Real Estate

GVR confirms it will not lose public company status despite having only 3.23% of shares held by non-major shareholders, well below the 10% threshold. The exemption applies under transitional regulations for state-owned enterprises undergoing capital restructuring as per Decree 57/2026.

On June 4, 2026, foreign investors net sold VND 5,742.2 billion on the Vietnamese stock market, the largest daily sell-off in recent months, but domestic institutions absorbed the entire amount with net purchases of VND 5,915.0 billion. A notable block trade saw 25.2 million VIC shares worth VND 4,997.4 billion transferred from foreign to domestic hands, signaling a major ownership shift in Vingroup.

PDR has approved the transfer of its entire 99.34% stake in Serenity Investment, the subsidiary holding the Serenity Phuoc Hai project, at a price not lower than cost. The move follows a recent VND 982.3 billion capital injection and the project's detailed planning approval.

PDR board approves divestment of its entire 99.34% stake in Serenity Investment JSC, with the deal value undisclosed but estimated at up to 3,000 billion VND. The move is part of a restructuring strategy to concentrate resources on priority projects in 2026, following a recent 900 billion VND deposit with Lotte Properties for the Thu Thiem Eco Smart City project.

Thai Thi Hanh Hai, a former Deloitte employee, has been appointed chairwoman of VinFast's manufacturing arm VFTP, replacing Le Thi Thu Thuy. The restructuring aims for VinFast to break even by 2027.