarter 1/2023: 5.33 billion dongs.