Enterprise

In October, the newly-appointed Chairman of the 911 Corporation offloaded over 600,000 NO1 shares, amounting to more than 2.5% of the company's capital.

In August 2024, Becamex IDC, listed on the Ho Chi Minh Stock Exchange (HOSE: BCM), successfully raised 1 trillion VND (approximately $43 million) through a bond issuance, increasing its total bond debt to over 13.2 trillion VND (roughly $567 million).

The State Securities Commission has imposed an administrative penalty on CIC39 JSC (HOSE: C32), fining the company VND 150 million for disclosing misleading information.

The company, which dominates the Vietnamese asphalt market, has reported a 106% growth in profits for Q1 2025. However, this surge only brings them back to where they were two years ago, following a significant dip in fortunes last year.

In its 2024 audited semi-annual financial report, Casumina (HOSE: CSM), a leading rubber industry company, revealed a remarkable performance with a net profit of 41 billion VND, despite a decline in revenue. This impressive feat, doubling their profits from the previous year, can be attributed to a multitude of favorable factors that the company has skillfully navigated.

The challenge of AI integration in business goes beyond mere implementation; the bigger hurdle lies in equipping employees with the skills to harness AI's potential effectively.

At the congress, Vincom Retail's shareholders also elected Mr. Nguyen Hoai Nam as a member of the Board of Directors to replace Ms. Thai Thi Thanh Ha and Ms. Le Mai Lan, who resigned.

The Central Bank is drafting a circular on debt restructuring to provide credit institutions with additional means to support individuals and businesses affected by the recent storm and flood disaster. However, experts argue that the nature of debt remains unchanged, and without effective measures, it could turn into bad debt within a year or two. Instead of merely postponing payments, the government should implement a debt freeze mechanism for severely affected customers.

Peace Securities Joint Stock Company (HNX: HBS) has set August 28th as the record date for shareholders to approve the discharge and election of additional members to the Board of Directors and Supervisory Board for the 2023-2028 term, as well as to approve a cash dividend for 2023. With these notable developments on the horizon, HBS stock has been on a strong upward trajectory in recent days.

The Dak Lak Rubber Joint Stock Company (Dakruco, UPCoM: DRG) has received information that the Investigation Police Agency (CSDT) of Dak Lak Province has initiated criminal proceedings against Mr. Bui Quang Ninh - Member of the Board of Directors and General Director of DRG.