ACV — Vietnamese Stock News

ACV appoints Nguyen Cao Cuong as Chairman; 2024 pre-tax profit target drops to VND 7,011B (-54% YoY) due to peak investment at Long Thanh airport.

ACV elects Nguyen Cao Cuong as Chairman at AGM on June 19. He has over 20 years in aviation, including leadership at TCS and Vietnam Airlines.

ACV reports arrests of top leaders for violations at Long Thanh and Tan Son Nhat projects. Board admits control failure. 2026 profit forecast down 41%.

ACV forecasts 2025 pre-tax profit of VND 7,011B, the lowest in 5 years and down 53.9% YoY, due to rising depreciation and investment costs for Long Thanh airport.

ACV appoints Nguyen Duc Hung as Acting General Director, following PM directive to resolve Long Thanh airport payment issues and complete leadership restructuring.

ACV appoints Nguyen Duc Hung as acting General Director effective May 15, 2026. The position had been vacant since September 2024. ACV manages major airports and the Long Thanh project.

ACV appoints Nguyen Duc Hung as acting CEO after former acting CEO Nguyen Tien Viet was prosecuted for bidding violations. Stock closed at VND 44,000.

ACV appoints Nguyen Duc Hung as Acting General Director from May 14, following a government directive to stabilize leadership at Vietnam's airport operator.

Domestic airfares surge 20% as jet fuel supply meets only 20% of demand, forcing airlines to consolidate flights at ACV-managed airports. ACV stock flat at VND 46.

Vietnam's aviation traffic surged 18% in early 2026. ACV, the airport operator, sees strong passenger and cargo growth, with safety measures amid drone incidents.

ACV reports domestic airfares up 15-20% as Jet A1 supply covers only 20% demand. Vietnam Airlines faces 11-27 trillion VND extra costs; Vietjet adds $24M/month.

Vietnam plans 6 new airports by 2030, targeting 300M passengers/year. ACV's Long Thanh airport phase 1 to open in 2026. Key beneficiary of infrastructure cycle.

PM orders ACV to complete key personnel consolidation by May 7 to boost Long Thanh International Airport project management. ACV stock at VND 46.

ACV reports record Q1 net profit of 3,346B VND (+7% YoY) but warns of 6,000-worker shortage at Long Thanh airport, risking 2026 completion.

ACV reports record Q1 2026 net profit of VND 3,346B (+7.2% YoY). Revenue rises 7.7% to VND 6,861B. Construction at Long Thanh airport faces delays amid legal issues.

ACV warns of severe labor shortage at Long Thanh Airport site, with only 8,457 workers vs. 14,000 needed, impacting progress amid rising costs.

ACV reports payment currency and cost structure disputes with Vietur consortium leader IC Ictas on Long Thanh airport terminal package, threatening project timeline.

Deputy PM directs Ministry of Public Security to speed up violation probe at Long Thanh Airport project and orders Ministry of Finance to restructure ACV. Ticker: ACV (HOSE).

Airports Corporation of Vietnam (ACV) is developing a plan to reduce state-regulated aviation service fees to aid airlines facing high jet fuel prices due to Middle East tensions.

ACV (HOSE) reports labor shortages and rising fuel costs at Long Thanh airport project, with 74.47% contract value completed. Analysis for institutional investors.