The Government Inspectorate has announced an inspection of waste prevention and control in managing land and property, along with joint ventures, capital contributions and divestments at Handico (Hanoi Housing Investment and Development Corporation), under Decision No. 961/QĐ-TTCP. The inspection period covers 1 January 2019 to 31 December 2025, with a deadline of 30 working days from the announcement, and a 10-member team led by Trương Khánh Hải, Deputy Head of Department IV. Deputy Chief Inspector Nguyễn Thanh Tuấn said the inspection is part of the 2026 work plan and should not disrupt Handico's production and business operations, and he asked the city and Handico to provide accurate, properly approved documents. Handico, established in September 1999, has developed Hanoi projects including Handico Tower, Diamond Flower Tower and Hà Nội Center Point.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Thanh tra hoạt động liên doanh, góp vốn, thoái vốn tại Handico
Keywords
real estatestate-owned enterprisesdivestment
Open a keyword to see other news on the same topic.
Related news
- HCMC set to divest stakes in several companies
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.
- Blackstone's Profits Fell, but Its Stock Rose 4%. Here's What Dividend Investors See
Blackstone reported lower profit as higher rates, inflation and a choppy market slowed dealmaking and investment exits, yet its shares rose 4.04% in early trading. The article explains that asset managers such as Blackstone, Franklin Templeton and Invesco pay dividends from fees on assets under management, so market rallies can lift payouts. Blackstone has no fixed dividend and pays about 85% of distributable earnings each quarter; its latest $1.29 payment reflects a payout of about 84.9% of distributable earnings of $1.52 per share, or about 117.5% of trailing GAAP earnings. With a 4.88% yield and the stock down 23.77% this year, the article warns that income depends on realizations and the $1.29 dividend could be followed by a smaller one.
- SMC Sets Record Date for Issuing Nearly 37 Million Shares to Existing Shareholders
SMC has set November 2, 2026 as the last registration date for existing shareholders to exercise rights to buy over 36.8 million new shares at VND 10,000 each, at a 2:1 ratio. Subscription and payment run from November 6 to 26, 2026, and rights transfers from November 6 to 21; SMC expects to raise over VND 368 billion, of which VND 168 billion will repay loans and VND 200 billion will settle supplier debts. The board also agreed to extend bond SMCH2126002 (VND 113.45 billion) by one year to October 8, 2027, with approval from its sole holder, Hanwa Co., Ltd. Separately, SMC completed the transfer of its 100% stake in Công ty TNHH MTV Tân Tạo on September 30, 2026, so SMC Tân Tạo is no longer a subsidiary.
- BSR estimates record 9-month profit, reveals plan to divest state capital
BSR estimates 9-month revenue of VND164,500 billion, up 80% and 7% above its full-year plan; profit attributable to parent shareholders reached VND22,900 billion, 10.6 times the same period last year, driven by high crack spreads. In Q3 alone, revenue was VND59,900 billion, up 70%, and profit was VND6,900 billion, down 9% from the previous quarter but 7.7 times the year-earlier level. Management forecasts 2027 crack spreads of US$18-27 per barrel, lower than 2026 as shipping through the Strait of Hormuz gradually stabilises. For divestment, BSR aims to complete the state stake sale before 11 March 2027, with at least 2.13% of shares to be sold via public auction; Vietcap says progress is consistent with completion in the first half of 2027.
- Breaking: Government Inspectorate Announces Inspection of Dam Phu My Fertilizer (DPM)
The Government Inspectorate announced on October 21 in Hanoi an inspection of compliance with laws on the import, export, production and distribution of chemicals and fertilizers at PetroVietnam Fertilizer and Chemicals Corporation – JSC (PVFCCo, Dam Phu My, ticker DPM). Under Decision No. 955/QĐ-TTCP, the inspection covers 1/1/2023 to 30/9/2026 and must be completed within 30 working days by a 16-member team led by Đỗ Anh Tuấn. It aims to objectively assess compliance, identify achievements, shortcomings and violations, determine responsibilities, and identify policy gaps to recommend legal improvements. The company's board and CEO must provide documents promptly, and the Vietnam National Industry-Energy Group is asked to direct its representatives to cooperate. The same day, the Inspectorate also announced inspections of the Vietnam Civil Aviation Authority (2021–2025) and Handico (2019–2025), with Handico's review covering waste prevention in managing its land and property.
