HND

VPB posts Q2 2026 pre-tax profit of VND 10,959 billion, up 76% YoY, lifting 6M profit to VND 18,880 billion (+68%). TPB, HND, PPC, and BMP also report double-digit profit growth, while OCBS leads all companies with over 4,000% earnings surge. The banking and securities sectors show robust momentum, contrasting with weaker hydropower results.

VPB reports Q2 2026 pre-tax profit of VND 10,959 billion (+76% YoY), becoming the first Vietnamese company to surpass VND 10,000 billion in quarterly earnings. The result drives 6M2026 profit to VND 18,880 billion (+68% YoY), reinforcing VPBank's leading position in the banking sector.

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.

Hai Phong Thermal Power (HND) appointed Mr. Tran Xuan Truong as Acting General Director effective June 1, 2026, following the prosecution of former CEO Duong Son Ba for forging documents. The company is also implicated in an environmental monitoring scandal. HND targets 2026 pretax profit of VND 576B (+51% YoY) and a 3% cash dividend.

Hai Phong Thermal Power (HND) announced CEO Duong Son Ba has been detained and prosecuted for forging documents of state agencies. The board appointed Chairman Ta Cong Hoan as the new legal representative effective May 21. The arrest is linked to a broader environmental monitoring scandal involving multiple thermal power plants.

Hai Phong Thermal Power (HND) disclosed that its CEO Duong Son Ba has been prosecuted and detained for allegedly forging documents of an organization, linked to a broader environmental monitoring scandal involving 74 defendants across 59 companies. The arrest raises governance and operational risks for HND, which is 51% owned by Generation Company 2 (GE2).

HND CEO Duong Son Ba has been arrested and detained on charges of forging state documents, prompting the board to immediately appoint Chairman Ta Cong Hoan as the new legal representative. The arrest is linked to a broader environmental monitoring scandal involving multiple power plants. HND shares closed at 10,700 VND on low volume.

HND CEO Duong Son Ba was prosecuted and detained on May 21, 2026, for allegedly forging documents as part of a broader environmental monitoring scandal involving multiple thermal power plants, including QTP. The scandal has already led to arrests at Quang Ninh Thermal Power (QTP). Investors should monitor legal developments and potential operational disruptions at HND and QTP.

Hai Phong Thermal Power (HND) posted H1 2026 net profit of VND 508B (+25% YoY) and revenue of VND 6,081B (+8%), despite the May arrest of CEO Duong Son Ba on document forgery charges. The company carries no debt and maintains strong operational momentum, though governance risk remains elevated.

Hai Phong Thermal Power (HND) has temporarily delegated Chairman authority to board member Doan Duc Toan following the arrest of General Director Duong Son Ba for document forgery. The move signals ongoing leadership instability at the 1,200 MW coal-fired power plant operator listed on HOSE.

Hai Phong Thermal Power (HND) appointed Mr. Tran Xuan Truong as acting CEO after former CEO Duong Son Ba was prosecuted for document forgery related to environmental monitoring violations. The company also changed its legal representative to Chairman Ta Cong Hoan. The leadership change adds governance uncertainty for the VND 6,000B equity firm.

HND CEO Duong Son Ba has been prosecuted and detained for forging documents in a sweeping environmental monitoring scandal. The arrests extend to leadership at TV1, PC1, and TV2, signaling systemic governance risks across Vietnam's energy sector. Investors should monitor legal developments and potential operational disruptions at these firms.