On September 25, 2025, HD Cryptocurrency Asset Trading Joint Stock Company (HDEX) was established with an initial charter capital of 200 billion VND.
HD Securities JSC (HDS), in which HDBank holds a 30% stake, recently sought shareholder approval for a plan to issue 365 million shares to existing shareholders to increase its charter capital to over 5.1 trillion VND. Notably, HD Securities plans to invest 1.47 trillion VND in a cryptocurrency asset trading platform named HD Cryptocurrency Asset Trading JSC. This move will be executed after the company raises its charter capital to 10 trillion VND.
However, in its latest announcement, HD Securities JSC has disclosed a Board Resolution to halt the implementation of the share issuance plan to existing shareholders for capital increase. The reason cited is the company’s alternative plan related to share issuance for capital augmentation.
Earlier in October, HDBank successfully issued $50 million in international green bonds to the International Finance Corporation (IFC).
Also in October, HDBank’s Board of Directors approved a resolution on October 27 authorizing Vikki Bank to purchase debt from HDBank.
On October 10, as part of the first Vietnam Private Economic Panorama Program (ViPEL 2025), a cooperation agreement was signed between the People’s Committee of Ho Chi Minh City and Sovico Group for the development of the Metro Line 4 project (Dong Thanh – Hiep Phuoc Urban Area).
Previously, in June 2025, Sovico Group proposed to study the investment in Metro Line 4, stretching from the former Hoc Mon District to the Hiep Phuoc Urban Area in the former Nha Be District. The total length of the line is approximately 47.3 km, including over 25 km underground and nearly 22 km elevated. The line will feature 37 stations and two depots, one in Dong Thanh and another in Hiep Phuoc.
On October 26, 2025, Vietjet launched a new route connecting Kuala Lumpur, Malaysia, with Da Nang, Vietnam, marking the third route between the two countries.
On October 28, Vietjet and the University of Oxford announced the results of their Net Zero research initiative for global aviation, during the official visit of General Secretary To Lam to the United Kingdom.
During the same visit, General Secretary To Lam participated in the launch of the Oxford Pioneer Scholarship Scheme at the University of Oxford. Dr. Nguyen Thi Phuong Thao contributed £13.7 million to the Pioneer Scholarship Fund, which will provide long-term study and research opportunities for outstanding postgraduate students, particularly from Vietnam.
From October 13 onwards, Vietjet’s stock (VJC) and the assets of billionaire Nguyen Thi Phuong Thao have set new records.
By the close of trading on October 31, VJC shares were priced at 187,000 VND per share, a 40% increase since October 13.
According to Forbes’ real-time rankings as of October 31, Nguyen Thi Phuong Thao’s net worth reached $4.4 billion, placing her 931st globally.
Today’s Crypto Market, October 30: What Happens to Bitcoin as Gold Prices Plummet?
Amidst the sharp decline in gold prices to $3,915 per ounce, the investment landscape is witnessing a notable shift in capital flows.
Vietjet Orders 100 Airbus A321neo Aircraft
On October 30th, Vietjet finalized a landmark deal to purchase 100 A321neo aircraft during Vietnamese General Secretary To Lam’s official visit to the United Kingdom.
Vietjet Reports Robust Q3 2025 Growth, Declares 20% Stock Dividend
Vietjet Aviation Joint Stock Company (HoSE: VJC) has announced its Q3 2025 business results, showcasing robust growth and achieving 97% of its annual plan. This performance underscores the airline’s strong recovery and continued expansion post-pandemic.
HDBank Surpasses 14,800 Billion VND in 9-Month Profit, Maintains Lead in Profitability Ratios, Dividends, and Bonus Shares Up to 30%
HDBank (HDB), Ho Chi Minh City Development Joint Stock Commercial Bank, reported a consolidated pre-tax profit of VND 14,803 billion for the first nine months of 2025, marking a 17% increase year-on-year. The bank’s profitability metrics remain at the forefront of the industry, with a return on equity (ROE) of 25.2% and return on assets (ROA) of 2.1%, underscoring its operational efficiency and robust financial foundation.
Cryptocurrency Assets in Vietnam: A Beginner’s Opportunity Like ‘Starting First Grade’
“Our greatest concern at present is the issue of human resources. When the resolution was issued, Vietnam’s digital asset market was largely spontaneous. Tens of millions of participants entered the market, most of whom lacked foundational experience or understanding of this field. We recognize that the risks in this area are significant,” said Mr. Phan Đức Trung, Chairman of the Vietnam Blockchain and Digital Asset Association.