- HCMC keeps state capital ratio unchanged at 11 companies
The HCMC People's Committee has approved a plan to restructure state capital in enterprises for 2026-2030. The city will keep its state capital ratio unchanged at 11 companies, including the HCMC State Investment Finance Company, Saigon Water Supply Corporation, Saigon Industry Corporation and Saigon Zoo and Botanical Garden One-Member Co., Ltd. The city will restructure 60 companies: the state's ownership in Becamex will fall from 95.44% to above 65%, 51 companies will be merged or have their shareholder representation rights transferred, mostly to general corporations, and 8 will be dissolved or declared bankrupt.
Related markets
Latest news
- Now is the time to accumulate bitcoin, Galaxy says
Alex Thorn, head of firmwide research at Galaxy Digital, argues the bitcoin bear market ended in June, when prices bottomed below $58,000, and that bitcoin is now in an accumulation phase like those before past rallies. He cites a recovery above the 50-week moving average after 44 weeks below it, along with five straight weekly closes above that level. Net long exposure from asset managers through CME bitcoin futures has fallen 57% from the record-high week, while spot bitcoin ETFs added 87,000 BTC after the June low. Bitcoin traded near $80,000, about 35% below its record high of over $126,000. Galaxy warns that a weekly close below $76,540 without recovery within a month would challenge its technical outlook.
- Down 30% or More for the Year, Are Any of These Top Cryptocurrencies Worth Buying Right Now?
The article reviews three cryptocurrencies that are down 30% or more this year: XRP, Dogecoin and Shiba Inu. The author sees XRP, with a market cap of about $82.4 billion and ties to Ripple and its RLUSD stablecoin, as worth a small speculative position, though any boost to token demand from network activity is hard to predict. Dogecoin (market cap about $13.5 billion, down about 34% this year) and Shiba Inu (market cap just under $3 billion, down about 31%) are described as lacking clear technical advantages, and the author does not see either as a suitable choice at this time.
- West Red Lake Gold Reports Q3 2026 Production and Continued Operational Momentum at the Madsen Mine
West Red Lake Gold reported Madsen Mine gold production of 7,859 ounces in Q3 2026, bringing year-to-date output to 22,102 ounces, with September the strongest month since the mine restarted at 3,320 ounces. Mining rates were affected by industry-wide shortages of skilled underground labour and harder-than-expected extraction of remnant pillars, while the mill averaged about 867 tpd. A secondary crusher was commissioned during the quarter, supporting processing of up to 1,000 tpd, and specialized contractors were added to support underground work. The company cut its 2026 Madsen guidance to 27,000–32,000 ounces from 35,000–45,000 ounces, and expects to release its Integrated Madsen and Rowan Pre-Feasibility Study in the coming weeks.
- Meet the Stocks Yielding 65%, 45%, and 41% Annually for Warren Buffett's Berkshire Hathaway
Berkshire Hathaway is now led by Greg Abel after Warren Buffett retired as CEO on Dec. 31 and stepped down as chairman in mid-September, with the company holding a $368 billion investment portfolio. Coca-Cola, American Express and Moody's, held since 1988, 1991 and 2000 respectively, generate yields on Berkshire's cost basis of 65%, 45% and 41%, compared with current market yields of 2.22%, 1.17% and 0.84% as of Oct. 22. The article attributes these high yields to patience and low cost bases, with annual dividends of $2.12, $3.80 and $4.12 per share. It also cites a Hartford Funds and Ned Davis Research study finding dividend payers averaged a 9.2% annual return from 1973 to 2025, versus 4.21% for non-payers.
- This Rock-Solid Dividend ETF Could Be a Better Option Than Tracking the S&P 500
The Schwab U.S. Dividend Equity ETF (SCHD) focuses on quality dividend stocks with sustainable payouts and strong fundamentals relative to peers. The fund holds just 12% in technology, while consumer staples, healthcare and energy make up 55% of its portfolio, giving it diversification and fairly low volatility. It offers a yield of 3.2%, well above the S&P 500 average of approximately 1.1%, and charges an expense ratio of just 0.06%. The fund has also returned around 30% this year, outperforming the market, before factoring in its dividend.
- Elon Musk Reveals the Real Reason He Hasn't Confirmed a SpaceX-Tesla Merger Will Happen
Speculation about a possible SpaceX-Tesla merger keeps growing, and for many investors it is a question of when, not if. Musk has not confirmed the deal because of regulatory risk, describing the topic as “tap dancing through a minefield” while saying there is “a lot of merit” in combining the companies. He says special committees have been formed to consider a merger, but he cannot take part as a “conflicted party,” and shareholders would need to approve any deal. The article suggests an announcement could come soon, but regulatory review would likely take much longer, and since both stocks are already highly valued, an announcement may not push either share price much higher in the short term.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.