VND 305 Trillion in Banks: Cash Strategy Map of 6 Major Corporations
Corporate Analysis

VND 305 Trillion in Banks: Cash Strategy Map of 6 Major Corporations

Bao Viet, FPT, MWG, Petrolimex, Hoa Phat, and Vinamilk collectively deposited over VND 305 trillion in banks by end of 2025. But as Vietcombank cuts rates from April 13, who stands to lose the most?

Minh Quân·
Hoa Phat Invests VND 10 Trillion in High-Speed Rail, HPG Stock Up 38%
Corporate Analysis

Hoa Phat Invests VND 10 Trillion in High-Speed Rail, HPG Stock Up 38%

Hoa Phat becomes the first Southeast Asian company to manufacture high-speed railway rails, betting on Vietnam's $67 billion mega-project. A data-driven look at the opportunity and risks.

Minh Quân·
DatVietVAC Prepares IPO, Valued at $800 Million
Corporate Analysis

DatVietVAC Prepares IPO, Valued at $800 Million

The conglomerate behind Anh Trai Say Hi and Rap Viet posted VND 3,235 billion in revenue and plans to list in 2026. What should investors evaluate?

Minh Quân·
ACB sets 22,274 bn profit, 20% dividend, shares still fall 1%
Corporate Analysis

ACB sets 22,274 bn profit, 20% dividend, shares still fall 1%

ACB's April 9 AGM delivered a heavyweight 2026 plan: 22,274 bn profit target, 20% dividend, capital raise to 58,044 bn, and a new non-life insurance arm. The stock still fell with the banking sector — a technical pause or a warning?

Minh Quân·
Rates Up 1%: Listed Firms Face Extra VND 34 Trillion Bill
Corporate Analysis

Rates Up 1%: Listed Firms Face Extra VND 34 Trillion Bill

With VND 3.39 quadrillion in outstanding debt across HOSE-HNX, each percentage point of rate hike means VND 34 trillion in extra interest. Who pays, who wins?

Minh Quân·
Banks Race to Raise Capital in AGM Season 2026
Corporate Analysis

Banks Race to Raise Capital in AGM Season 2026

LPB surged 6.96% against a falling market on its 30% stock dividend plan. A look at the numbers to separate banks raising capital from strength versus those doing it out of obligation.

Minh Quân·
GEX Surges 5% as Market Corrects: 2026 Plan Actually Up 19%
Corporate Analysis

GEX Surges 5% as Market Corrects: 2026 Plan Actually Up 19%

The market 'corrects itself' after realizing GELEX's 2026 profit plan is actually 19% higher than the 2025 plan, with a record 53% distribution package and GELEX Electric booming.

Minh Quân·
Vincom Retail Posts Record 6,446B VND Profit, but 2026 Target Is Lower
Corporate Analysis

Vincom Retail Posts Record 6,446B VND Profit, but 2026 Target Is Lower

VRE reported record 2025 profit driven by the Vincom NCT asset sale, yet core earnings grew moderately. The 2026 plan reveals a strategic pivot toward sustainable rental income.

Minh Quân·
VHM Hits Ceiling Price Twice, Record $1B Dividend: Four Risks to Consider
Corporate Analysis

VHM Hits Ceiling Price Twice, Record $1B Dividend: Four Risks to Consider

Vinhomes surged after its 2026 AGM with a 50,000 billion VND profit target and a record ~$1 billion cash dividend, but foreign investors net-sold nearly 1,000 billion VND in just 3 sessions.

Minh Quân·
Q1/2026 Earnings: VPBank Surges 62%, Sacombank Drops 31%
Corporate Analysis

Q1/2026 Earnings: VPBank Surges 62%, Sacombank Drops 31%

The Q1/2026 earnings season reveals deep divergence across Vietnam's banking sector. VPBank leads profit growth while Sacombank stands as the only bank in decline.

Minh Quân·
VCB Issues 1 Billion Bonus Shares, the Race to VND 100 Trillion Begins
Corporate Analysis

VCB Issues 1 Billion Bonus Shares, the Race to VND 100 Trillion Begins

Vietcombank plans to issue over 1 billion bonus shares and establish a subsidiary at VIFC, while VPBank, MB, and VietinBank all target VND 100 trillion in charter capital.

Phương Nam·
Vingroup Targets Record 25,000 Billion VND Profit, Vinhomes Carries the Ecosystem
Corporate Analysis

Vingroup Targets Record 25,000 Billion VND Profit, Vinhomes Carries the Ecosystem

Vingroup unveils a 450,000 billion VND revenue target and 25,000 billion VND profit plan for 2026. The paradox: Vinhomes alone targets 50,000 billion in profit — double the consolidated figure.

Minh Quân·
Gelex Targets Record VND 45T Revenue, Profit Down 21.8%
Corporate Analysis

Gelex Targets Record VND 45T Revenue, Profit Down 21.8%

Gelex AGM 2026 approves record revenue but declining profit, elects CEO as Chairman and appoints a 32-year-old new CEO. Strategic sacrifice or overextension?

Minh Quân·
SSI Raises Capital to VND 30 Trillion as Securities Firms Race Ahead of FTSE
Corporate Analysis

SSI Raises Capital to VND 30 Trillion as Securities Firms Race Ahead of FTSE

Vietnamese securities firms are collectively raising VND 77.8 trillion in capital, expanding margin capacity ahead of Vietnam's FTSE Emerging Market upgrade in September 2026.

Minh Quân·
Foreign Investors Accumulate VND 935B in MSN: Three Drivers Behind the Buying Streak
Corporate Analysis

Foreign Investors Accumulate VND 935B in MSN: Three Drivers Behind the Buying Streak

Amid broad market sell-offs by foreign investors, Masan Group stood out with nearly VND 935 billion in net foreign buying during March. The numbers point to three key drivers: earnings beating expectations, MCH's foreign ownership cap raised to 100%, and the CEO's personal commitment.

Minh Quân·