中文

HDG

₫15,000
+0.00% 2026-10-30 · Close
AI Composite Signal
5.5 / 10
Neutral — 5-signal composite
Mkt Cap
7.8T
₫7.8T
P/E
8.6
P/B
0.9
ROE
10.7%
ROA
6.2%
EPS
2.2K
Price Chart
What matters now

HDG (HDG) is a company in Vietnam's Real Estate sector, listed on HOSE. The stock last traded at 15,000 VND, little changed on the session, giving a market capitalization of 7.8 trillion VND.

On valuation, HDG trades at a price-to-earnings ratio of 8.6 and a price-to-book of 0.9. That is a discount to the Real Estate sector average P/E of 66.2. Return on equity of 10.7% points to modest profitability relative to the company's equity base. Trailing earnings per share stand at 2,188 VND.

Aveluro tracks 43 news items mentioning HDG, where recent coverage skews mixed (33% of articles). The most recent catalyst was a legal action event — "Ha Do Group (HDG) Fined VND 3B by Hanoi Tax Department for VAT, CIT Violations". Aveluro's composite model rates HDG 5.5/10 (Neutral), blending news sentiment, price momentum, and fundamentals.

Comparable names in the Real Estate sector include AAV, AGG and API.

Latest catalyst

Ha Do Group (HDG) Fined VND 3B by Hanoi Tax Department for VAT, CIT Violations

Recent Developments

Recent developments around HDG include 5 notable classified events. On Oct 19, 2026, a market event was reported: Ha Do Group (HDG) must pay just over VND 3B in back taxes, fines and late-payment interest after the Hanoi Tax Department found VAT and corporate income tax misdeclarations plus two invoices issued at the wrong time. On Oct 19, 2026, a market event was reported: Ha Do Group (HDG, HOSE) must pay more than VND 3 billion in back taxes, penalties and late-payment interest after Hanoi Tax Department found VAT and corporate income tax declaration errors and two invoices issued at incorrect times. On Sep 25, 2026, a market event was reported: Ho Chi Minh City's Task Force 1645 agreed on 25 September to issue pink books for built houses at Ha Do Group's (HDG, HOSE) 112-lot Cat Lai residential project, where only 6 certificates exist today. On Sep 22, 2026, a market event was reported: Ha Do Group (HDG) is acquiring the last 1% of Binh Gia Wind Power from two executives, taking full ownership of the VND 610.5B registered-capital project company. On Sep 21, 2026, a market event was reported: Vietnam's VN-Index gained 1.14% to 1,815.66 in the Sep 14-18 week, with HOSE turnover up 24% to roughly VND 19 trillion per session.

The overall tone of recent coverage is negative, with 2 of 5 events carrying bearish sentiment.

AI Signal Breakdown
Bearish Neutral Bullish
5.5 / 10
Neutral
Sentiment
-1.00
Impact
1.00
Momentum
-0.35
Fundamentals
+0.70
Volume
0.43
Sentiment 30% · Impact 20% · Momentum 20% · Fundamentals 15% · Volume 15%
News Sentiment
43
Articles Analyzed
Mixed 14
Negative 14
Positive 11
Neutral 4
Recent News
Oct 19, 2026 Full Analysis Negative legal action
Ha Do Group (HDG) must pay just over VND 3B in back taxes, fines and late-payment interest after the Hanoi Tax Department found VAT and corporate income tax misdeclarations plus two invoices issued at the wrong time. The penalty itself is small at roughly VND 480M, but the order requires payment within 10 days and signals closer scrutiny of real-estate developers' tax filings.
Oct 19, 2026 Full Analysis Negative legal action
Ha Do Group (HDG, HOSE) must pay more than VND 3 billion in back taxes, penalties and late-payment interest after Hanoi Tax Department found VAT and corporate income tax declaration errors and two invoices issued at incorrect times. The company has 10 days from receipt of the decision to settle, with the late-interest figure calculated through 30 September 2026.
Sep 25, 2026 Full Analysis Positive regulation change
Ho Chi Minh City's Task Force 1645 agreed on 25 September to issue pink books for built houses at Ha Do Group's (HDG, HOSE) 112-lot Cat Lai residential project, where only 6 certificates exist today. The decision covers six commercial housing projects and targets the city's long-running backlog of unregistered homebuyers.
Sep 22, 2026 Full Analysis Neutral stake change
Ha Do Group (HDG) is acquiring the last 1% of Binh Gia Wind Power from two executives, taking full ownership of the VND 610.5B registered-capital project company. Separately, Finland's Pyn Elite Fund bought 1 million HDG shares on 4 September 2026, lifting its stake from 9.8% to 10.04%.
Sep 21, 2026 Full Analysis Mixed sector sentiment
Vietnam's VN-Index gained 1.14% to 1,815.66 in the Sep 14-18 week, with HOSE turnover up 24% to roughly VND 19 trillion per session. Money concentrated in banking names BVB, SSB, VPB and BID plus HNX oil & gas plays PVC, PVS, PPT and PVG, while real estate, construction and securities liquidity split sharply.
Sep 18, 2026 Full Analysis Positive sector sentiment
Vietnam formally entered FTSE Russell's Secondary Emerging Market category on 21 September 2026, with 90 Vietnamese names added to the Micro Cap group out of 117 new FTSE GEIS constituents. BSI, FTS, MBS and SHS sit on that list, which the research desk treats as a 12-24 month revaluation watchlist rather than an ETF flow trade.
Sep 15, 2026 Full Analysis Positive stake change
Pyn Elite Fund bought 1 million HDG shares on 4 September 2026, lifting its stake in Ha Do Group to 10.04% from 9.8% at an estimated cost of VND 17.5B. The accumulation follows H1 2026 net profit of VND 386.2B, up 64.9% year-on-year, though HDG has since drifted to VND 15,850.
Sep 14, 2026 Full Analysis Mixed sector sentiment
PVT and PVP saw trading volume more than double week-on-week as oil & gas and plastics became the only Vietnamese sectors attracting money in the Sep 7-11, 2026 session block. VN-Index fell 3% to 1,795.2 and HNX-Index dropped 3.5% to 272.7, with real estate and securities flows split and construction lightly drained.
Sep 08, 2026 Full Analysis Mixed earnings beat
HDG's audited H1 2026 net profit jumped 86% to over 386 billion VND, driven by real estate cost adjustments, yet the company provisioned nearly 937 billion VND for receivables, including over 804 billion VND from EVN related to two solar projects facing pricing issues. The profit boost is largely accounting-related, while the energy segment carries significant regulatory risk.
Related Stocks — Real Estate
Stock Analysis

By Aveluro Research Team · Editorial policy · Caveat: Not investment advice. · How Aveluro computed this

Information provided for educational purposes only. Past performance does not guarantee future results. Data sourced from public Vietnamese market feeds.

Last updated: 2026-10-30T21:57:17Z.