BFC

BFC declares a 35% cash dividend for 2025, paying 3,500 VND per share with a record date of August 12, 2026. The payout totals over 200 billion VND, supported by Q1 2026 net profit growth of 28%.

BFC will distribute a 35% cash dividend (3,500 VND/share) for 2025, with a record date of August 12, 2026, and payment on August 28, 2026. The total payout exceeds 200 billion VND, with major shareholder Vinachem receiving about 130 billion VND. Despite a 34% drop in 2025 net profit, Q1 2026 earnings surged 41% year-on-year, partially supporting the dividend.

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.

Fertilizer stocks surged on April 29, bucking a broad market selloff that saw the VN-Index drop nearly 22 points. BFC hit the ceiling at VND 67,600, while DCM rose 5.82% to VND 42,700, supported by bargain hunting and higher global oil prices. The sector's defensive appeal and raw material cost tailwinds attracted strong buying interest.

Binh Dien Fertilizer (BFC) faces a VND 3.6 billion tax penalty and back-tax order for misdeclared expenses, while Hoang Huy Financial Services (TCH) confronts over VND 20 billion in fines and back taxes. These administrative penalties follow State Audit recommendations and come amid contrasting financial performances for the two HOSE-listed companies.