Tag: Hai Phat Invest Joint Stock Company

The Board of Directors of Hoa Binh Construction Group Joint Stock Company (UPCoM: HBC) has approved the removal of Mr. Le Van Nam from his position as Chief Executive Officer, effective October 31, 2025.

Despite third-quarter revenue more than doubling year-over-year, HQC's net profit reached only nearly VND 9 billion, a 17% decline due to the absence of recorded profits from business collaborations. After nine months, the company has achieved just one-quarter of its annual profit target.

As of November 1st, several new policies come into effect, including a regulation requiring all money transfers to be reported to the Anti-Money Laundering Agency.