The HCMC People's Committee will transfer four companies to Saigon Industry Corporation and cut its stake in Becamex IDC (BCM) from 95.44% to above 65% before 2030, as the firm does not meet public company criteria. In the week of 12–16 October, the VN-Index fell 29.18 points to 1,705.91, and foreign investors net sold over 3,136 billion VND across the market. HoSE moved TTF shares into a trading restriction from 21 October for late submission of its reviewed half-year financial report, and the company posted a first-half net loss of 270 billion VND. Becamex BCE (ticker BCE) signed construction contracts with Becamex IDC worth over 2,943 billion VND in total.
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Original headline: TPHCM sắp thoái vốn tại nhiều doanh nghiệp
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