DGC

Multiple executives from listed companies DGC and VCG have been prosecuted and detained for alleged violations including environmental pollution, resource exploitation, and bidding regulations.

Duc Giang Chemicals plans to dismiss Chairman Dao Huu Huyen and his son, the Vice Chairman, from their positions, following their arrest and detention by police in March. The company also faces a warning and trading restrictions from HoSE due to a delayed audited financial report.

Duc Giang Chemicals Group (DGC) will hold an extraordinary shareholder meeting to dismiss and elect three new board members, including the Chairman and Vice Chairman, who are being prosecuted by police for environmental pollution and accounting violations.

Duc Giang Chemicals (DGC) is proposing to dismiss its Chairman and Vice Chairman, who have been prosecuted and detained by police, and is seeking shareholder approval to select a new independent auditor.

DGC enters HOSE warning status from April 23, 2026, for failing to submit its audited 2025 financial report on time, citing a police investigation into environmental and accounting violations. The delay stems from sealed accounting records, preventing audit completion and raising governance concerns for investors.

DGC faces a HOSE warning effective April 23, 2026, for submitting its audited 2025 financial statements over 15 days late, following its removal from the margin trading list on April 9. The company cites a criminal investigation as the cause, creating regulatory and trading headwinds for this chemical sector stock.

The VN-Index experienced a significant correction on April 9th, falling 1.13% with heavy selling pressure, particularly from large-cap stocks and foreign investors. Key sectors like finance, real estate, and energy saw declines, while a few stocks like HPG and LPB showed resilience.

HOSE has removed DGC shares from margin trading eligibility due to the company's delay in submitting its 2025 audited financial statements. This delay is attributed to an ongoing criminal investigation by the Ministry of Public Security, which has seized key accounting documents.

The Vietnamese stock market experienced a significant downturn in March 2026, with major indices declining by 10-11% and foreign investors net selling over 15.5 trillion VND. Consequently, VNDirect (VND) and Duc Giang Chemical Group (DGC) dropped from the list of companies with over $1 billion market capitalization.

The Vietnamese stock market is experiencing record-low liquidity from both domestic and foreign investors, leading to a slow decline in the VN-Index and narrow fluctuations across most stocks. This reflects a cautious sentiment and a significant lack of confidence among market participants.

The VN-Index fell for a third consecutive session, closing down 9 points amidst broad market declines and low liquidity, with significant selling pressure observed in oil & gas, fertilizer, securities, and real estate sectors. Investor caution is high, and foreign investors continued net selling.