Vinpearl (VPL) sold approximately 5.2 million Vingroup (VIC) shares, reducing its stake in VIC to about 1.1%, in a transaction valued at roughly 990 billion VND. The same day, VIC's stock price hit the ceiling.
Real estate companies, including Novaland (NVL), are facing significant operational and financial challenges due to high and volatile interest rates, which are increasing costs, delaying project disbursements, and creating barriers for homebuyers, forcing firms to adopt flexible payment policies.
Dat Xanh Group (DXG) plans to change its name and rebrand to shift from a 'service company' image to an investment, development, and asset management conglomerate model, while announcing 2026 revenue target of 5,000 billion VND and net profit of 268 billion VND, representing ~16% growth.
Ho Chi Minh City launched a venture capital fund with an initial charter capital of 500 billion VND (~$20M USD), with major contributions from leading corporations including Vingroup (VIC) and FPT (FPT).
Vingroup, FPT, and other major private corporations and financial institutions have co-invested with Ho Chi Minh City's government to launch the HCM Venture Investment Fund (HCM VIF) with an initial charter capital of 500 billion VND (~$20M USD).
Market commentary discusses the VN-Index's recent rise above 1800 points, highlighting a divergence where large-cap stocks like VIC and VHM are showing signs of resistance and potential short-term correction, while the broader market faces selective pressure.
A trend analysis article highlights new entrants, including real estate and steel giants, investing in Vietnam's power sector, driven by supportive government policies like the revised Power Development Plan VIII.
Bui Cao Nhat Quan has been officially appointed as Chairman of the Board of NovaGroup, replacing founder Bui Thanh Nhon, and is also a candidate for the Board of Novaland (NVL).
Bui Cao Nhat Quan has been officially appointed as Chairman of the Board of NovaGroup, replacing founder Bui Thanh Nhon, and is also a candidate for the Board of Novaland (NVL).
HD Securities (HDC) reported Q1 2026 pre-tax profit of VND 352 billion, a 259% year-over-year surge, leading a wave of securities firm earnings. This performance contrasts with mixed results from peers like FPTS (+7%) and APEC Securities (loss of VND 38B), highlighting HDC's standout growth amid sector volatility.
The article recaps the past week's market performance, noting the VN-Index recovered to the 1,800 level, primarily driven by strong gains in VIC and VHM, while KSF led gains on the HNX-Index.
An Gia Real Estate (AGG) will acquire over 5.4 million shares to raise its stake in Loc Phat Management and Development JSC to 70% in Q2/2026, reclassifying the investment from an associate to a subsidiary. The move signals a strategic consolidation of control, with Chairman Nguyen Ba Sang authorized to manage the stake post-transaction.
Novaland nominates Bui Cao Nhat Quan, son of the founder, to its Board of Directors and plans a bonus share issuance (max 40:3 ratio) and an ESOP issuance of 111.7 million shares.
Novaland (NVL) announced plans for a 40:3 stock bonus from capital surplus and an ESOP issuance of approximately 111.7 million shares at a minimum price of 10,000 VND/share, to be voted on at the upcoming AGM.