Stock Market

Non-performing loans are a dark cloud hanging over the banking industry, directly impacting profitability and dragging down stock valuations. In this context, the legalization of Resolution 42 has provided a robust legal framework for dealing with bad debt, serving as a catalyst for the revaluation of bank stocks.

"Billionaire Pham Nhat Vuong tops Vietnam's stock market wealth rankings with a staggering net worth of VND 184,223 billion. His wealth approximates the combined fortunes of the next eight richest individuals."

Most of the group's units have met their targets.

The VCBS Securities Company forecasts that Vietnamese stocks need more time to accumulate points and will continue to fluctuate in the July 1st session.

"The Vietnamese stock market witnessed a remarkable surge with the VN-Index reaching a 3-year peak, largely driven by the impressive performance of the Vingroup conglomerate's stocks, which have been on a strong upward trajectory since the beginning of the year."

"Mr. Nguyen Van Thien, Chairman of the Xuan Thien Group, is planning to purchase 50 million privately placed shares, amounting to a substantial investment of 500 billion VND. This significant move by the prominent businessman underscores his confidence in the company's prospects and growth trajectory."

The securities services that will be subject to VAT include custody fees for securities such as stocks, bonds, and debt instruments; as well as fees for blocking securities as collateral.

Mrs. Nguyen Ngoc Linh has been appointed as the new CEO of DNSE Joint Stock Securities Company, effective July 1st, 2025. The announcement was made by the DNSE Board of Directors, who expressed their confidence in her ability to lead and navigate the company towards success.

The experts at Yuanta predict a likely scenario of a tariff regime based on a good's origin, with rates ranging from 10% to 15%.

The recent introduction of a new value-added tax law has led to a stir in the stockbrokerage community. With a 10% tax rate now applicable to certain previously exempt securities operations, brokerages are having to adjust their service fee structures accordingly. This has sparked a wave of announcements from brokerages, notifying their clients of the impending changes.