The Ministry of Industry and Trade issued a plan to promote rooftop solar power and energy storage, targeting 3% national electricity savings in 2026 and 10% savings during peak summer months, with potential credit support for households and businesses.
Phat Dat Real Estate Development (PDR) completed the transfer of 33 million shares, equivalent to 30% of charter capital in Tam Hiep Urban Development JSC, making it no longer an associate company. PDR's Q1/2026 net profit rose 2.7 times year-on-year to nearly 138 billion VND, boosted by financial income from investment liquidation.
Seven Vietnamese banks (Vietcombank, HDBank, SHB, MB, TPBank, LPBank, Nam A Bank) have approved plans to establish wholly-owned subsidiary banks within the Ho Chi Minh City International Financial Center (VIFC-HCMC). However, major foreign banks from the US, China, and Japan face regulatory hurdles due to a requirement that parent banks have a credit rating of AA or higher, which only JPMorgan currently meets.
PC1 Group announced that Chairman Trinh Van Tuan and six other senior leaders have been prosecuted and detained for accounting violations and embezzlement, triggering an extraordinary general meeting in July 2026.
47 companies announced cash dividend payments this week, with the highest rate at 83.6% from BMP, while Techcombank plans to pay nearly 5,000 billion VND in dividends.
PC1 Group's Chairman Trinh Van Tuan and 6 other senior leaders have been prosecuted and detained for accounting violations and embezzlement, severely impacting the company's governance.
REE announces leadership changes: CEO Ashok Ramachandran resigns, replaced by Nguyen Ngoc Thai Binh; Chairwoman Nguyen Thi Mai Thanh steps down effective July 10, 2026, succeeded by Lee Liang Whye.
MobiFone's Digital Services Center and VTV Digital signed a cooperation agreement to develop the VTVgo ecosystem, focusing on VTVgo World Cup 2026 packages and integrating public services on the platform.
On the evening of May 15, international gold and silver prices plunged sharply, with gold dropping nearly $100/oz from the morning and silver falling 8.3% in a single session, amid escalating Middle East tensions and a stronger USD.
FDC (Fideco) hit the ceiling price after announcing a plan to mortgage its 4,300 billion VND Can Gio project at Sacombank and a massive capital raise of over 261 million shares to increase charter capital 7.7 times.
ACV appoints Mr. Nguyen Duc Hung as Acting General Director, following a directive from the Prime Minister to complete leadership restructuring and resolve payment issues for the Long Thanh airport project.
Vietnamese banks are increasing provisions and accelerating asset sales as bad debts rise, with group 5 debts at Sacombank, BIDV, and VPBank growing significantly in Q1 2026.
VPBank board member Pham Thi Nhung successfully purchased 30 million VPB shares, raising her ownership to 0.96% of the bank's capital. The bank also announced early bond buybacks and a 5% cash dividend payment.
Nhat Viet Securities (VFS) will issue nearly 14 million shares as stock dividends at a 10:1 ratio, with the record date on May 27. The company also plans a rights offering of 139.9 million shares at VND 10,000 each to raise capital for margin lending and proprietary trading.
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Information provided for educational purposes only. Past performance does not guarantee future results. Data sourced from public Vietnamese market feeds.