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.
Domestic institutional investors were net sellers of 469.3 billion VND (approx. $18.77 million) today, while foreign investors were net buyers of 47.6 billion VND (approx.
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 article reports on daily market movements, with MWG hitting the ceiling limit on high volume due to IPO expectations for its subsidiary, while Vin-group and real estate stocks corrected sharply, and oil & gas stocks rose.
VN-Index rose 1.07% to 1,819.83 points on 16/04/2026, driven by large-cap stocks, particularly Vingroup family stocks, while foreign investors net sold 1.1 trillion VND on HOSE. Real estate and consumer discretionary sectors were bright spots, but market breadth was negative with more declining stocks than gainers.
VIC surged to a new all-time high, leading the VN-Index to a gain of over 19 points, while the broader market saw significant profit-taking with most stocks declining and foreign investors net selling heavily.
Foreign investors were net sellers of VND 123.2 billion (~USD 4.93 million) on the Vietnamese stock market, with notable net buying in Food & Beverage and Securities sectors, and net selling in Banking. Individual investors were strong net buyers of VND 1,237.3 billion.
Chinese automotive giant Geely explores building an electric vehicle plant in Northern Vietnam's Phu Tho province amid discussions about its global expansion plans.