Savico (SVC) withdrew its capital increase plan and set a 2026 target of 22,094 billion VND in revenue (-21% YoY) and 159 billion VND in net profit (-68% YoY), citing temporary market saturation after a record 600,000+ vehicles in 2025.
The State Bank of Vietnam has decided to relax credit room for 25 commercial banks by excluding additional outstanding loans for social housing, industrial parks, and export processing zones from the real estate credit control limit for the entire year 2026, aiming to direct capital toward real demand and sustainable growth.
Phat Dat Real Estate Development (PDR) board approved the transfer of its entire 99.34% stake in Serenity Investment Joint Stock Company as part of a restructuring strategy to focus on key projects in 2026. The deal value is undisclosed but estimated at up to 3,000 billion VND.
The Vietnamese government issued Decree 198/2026/ND-CP amending the organizational structure of the State Bank of Vietnam, effective July 1, 2026, renaming two departments and adjusting the number of offices within various departments.
The Ministry of Finance proposes a draft circular on tax risk management, classifying taxpayers into high, medium, and low risk levels, with high-risk cases facing stricter measures including potential referral to police.
Ho Chi Minh City orders completion of land clearance for two major projects, Binh Quoi - Thanh Da (423 ha) and Rach Chiec (186 ha), by October 31, aiming to restart long-stalled developments.
The Ministry of Finance proposes a draft decree to publicly disclose information of business owners who abandon their registered business addresses, aiming to enhance tax management and protect buyers from high-risk invoices.
The Ministry of Finance proposes a draft circular to apply risk management and compliance management in tax administration, focusing on taxpayers with suspicious bank transactions or tax violations.
The Ministry of Finance stated that there is insufficient basis to implement personal income tax on gold bar transactions, pending the establishment of a gold exchange platform.
Deputy Prime Minister Nguyen Van Thang met with Bybit CEO Ben Zhou to discuss Vietnam's pilot crypto asset market under Resolution 05/2025/NQ-CP, emphasizing transparency, safety, and international standards.
ASAM Securities was fined 60 million VND for violating information disclosure deadlines, delaying a bond transaction report by 4 days. The company also reported a Q1/2026 pre-tax loss of 6.3 billion VND, ten times higher than the same period last year.
International Milk Lof (IDP) announced a cash dividend of 80% for 2025 and an advance of 20% for 2026, totaling over 618 billion VND, with record date on June 22, 2026.
Petrolimex (PLX) plans to sell all 23.3 million treasury shares to meet public company conditions, as it currently fails the requirement that at least 10% of voting shares be held by non-major shareholders. The company reported a net loss attributable to parent company shareholders of 763 billion VND in Q1/2026.
Petrolimex (PLX) plans to sell all 23.3 million treasury shares (1.8% of charter capital) to avoid losing its public company status due to insufficient minority shareholder ratio. The company reported a net loss of over VND 662 billion in Q1/2026, its worst in 25 quarters.
CafeF - Doanh nghiệp
6Negative
Share this market brief
Send the June 04, 2026 Vietnam market summary to another investor.
Information provided for educational purposes only. Past performance does not guarantee future results. Data sourced from public Vietnamese market feeds.