MVN

PHP reported Q1 2026 net profit of VND 311B (+114%) on revenue of VND 745B (+29%), driven by its new deep-water berths 3&4 at Lach Huyen port. The VND 4.2T project has lifted PHP back to the top spot in Haiphong port area, with capacity now at 3.2M TEUs. A planned divestment by parent Vinalines (MVN) could improve PHP's free-float and governance.

VIMC (MVN) commits VND 13,839 billion for a 36% stake in the Can Gio International Transshipment Port joint venture with Saigon Port JSC and Terminal Investment Limited Holding S.A. The investment, described by management as a 'five-star hotel' for mega-ships, aims to position Vietnam's port infrastructure for global competition, with capital deployment split between 2026-2030 and 2031-2045 phases.

Southern Waterway Transport Corporation (SWC) has stated its major state shareholder has no divestment or issuance plan to meet public company criteria, risking delisting. This reflects a broader regulatory pressure on large-cap, state-dominated firms like VGI, GVR, MVN, ACV, TVN, BSR, BCM, PGV, GAS, and PLX, which could significantly impact market capitalization and index composition if not addressed.