The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank, stock code HDB) reported consolidated pre-tax profit of VNĐ14.8 trillion (US$562.4 million) for the first nine months of 2025, a 17 per cent increase from the same period last...
This trend, characterised by significant fundraising activities through stock issuance and initial public offerings (IPOs), highlights the ambitious strategies of various securities firms.
Q2 2025 earnings show a clear split among securities firms, with TCBS, SSI, and VIX posting strong growth, while FPTS, HSC, and Vietcap suffered sharp profit declines.
The proposal to impose a 20 per cent tax on profits from securities trading and capital transfers is included in the draft of the revised Personal Income Tax Law, which is currently being consulted on by the Ministry of Finance...
Companies that reported strong profit growth also found their stock prices languishing, moving in accordance with overall market trends rather than their individual performance.
By November 21, SSI had successfully distributed a total of 150.9 million shares, increasing its outstanding shares to over 1.96 million and boosting its charter capital to nearly VNĐ19.64 trillion.
Making the market ever more attractive has been distinctly illustrated by the elimination of the pre-funding requirement for foreign investors before placing orders.
The project is a follow-up to the ''Enhancing Capacity to Improve Equity and Transparency of the Vietnamese Stock Market'' project conducted by JICA from 2019 to 2023.