The Ho Chi Minh City Stock Exchange (HOSE) has recently announced the list of securities ineligible for margin trading in Q4/2025.
The newly released list comprises 63 stocks, including several familiar names under warning or special control such as APH, ASP, BCG, CMX, DLG, DQC, FDC, HVN, LDG, OGC, NVT, PTL, SMC, TDH, TLH, TMT, TTF, VNE, and VMD.

Some stocks were excluded from margin trading due to being listed for less than six months, including VPL, TAL, CCC, and FUETPVND.
Poor business performance also led to the exclusion of companies with negative net profit reported in audited/reviewed financial statements, such as C32, DAH, HAP, GIL, SAV, TSC, VNG, VOS, and VTO.
Additionally, the FUEKIV30 ETF (KIM Growth VN30 Fund) was included in the Q4 margin cut list due to its net asset value (NAV) per unit falling below par value for three consecutive months, as per monthly NAV reports.
Under current regulations, investors cannot use margin credit facilities provided by securities firms to trade these 63 ineligible stocks.
Foreign Investors Continue Sell-Off: Which Stocks Faced the Heaviest Dumping in Session 2/10?
Foreign investors’ trading activity has been a notable drawback, as they engaged in significant net selling across all three major exchanges.
Cà Mau Province Authorities to Auction Shares of Local Environmental Enterprise
On September 30th, the Ho Chi Minh City Stock Exchange (HOSE) announced the opening of registration for auction agents to participate in the sale of nearly 536,000 shares held by the People’s Committee of Ca Mau Province in Ca Mau Environment and Urban Joint Stock Company (Camenco). The expected scale of this auction is over 10 billion VND.