PDR

STB was the most sold stock by proprietary trading desks on July 17, with net selling of VND 78 billion, as part of a broader VND 479 billion sell-off by proprietary desks on HOSE. Foreign investors also net sold approximately VND 690 billion across the market, adding to selling pressure on Vietnamese equities.

PDR reallocates VND 145.6 billion from its rights offering to working capital, with nearly 70% used to repay loans including VND 41B to Chairman Nguyen Van Dat and VND 60B to Vinh Loi. The move signals a defensive cash flow strategy amid real estate sector pressures.

Foreign investors unexpectedly net bought nearly VND 1,400 billion (~$55.4 million) on HOSE on July 10, 2026, with strong buying in Real Estate and Food & Beverage stocks, notably VIC and VNM, while selling Banking stocks. The VN-Index fell 12.36 points to 1,828.34 amid low liquidity, but foreign buying provided a partial offset.

PDR secures a VND 8,835B loan from MB Bank to fund a 35% stake in the Lotte Eco Smart City mega-project in Thu Thiem, with total investment of VND 60,000B. The deal marks PDR's entry into a prime downtown HCMC development, financed via debt and asset divestments.

PDR is asking shareholders to approve a VND 10,400 billion ($416 million) acquisition of a 35-50% stake in Lotte Properties HCMC, the developer of the Thu Thiem Eco Smart City project. The company has already placed a VND 900 billion deposit. The deal would give PDR a major foothold in Ho Chi Minh City's premier new urban area.

PDR is seeking shareholder approval to buy a 35% stake in LOTTE PROPERTIES HCMC for VND 10,400 billion (USD 416 million), marking a concrete step into the Thu Thiem Eco Smart City. The move follows a MoU signed two weeks prior and is part of PDR's strategy to shift from restructuring to growth, leveraging prime HCMC real estate.

PDR's subsidiary Cao Oc Binh Duong plans to transfer its entire 99.9% stake in Cao Oc Hoa Phu for at least VND 3,000 billion (USD 120M). Separately, PDR approved the transfer of its 99.34% stake in Serenity Investment, developer of the Serenity Phuoc Hai project. These moves signal PDR's strategy to divest non-core assets and raise capital.

PDR is accelerating portfolio restructuring by transferring its 99.9% stake in Hoa Phu for at least VND 3,000 billion, following the Serenity transfer, to focus resources on strategic projects in Ho Chi Minh City, including the Thu Thiem Eco Smart City partnership with Lotte Group.

PDR has approved the transfer of its entire 99.34% stake in Serenity Investment, the subsidiary holding the Serenity Phuoc Hai project, at a price not lower than cost. The move follows a recent VND 982.3 billion capital injection and the project's detailed planning approval. Investors should monitor the transaction's completion and impact on PDR's asset base.

PDR board approves divestment of its entire 99.34% stake in Serenity Investment JSC, with the deal value undisclosed but estimated at up to 3,000 billion VND. The move is part of a restructuring strategy to concentrate resources on priority projects in 2026, following a recent 900 billion VND deposit with Lotte Properties for the Thu Thiem Eco Smart City project.

Multiple Vietnamese real estate companies including Vinhomes (VHM), Phat Dat (PDR), Dat Xanh (DXG), and DIC Corp (DIG) are issuing new shares to raise capital amid falling stock prices and tight credit conditions. The moves, totaling over VND 5,500 billion, aim to address liquidity needs and fund projects but risk diluting existing shareholders.

PDR has deposited 900 billion VND to acquire a 35% stake in the Thu Thiem Eco Smart City project, partnering with Lotte Properties HCMC. The deal positions PDR in one of Ho Chi Minh City's most ambitious urban developments, but hinges on city approval for foreign investor participation.

Vietnam real estate companies increased total debt to approximately VND 300 trillion by end-Q1 2026, while aggregate revenue surged 210% YoY to VND 76 trillion, driven by VHM and NVL. Gross profit margin recovered to 48.1%, near 2021 peaks, signaling improved pricing power in the high-end segment.

MSB was the most sold stock by foreign investors in the last week of May, with net selling of VND 1,756 billion, contributing to a total foreign net outflow of VND 5,118 billion across the market. The selling pressure pushed VN Index down 0.73% to 1,863.49 points, highlighting persistent foreign divestment from Vietnamese equities.