According to a decision issued on October 17, a company was fined 92.5 million VND for failing to disclose a series of mandatory documents, including: audited financial reports, annual reports, corporate governance reports for the years 2022-2024, along with documents and resolutions from shareholder meetings from 2023 to 2025.
Vinaconex 34, formerly known as Hoá Lạc High-Tech Park Infrastructure Development JSC, was established in 2000 and was once a subsidiary of Vietnam Construction and Import-Export JSC (Vinaconex, HOSE: VCG). In 2004, Vinaconex 34 was equitized, renamed as it is today, and listed on the HNX since 2010 with a charter capital of 40 billion VND.
However, VCG completely divested from Vinaconex 34 in 2012, ending all ownership, management, and operational relationships. In July, VCG issued a statement affirming that Vinaconex 34 is no longer a subsidiary or affiliate, and noted that they had repeatedly requested the company to stop using the “Vinaconex” brand in its name and transactions, but to no avail.
VCG argues that Vinaconex 34’s continued use of the “Vinaconex” brand violates industrial property rights and causes public confusion, impacting the parent group’s reputation.
“We have sent numerous documents requesting Vinaconex 34 to change its company name without using the Vinaconex brand, and Vinaconex 34 has committed in writing to stop using the Vinaconex brand by December 31, 2022 at the latest. However, despite further requests, Vinaconex 34 has not fulfilled its commitment,” stated VCG‘s announcement, adding that they are pursuing legal procedures to halt the infringing actions.
 Excerpt from VCG‘s announcement. Source: VCG
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– 6:21 PM, October 17, 2025
Vinaconex Appoints Two New Deputy General Directors
Vinaconex has officially announced the appointment of Mr. Lê Văn Huy and Mr. Nguyễn Hải Đăng as Deputy General Directors.
The Hidden Waves of Change: Unveiling the New Era of Cat Ba Amatina
In just a few days, a significant chunk of Vinaconex Tourism Development & Investment Joint Stock Company (VCR) shares on UPCoM exchanged hands, finding their way to new owners. The company, plagued by consistent losses for over a decade, saw its stock surge in value early this year, with a remarkable rally starting in June that took it to a 3-year high of VND47,300 per share on July 28.
“Q2’s Big Win: Vinaconex and Industry Giants Invest in the Nearly 20-Trillion Dong Highway Project”
Vinaconex reports a remarkable surge in net profit for the second quarter of 2025, reaching nearly VND 309 billion, an impressive over-threefold increase compared to the same period last year. Alongside this impressive financial performance, the company has also ventured into a significant investment, committing funds towards the development of a nearly VND 20,000-billion highway project.
Technical Analysis for the Session Ending December 2nd: A Market Story of Diverging Fortunes
The VN-Index and HNX-Index both climbed during the morning session, even as trading volume dipped slightly. This indicates a cautious sentiment among investors, who appear to be weighing their options carefully.
Is Vinaconex Pulling Out of the Cat Ba Amatina Project?
At the 2024 Vinaconex Annual General Meeting of Shareholders, the company’s leaders affirmed that they would continue to invest in Cat Ba Amatina and would not withdraw from this project.
