PAN

PAN Group (PAN-HOSE) held its 2026 AGM, announcing a 2026 consolidated revenue target of VND 18,000 billion (up ~2%) and net profit target of VND 1,780 billion (up 53%), focusing on operational efficiency over growth at any cost.

PAN Group's AGM approved a 30% cash dividend for 2026, the highest rate in 18 years, and proposed a 20% stock dividend, following strong Q1 2026 profit growth after the sale of Bibica.

PAN Group (PAN) reported Q1 2026 net profit of VND 1,094 billion, a 40-fold increase year-on-year, reaching 87.5% of its full-year profit target in a single quarter. The surge was driven by VND 1,235B in financial revenue, primarily from dividends and capital gains related to Bibica.

PAN Group plans to pay a 30% cash dividend in 2026 and targets a 53% profit increase, while also proposing to add real estate to its business lines.

Philippines' record rice imports and strong global demand, coupled with domestic supply constraints, have led to a sharp increase in Vietnamese rice prices and export volumes in Q1/2026, with Vietnam remaining the largest supplier to the Philippines.

The Vietnamese government has extended the suspension of Decree 46, a controversial food safety regulation, beyond its April 15th deadline. This decision is a significant relief for businesses, preventing potential disruptions in agricultural trade and production caused by the decree's impractical requirements.

Vietnam's Ministry of Agriculture and Environment is drafting regulations to define green projects and ESG standards, allowing businesses to self-assess for eligibility for green loan interest rate support. This policy aims to promote sustainable growth across sectors like renewable energy, EVs, and sustainable agriculture.

PAN Group targets a 53% increase in consolidated after-tax profit for 2026, reaching 1,780 billion VND, partly due to the Bibica divestment. The company also plans to expand its business into real estate, marking a strategic shift.