PDV Logistics Officially Lists on HOSE

On the morning of November 19th, Phuong Dong Vietnam Transportation and Logistics Joint Stock Company (PDV Logistics, HOSE: PDV) officially listed and began trading over 66 million PDV shares on the Ho Chi Minh City Stock Exchange (HOSE). With an opening price of VND 12,450 per share, PDV’s market capitalization reached VND 823 billion.

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Mr. Ho Si Thuan, Chairman of the Board of Directors of PDV, emphasized that the official listing on the HOSE exchange marks a significant milestone in the company’s comprehensive fleet restructuring efforts.

With our existing strengths and development momentum, the HOSE listing will provide PDV with additional opportunities to enhance its business scale, management capabilities, and transparency. This will ensure sustainable growth, increase shareholder value, and maximize benefits for our investors,” added Mr. Thuan.

PDV leadership rings the bell at the listing ceremony

Prior to joining HOSE, PDV had traded on the UPCoM market for over 8 years. The HOSE listing was executed in accordance with the Board Resolution dated October 21, 2024, following the roadmap approved by shareholders during the Annual General Meetings of 2022, 2023, and 2024. The company aims to complete the listing process between 2024 and 2025 to improve liquidity and expand access to capital.

Established in 2007, PDV is a subsidiary of PV Trans (HOSE: PVT), which holds nearly 52% of its shares.

In 2024, PDV achieved record-breaking financial results with revenue exceeding VND 1.362 trillion and net profit surpassing VND 224 billion. In the first nine months of 2025, PDV Logistics reported a net profit of nearly VND 49 billion, equivalent to 55% of its annual target.

Phuong Chau

– 10:04 19/11/2025

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