FRT

FPT Retail (FRT) announced at its 2026 AGM a target for 27% pre-tax profit growth to VND 1.55 trillion and 16% revenue growth to VND 59.5 trillion for 2026. The plan is anchored by expanding its Long Chau pharmacy network by 450 outlets and introducing over 30 new advanced drugs for rare and chronic diseases, aiming to solidify its position in Vietnam's high-value healthcare retail segment.

FPT Retail (FRT) estimates Q1 pre-tax profit grew 70% YoY to approximately VND 465 billion, with revenue up 30%, exceeding its 2026 annual plan. The company attributes the strong start to favorable business conditions and is implementing AI tools and cost optimization to navigate potential inflation and geopolitical headwinds.

FPT Retail's Long Chau pharmacy chain entered a strategic partnership with global pharmaceutical firm Sandoz and the Ho Chi Minh City Respiratory Association to promote antibiotic awareness and treatment compliance.

FPT Retail (FRT) will hold its 2026 AGM on April 17, presenting a business plan targeting 16% revenue growth and 27% pre-tax profit growth for 2026, and proposing a 5% stock dividend.

FTSE Russell has confirmed Vietnam's reclassification from Frontier to Secondary Emerging market status, effective September 2026, along with a detailed 4-tranche roadmap for inclusion into FTSE GEIS indices by September 2027. A reference list of 32 potential stocks, including major large-caps, was also released.

Major Vietnamese retail companies like MWG, PNJ, MSN, FRT, and DGW are setting ambitious, often record-high, profit targets for 2026, supported by positive Q1 2026 forecasts and a government strategy to boost domestic retail consumption.

Securities companies' self-trading desks net bought 423 billion VND on HOSE during the last trading session of the week, contributing to the VN-Index's 0.77% gain for the day and 3.92% for the week. This activity saw significant buying in stocks like MWG, HPG, and MBB, while STB and VPB were among those net sold.

Foreign investors net bought nearly 900 billion VND across the Vietnamese stock market, contributing to the VN-Index closing at 1,750 points, with TCB, HPG, and MBB being the most heavily accumulated stocks.