CII

PC1 faces leadership crisis as chairman Trinh Van Tuan is arrested for accounting violations and embezzlement, while CII acquires a 5.77% stake (~VND 74B) to become a major shareholder. The investment underscores CII's interest in PC1's energy infrastructure assets amid PC1's 40% stock decline since March.

CII became a major shareholder of PC1 with a 5.77% stake, investing approximately VND 74 billion on June 2, 2026. The move comes as PC1's chairman and several key executives face criminal prosecution for accounting violations and embezzlement, and PC1's stock has fallen over 40% since early March.

Foreign investors net sold VND 836 billion (USD 33.4 million) on May 12, 2026, with banking stocks bearing the brunt of selling. Individual investors absorbed the flow, net buying VND 968.8 billion. The VN-Index reversed from a 16-point loss to close up 5.6 points at 1,901, driven by rotation into mid-cap and energy stocks.

CII extends the offering period for 25 million convertible bonds (code CII425002) to June 25, 2026, raising VND 2,500 billion for the HCMC-Trung Luong-My Thuan expressway expansion project. The bonds convert at 1:8 into shares at VND 12,500 per share, with conversion in 13 tranches. The extension gives investors more time to participate in the capital raise for a key infrastructure project expected to double revenue by 2029.

Vingroup stocks (VIC, VHM, VRE) reversed sharply from intraday highs to close lower, dragging the VN-Index down 20 points to 1,895. The broad sell-off hit real estate, banking, and oil & gas sectors, while foreign investors extended their net selling streak to 13 consecutive sessions. The reversal came despite strong morning gains that pushed the index to a new record of 1,927.

Foreign investors net sold nearly VND 1,000 billion on May 5, 2026, with net sell of VND 997.5B, while domestic individuals net bought VND 760.8B. The VN-Index rose 20.79 points, almost entirely from VIC and VHM, but breadth was negative with 213 declining stocks, indicating a narrow rally.

CII has secured approval from Dong Nai Province to build a 6.2 km elevated road along National Highway 51 under a BOT contract, with total investment exceeding VND 16,400 billion (USD 656 million). The project aims to ease congestion on a key artery connecting Ho Chi Minh City and Ba Ria-Vung Tau, reinforcing CII's position in transport infrastructure.

CII seeks a 30-day extension for its VND 2,500B convertible bond issuance (CII425002) to give investors time to arrange capital, with proceeds earmarked for the HCMC-Trung Luong-My Thuan expressway expansion. The company also targets 2026 net profit of VND 225B on revenue of VND 3,720B, reflecting a conservative outlook due to real estate cycle timing.

Foreign investors unexpectedly net sold VND 1,715.8 billion (USD 68.6 million) on all three Vietnamese exchanges on April 15, 2026, with matched-order net selling of VND 1,651.9 billion. Despite the outflow, the VN-Index rose 13 points to 1,870.36, driven by Vingroup (VIC) and large banks, while most sectors declined.

VN-Index fell 0.46% on April 22, 2026, with matched order liquidity dropping 34% to VND 7,938 billion, the lowest in 11 sessions, as investors ignored the extended Middle East ceasefire. The broad-based decline, led by VIC, VHM, and HPG, signals extreme caution and a wait-and-see stance among market participants.

Foreign investors net sold VND 639B (~$25.6M) on the Vietnamese stock market on April 15, 2026, with net buying in Retail and IT sectors and net selling in Banking. Proprietary trading desks were net buyers of over VND 1,071B, primarily in Banking and Real Estate stocks. The VN-Index rose nearly 20 points to 1,837, driven by Vingroup stocks, but breadth was negative with 147 decliners versus 154 advancers.