DPM

DPM plans a 15% cash dividend for 2025, paying VND 1,500 per share, with record date in July 2026. The payout, totaling nearly VND 1,020B, is backed by strong H1 2026 results that exceeded targets across production and sales.

DPM declares a 15% cash dividend for 2025, exceeding the 12% approved plan, with payment expected in July 2026. The higher payout follows a strong 2025 performance where net profit doubled to VND 1,095 billion. The company's 2026 guidance is more cautious, targeting net profit of VND 680 billion.

Vietnam's fertilizer exports surged 52% in volume and 107% in value in H1 2024, driven by global supply disruptions from Middle East conflicts and export restrictions by Russia and China. DCM and DPM reported strong sales and production exceeding targets, with DCM achieving over 59% of its annual plan in six months.

Petrovietnam's H1 2026 results show consolidated revenue of VND 445.4T (+39% YoY) and crude oil output growth of 14.2%, the first increase in 11 years. The state-owned group's record performance supports its listed subsidiaries including PLX, GAS, and PVD, though global oil price risk remains a key challenge for H2.

ACB saw the heaviest net selling by proprietary trading desks on HOSE on June 10, with VND -28 billion, while foreign investors net sold VND 536 billion market-wide. The selling pressure comes despite a VN-Index recovery above 1,800 points, signaling caution among domestic and foreign institutional players.

DPM, DCM, BFC, LAS face a second wave of domestic fertilizer price hikes in 2025, with DAP and urea up 5-11% since March. Global cost pressures and rising logistics expenses support margins for producers but squeeze farmers, potentially dampening demand.

Foreign investors net sold VND 1,802 billion (USD 72 million) on May 22, 2026, the highest in three months, driving VN-Index down 1.68%. Blue-chips VIC, VHM, and MSB led the sell-off, with VIC losing 3.52% and VHM 4.88%. The selling pressure underscores persistent foreign outflow from Vietnamese equities.