EVS

MWG (Mobile World Group) attracted the largest net foreign buying of VND 206 billion on July 20, even as the VN-Index dropped 44 points and foreign investors overall net sold VND 86 billion across the market. The buying interest in MWG contrasts with heavy net selling in VCB, STB, and VPB, suggesting selective foreign allocation toward retail amid the broad sell-off.

VPB reported Q2 2026 pre-tax profit of VND 10,959B, up 76% YoY, bringing H1 total to VND 18,880B (+68%). TPBank (TPB) also posted solid growth with Q2 profit of VND 2,562B (+26%). Among other names, PPC saw a 1,019% profit surge from a low base, while securities firms like BVS, VIX, and CTS reported sharp declines. The mixed results highlight divergent sector performance.

Everest Securities (EVS) reported a record Q2/2026 net profit of 195 billion VND, reversing a Q1 loss of 157 billion VND, driven by proprietary trading gains of 278 billion VND. The stock hit its ceiling price for two consecutive sessions, reaching 6,400 VND. The result far exceeds the full-year profit target of 6 billion VND, but sustainability depends on proprietary trading performance.

EVS reported Q2 2026 pre-tax profit of VND 243 billion, reversing a VND 9 billion loss a year ago, driven by a 13x surge in FVTPL gains. Among nine securities firms reporting, TCBS led with VND 2,097 billion in Q2 profit, while NESC remained marginally loss-making. The results signal a broad sector recovery, though profitability remains concentrated among larger players.

EVS Securities (HNX: EVS) reported a record Q2 2026 net profit of VND 195 billion, reversing a Q1 loss of VND 157 billion, driven by proprietary trading gains. The stock hit its ceiling price on the announcement. The result underscores the volatility of earnings tied to trading books.

VIX Securities (VIX) reported Q1 2026 net profit of VND 138B, a 63% year-on-year decline, marking its lowest quarterly profit in five quarters. The primary driver was a VND 82B loss in proprietary trading, reversing a VND 330B profit from the same period last year, amid a challenging market where the VN-Index breached the 1,600-point level. Concurrently, EVS Securities (EVS) posted a net loss of VND 157B, becoming the sector's heaviest loss-maker for the quarter.

EVS Securities (EVS) reported a Q1 pre-tax loss of nearly VND 197 billion, the deepest loss in the Vietnamese securities sector, driven by a 91% drop in operating revenue to just VND 8 billion while costs surged over threefold. The company targets a full-year 2026 pre-tax profit of only VND 7.4 billion, implying a sharp recovery is needed.

SSI posted Q1 2026 pre-tax profit of VND 1,593 billion, a 52% year-on-year increase, securing the top spot among Vietnamese securities firms. The broader sector saw total pre-tax profit rise ~21% YoY to over VND 9,642 billion, with VPS and TCBS also joining the trillion-VND profit club, while EVS reported a significant loss of nearly VND 200 billion.

EVS Securities posted a VND 197B pre-tax loss in Q1 2026, a sharp reversal from a VND 18B profit in Q1 2025, driven by a 91% revenue drop and a tripling of operating costs. This marks the first major loss reported in Vietnam's securities sector for the quarter, highlighting severe operational stress amid sector-wide volatility.

NBB, TCW, and EVS received administrative fines totaling VND 643 million from the State Securities Commission for violations including inadequate disclosure, bond capital usage reporting, and related-party transactions. NBB's fine of VND 262.5 million relates to undisclosed transactions with related parties, highlighting governance risks.

EVS Securities (EVS) was fined VND 290 million by the State Securities Commission for three violations, including employing an unlicensed brokerage department head and providing inconsistent trading data. The fine, while small, highlights regulatory compliance risks for the brokerage.

EVS reported a record quarterly net profit of nearly 195 billion VND in Q2 2026, reversing a loss of over 157 billion VND in Q1, driven by proprietary trading gains. The stock hit its ceiling price for two consecutive sessions, reaching 6,400 VND per share. The result far exceeds the full-year profit target of 6 billion VND.

40 Vietnamese securities companies posted aggregate net profit of nearly VND 7,600 billion in Q1 2026, the lowest in four quarters, with 17 out of 40 firms reporting losses or declines. Proprietary trading losses and narrowing margin lending spreads drove the weakness, highlighting the sector's vulnerability to market volatility and competitive pressure.

The Vietnamese securities sector (40 firms) reported total profit of nearly 7,600 billion VND in Q1 2026, the lowest in four quarters, with 17 out of 40 companies posting losses or declines. Proprietary trading losses and margin lending margin compression were the main drags, with EVS alone losing 157.5 billion VND. The results highlight the risk of aggressive proprietary trading strategies amid geopolitical volatility.