VPBank’s stock (ticker: VPB) soared to its daily limit on May 14th, reaching a one-month high of 18,900 VND per share.
A surge in trading volume saw nearly 80 million shares traded by 2:15 pm, with foreign investors net buying approximately 15 million shares worth nearly 280 billion VND.
This upward momentum for VPB occurred amidst a strong market recovery, with the VN-Index surpassing the 1,300-point threshold.
Additionally, VPBank announced that May 15th would be the ex-dividend date for a 5% cash dividend, equivalent to 500 VND per share. The payment date is expected to be May 23rd, with a total dividend payout of nearly 3,967 billion VND for over 7.93 billion outstanding shares.
For the first quarter of 2025, VPBank reported consolidated operating income of nearly 15,600 billion VND, a 16.1% increase year-over-year. Consolidated pre-tax profit reached 5,015 billion VND, a 20% rise compared to the previous year. As of the first quarter of 2025, VPBank’s consolidated total assets exceeded 994,000 billion VND.
Beyond financial updates, VPBank grabbed investors’ attention by announcing the VPBank K-Star Spark in Vietnam 2025, an international music festival featuring G-Dragon, a renowned artist from South Korea and a member of the legendary group Big Bang. The event will take place on June 21, 2025, at My Dinh National Stadium in Hanoi.
Just an hour after announcing G-Dragon’s presence, VPBank revealed another headliner, CL, the “Queen of K-pop” and former leader of 2NE1. CL (birth name: Lee Chae-rin, born in 1991) is a famous singer, rapper, and songwriter formerly of YG Entertainment, with a massive fan base in Vietnam.
The addition of these two superstars will undoubtedly excite millions of Vietnamese fans who grew up with the music of BIGBANG and 2NE1, making the event a memorable trip down memory lane.
The festival will also feature DPR IAN, a unique independent artist with a cinematic style, TEMPEST, a rising group dominating Asian charts, and tripleS, a Gen Z girl group with a distinct concept that is creating a new wave in the industry.
Tickets for the music festival will go on sale on May 20, 2025, with an exclusive pre-sale period for VPBank VISA cardholders. VPBank is also the official payment partner for the event.
“A Coal Company’s Cash Dividend Payout: Rewarding Investors with a 400% Windfall”
With a share price of just VND 700, the company pays a dividend of VND 2,810 per share in cash.
The VN-Index Surges Past 1,300: Investors Rush to Take Profits as Foreigners Buy in Unprecedented Numbers, Netting Nearly VND 2,500 Billion.
Foreign investors today bought a net $97.7 million, with a net buy of $103.6 million in matched orders alone.
“Gelex Electric Ventures into Tech with a New Subsidiary”
Introducing the newly established subsidiary, Gelex Technology Limited, with a chartered capital of VND 50.84 billion. Gelex Electric, a key contributor, invested nearly VND 25.93 billion, acquiring a 51% stake in the company.
“Harec Building Owner Locks in 30.5% Dividend Yield.”
The Harec Investment and Trading JSC (UPCoM: HRB), owner and operator of the prestigious Harec Building in Hanoi, has announced the record date for shareholders to receive cash dividends for the year 2024. Shareholders on record as of May 21st, 2025, will be eligible to receive this dividend payment.
The Foreigners’ Net Buying Surge: A Record High Since the Year’s Start
The domestic stock market continued its upward trajectory today (May 13th), with the VN-Index inching towards the 1,300-point mark. Bank stocks painted the town green, providing a significant boost to the overall market. Foreign investors recorded their strongest net buying session since the start of the year.
