REE

Proprietary trading desks of securities companies net sold 360 billion VND on HOSE on June 1, 2026, with SHB the most sold stock at -29 billion VND. Foreign investors also net sold 634 billion VND across the market, adding to negative sentiment. The selling pressure contributed to a 1.02% drop in the VN-Index to 1,844.54 points.

REE and Novaland are among several Vietnamese real estate companies transitioning leadership to the next generation. REE's founder Nguyen Thi Mai Thanh steps down as chair, with her son Nguyen Ngoc Thai Binh becoming CEO; Novaland's founder Bui Thanh Nhon hands chairmanship to his son Bui Cao Nhat Quan. The moves signal a strategic shift toward professionalizing management while retaining family influence.

REE completed a 15% stock dividend issuance of 81.2 million shares, lifting charter capital to over VND 6,200 billion. Concurrently, CEO Ashok Ramachandran and Chairwoman Nguyen Thi Mai Thanh resigned, with Nguyen Ngoc Thai Binh appointed as new CEO and Lee Liang Whye as Chairman, signaling a leadership transition.

VIC, NVL, and REE have announced simultaneous leadership changes, with VinFast appointing Pham Nhat Quan Anh as chairman, Novaland transitioning to Bui Cao Nhat Quan, and REE chairman Nguyen Thi Mai Thanh resigning after 30 years. These moves signal generational transitions and strategic realignments at major Vietnamese listed companies.

REE Corporation (REE) announces a leadership transition effective July 10, 2026: founder Nguyen Thi Mai Thanh steps down as Chairwoman, succeeded by Lee Liang Whye (representing foreign shareholder Platinum Victory), while her son Nguyen Ngoc Thai Binh is appointed General Director. The move signals a generational shift at the industrial conglomerate, with the founder remaining as CEO to ensure stability.

REE (HOSE) undergoes a major leadership transition: CEO Ashok Ramachandran resigns effective May 31, 2026, and Chairwoman Nguyen Thi Mai Thanh steps down from July 10, 2026, to comply with governance rules after her son Nguyen Ngoc Thai Binh is appointed CEO. The new Chairman is Lee Liang Whye, representing foreign shareholder Platinum Victory. The changes signal a generational shift while retaining strategic continuity through Mai Thanh's continued role as Chair of the Strategy Committee.

REE Chairwoman Nguyen Thi Mai Thanh resigned on May 15 to comply with Vietnam's Enterprise Law after her son, Nguyen Ngoc Thai Binh, was appointed General Director. Mr. Lee Liang Whye, representing major shareholder Platinum Victory, will succeed her as Chairman. The leadership change aims to ensure governance compliance while maintaining strategic continuity.

REE (HOSE) announces Chairwoman Nguyen Thi Mai Thanh will resign effective July 10, 2026, replaced by Platinum Victory representative Lee Liang Whye, while her son Nguyen Ngoc Thai Binh becomes General Director. The move complies with corporate governance rules prohibiting family ties between CEO and board members. REE reported Q1 2026 net profit of VND 714B (+17% YoY).

REE (HOSE) announces a comprehensive leadership transition effective July 2026. CEO Ashok Ramachandran resigns, replaced by Nguyen Ngoc Thai Binh (son of Chairwoman Nguyen Thi Mai Thanh), who also steps down as Chair, succeeded by Lee Liang Whye from major shareholder Platinum Victory. The changes aim to ensure legal compliance and generational handover while maintaining strategic continuity.

VietinBank (CTG) reported Q1/2026 pre-tax profit of VND 11,139 billion, up 63% YoY, leading a mixed earnings season. While MB (MBB) rose 15% and Vinpearl (VPL) surged 987%, Eximbank (EIB) saw a 59% decline. The results highlight divergent performance across banking, real estate, and consumer sectors.

FPT receives the largest net buying of 7.2 million shares in the semi-annual rebalancing of the VNDiamond, VN30, and VNFinlead indices, effective May 4, 2026, driven by a technical adjustment raising its market cap weight limit to 80.5%. In contrast, VPB is sold the most at 4.1 million shares, while KDH is placed on the removal watch list for VNDiamond due to insufficient foreign ownership limit.

Foreign investors net sold VND 4,690.2 billion (USD 187.6 million) in the week before the holiday, with net sell on order matching of VND 3,419.9 billion. The selling was concentrated in banking stocks and FPT, while domestic individuals and institutions absorbed the supply. The VN-Index rose 1.99% but liquidity declined, suggesting the rally was narrow and driven by VIC and VHM.

VSH sets May 14, 2026 as record date for a 5% cash dividend (VND 500/share), completing the 35% total payout for 2025. The company will disburse over VND 118.1 billion, with major shareholders REE (52.58%) and PGV (30.55%) receiving VND 62.1 billion and VND 36.1 billion respectively. However, VSH forecasts 2026 revenue of VND 1,886.5 billion (-19.7%) and net profit of VND 583.8 billion (-32.3%), signaling a sharp earnings contraction.

Proprietary trading desks at Vietnamese securities firms unexpectedly net sold VND 1,183 billion on HOSE on April 22, a session when the VN-Index rose 1.3%. The largest net selling was in FUEVFVND (-VND 285B), VSC (-VND 233B), MWG (-VND 166B), STB (-VND 126B), and VIC (-VND 88B), while foreign investors also net sold VND 108 billion across the market. This sudden reversal by proprietary desks signals caution among domestic institutional traders despite the market rally.