Oct 30, 2026
Full Analysis
Negative
earnings miss
Quốc Cường Gia Lai (QCG) swung to a Q3 net loss of nearly VND 7B from a VND 24B profit a year earlier, as revenue fell roughly 80% to VND 27B after hydropower divestments removed electricity income. Nine-month profit still reached nearly VND 175B, but only on VND 243B of one-off other income.
Oct 29, 2026
Full Analysis
Negative
earnings miss
Quoc Cuong Gia Lai (QCG) swung to a roughly VND 7B net loss in Q3/2026 from a VND 24B profit a year earlier, with revenue down 76% to about VND 27B as apartment handovers slowed and hydropower plant transfers wound down. Nine-month profit still reached nearly VND 174B, roughly five times the 2025 level, while Nguyen Thi Nhu Loan returned as CEO.
Oct 18, 2026
Full Analysis
Mixed
capital raise
Quoc Cuong Gia Lai (QCG) has approved bank borrowing and credit facilities of up to VND 1,500 billion (~USD 60 million), reversing a stance it publicly defended only months earlier, and re-appointed Nguyen Thi Nhu Loan as CEO from 12 October. The company still needs more than VND 1,471 billion to redeem the Bac Phuoc Kien project, and auditor UHY has repeated going-concern warnings.
Oct 15, 2026
VnEconomy - Chứng khoán
Mixed
sector sentiment
Oct 15, 2026
Full Analysis
Positive
leadership change
Nguyen Thi Nhu Loan returned as CEO of Quoc Cuong Gia Lai on 12 October 2026, and QCG hit its ceiling for two straight sessions, lifting the value of her 37.05% stake by VND 137B to VND 1,121B. The rally follows her reduced sentence in the 39-39B Ben Van Don land case, but QCG remains down over 27% year-to-date with VND 1,471B in unresolved financial obligations at Bac Phuoc Kien.
Oct 15, 2026
Full Analysis
Positive
leadership change
Nguyen Thi Nhu Loan returned as CEO of Quoc Cuong Gia Lai on 12 October 2026, and QCG hit its ceiling for two straight sessions, lifting the value of her roughly 37.05% stake by VND 137 billion to VND 1,121 billion. The rally leaves the HOSE-listed shares still more than 27% below their start-of-year level.
Oct 15, 2026
Full Analysis
Positive
leadership change
QCG shares hit the ceiling for a second straight session, closing at 11,000 dong and lifting market cap above VND 3,000 billion, after Nguyen Thi Nhu Loan returned as CEO following a reduced sentence in the Ben Van Don land case. Her son Nguyen Quoc Cuong stepped down after two years running the HOSE-listed developer.
Oct 14, 2026
Full Analysis
Positive
leadership change
Nguyen Thi Nhu Loan has returned as CEO of Quoc Cuong Gia Lai (QCG) after more than two years, and the stock closed limit-up at 10,300 VND on 14 October, adding roughly VND 65 billion to the value of her 37.05% stake. The move reverses the leadership structure installed in July 2024, when her son took over following her prosecution in the 39-39B Ben Van Don land case.
Oct 14, 2026
Full Analysis
Positive
leadership change
Quoc Cuong Gia Lai (QCG) shares hit the 10,300 VND ceiling after Nguyen Thi Nhu Loan returned as CEO and legal representative, replacing her son Nguyen Quoc Cuong. The stock has recovered roughly 75% from its 2024 arrest-driven slump, with market capitalization now near VND 2,800 billion.
Oct 14, 2026
Full Analysis
Neutral
leadership change
Nguyen Quoc Cuong has stepped down as legal representative of Quoc Cuong Gia Lai (QCG, HOSE), with his mother Nguyen Thi Nhu Loan returning as CEO after two years. Cuong will focus on his independently owned C-Holdings, which is expanding from Da Nang into Ho Chi Minh City, Vung Tau and Ho Tram.
Oct 14, 2026
Full Analysis
Positive
leadership change
Nguyen Thi Nhu Loan has returned as CEO of Quoc Cuong Gia Lai (QCG), replacing her son Nguyen Quoc Cuong after a court reduced her sentence to 11 months and 18 days of non-custodial reform and deemed it served. QCG shares hit the 10,300 VND ceiling on the news, with sell-side liquidity briefly drying up.
Oct 13, 2026
Full Analysis
Neutral
leadership change
Quoc Cuong Gia Lai (QCG) has reinstalled founder Nguyen Thi Nhu Loan as CEO, replacing her son Nguyen Quoc Cuong after two years, and moved its registered headquarters to Gia Lai province. The handover follows the reduction of her sentence to 11 months 18 days of non-custodial reform, deemed fully served.
Oct 13, 2026
Full Analysis
Neutral
leadership change
Nguyen Quoc Cuong (Cuong Do La) has stepped down as CEO of Quoc Cuong Gia Lai (HOSE: QCG) after two years, with his mother Nguyen Thi Nhu Loan returning to the role. In a farewell letter to shareholders, Cuong conceded results fell short of expectations, leaving restructuring and balance-sheet repair as the board's immediate priorities.
Oct 13, 2026
Full Analysis
Neutral
leadership change
Nguyen Quoc Cuong has stepped down as CEO of Quoc Cuong Gia Lai (HOSE: QCG) after two years, with his mother Nguyen Thi Nhu Loan returning as legal representative and CEO. In a public farewell letter he conceded results fell short of shareholder expectations and urged continued restructuring.
Oct 13, 2026
Full Analysis
Neutral
leadership change
Nguyen Thi Nhu Loan has returned as CEO of Quoc Cuong Gia Lai (HOSE: QCG), replacing her son Nguyen Quoc Cuong, days after a Hanoi appellate court cut her sentence to 11 months and 18 days of non-custodial reform, which she has now served. She remains QCG's largest shareholder with 37.05% of capital.