TV2 (PECC2) shares rose to the daily ceiling of 27,850 VND per share, up nearly 7%, in the October 28 afternoon session, with almost 1 million shares traded, about 5 times the previous session and the highest in five months. On May 21, 2026, the company disclosed that the Investigation Police Agency under the Ministry of Public Security had prosecuted former Chairman Nguyễn Chơn Hùng and chief accountant Bùi Thị Ngọc Lý for embezzlement of assets, in a case involving National Power Transmission Corporation, PC1 Group and related companies; nearly a month later, Phạm Liên Hải was appointed Chairman for the 2026-2031 term. In Q3 2026, net revenue rose more than 103% to over 517 billion VND, and after-tax profit exceeded 61 billion VND, more than 4.5 times the year-earlier level. For the first nine months, revenue reached about 1,199 billion VND, up nearly 56%, and after-tax profit of over 163.3 billion VND already exceeded the 2026 full-year profit target of 100 billion VND, while revenue was about 50% of the 2,503 billion VND target. The article does not give a specific cause for the share price rise.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Cổ phiếu doanh nghiệp vừa có lãnh đạo bị khởi tố bất ngờ “cháy hàng”, chuyện gì đây?
Keywords
Open a keyword to see other news on the same topic.
Related news
- Nguyễn Như Hoàng Tuấn Arrested, Company Reports Q3 Revenue Nearly Halved
TV3 (EVNPECC3) reported third-quarter 2026 net revenue of over 66 billion VND, down 42% year on year, while net profit fell only about 4%, helped by lower management expenses and over 5 billion VND in financial income. For the first nine months, net revenue was nearly 147 billion VND, down 34%, and net profit was about 12 billion VND, roughly flat. Earlier, on June 9, 2026, TV3 disclosed that investigators had arrested Chairman Nguyễn Như Hoàng Tuấn, CEO Lạc Thái Phước and Chief Accountant Phạm Hoàng Vinh pending detention, in an expanded investigation involving EVNNPT and PC1. The company reshuffled its leadership, with Trần Quốc Điền temporarily overseeing the board and Trần Lê Minh acting as Acting CEO from June 15, 2026.
- EVN's 2025 electricity production cost is more than 5% lower than its selling price
EVN reported that its 2025 electricity production and business cost averaged about 2,092.7 VND per kWh, roughly 5% below the average retail price of 2,204.07 VND per kWh (excluding VAT) applied since May 10, 2025. Power generation made up nearly 83% of the total cost of 601,680 billion VND, though the article notes the gap does not directly reflect actual profit per kWh because the retail price applies from May while costs are calculated for the full year. EVN has cleared its accumulated losses on a consolidated basis after losing about 50,029 billion VND in 2022-2023, but the parent company still had accumulated losses of about 5,611 billion VND. In the first eight months, revenue exceeded 482,000 billion VND and estimated profit reached 12,215 billion VND, and the group expects a full-year profit above 13,500 billion VND. At the September government meeting, Prime Minister Lê Minh Hưng directed that electricity prices not be raised in the final months of 2026.
- EVN's 2025 electricity production cost is nearly 2,093 VND per kWh
EVN reported total electricity production and business costs of 601,680 billion VND in 2025, equal to a unit cost of 2,092.7 VND per kWh on commercial output of 287.51 billion kWh, about 5% below the average retail price of 2,204.07 VND per kWh applied since 10/5/2025. Power generation accounted for nearly 83% of costs at 498,363 billion VND, followed by distribution and retail at 78,993 billion VND and transmission at over 22,141 billion VND. The article notes the gap does not directly reflect actual profit per kWh, since the average retail price dates from May while unit cost covers the full year. EVN has cleared its consolidated accumulated losses, though the parent company still carried a loss of about 5,611 billion VND, and in the first eight months revenue exceeded 482,000 billion VND with profit estimated at 12,215 billion VND. Prime Minister Le Minh Hung has directed that electricity prices not be raised in the final months of 2026.
- After Lê Việt Cường's Arrest, Company Reports Q3 Profit Doubling Year-on-Year
Quảng Ninh Thermal Power JSC (QTP) reported Q3 2026 sales revenue of about 2,815 billion VND, up roughly 37%, and profit after tax of nearly 76 billion VND, about 2.3 times the same period last year. Gross profit rose nearly 45% to over 93 billion VND, financial income climbed from nearly 8 billion to over 26 billion VND, and management expenses fell from 28 billion to about 23 billion VND. For the first nine months, net revenue exceeded 9,173 billion VND (up about 17%), profit before tax reached nearly 750 billion VND and profit after tax 600 billion VND, both up about 51%, with EPS of 1,332 VND per share. The results follow the February 23, 2026 arrest of Deputy General Director and board member Lê Việt Cường for investigation of allegedly forging documents, and the company has since appointed Nguyễn Công Kiên and Dương Thành Công as deputy general directors. QTP shares rose nearly 5% to 11,300 VND on October 22.
- Apple urges Vietnam to refine direct power purchase mechanism
Apple has asked the Vietnamese government to further refine the direct power purchase mechanism (DPPA) to help suppliers shift to clean energy, in a meeting on Oct. 27 with Permanent Deputy Prime Minister Pham Gia Tuc. A late-2023 survey by the Ministry of Industry and Trade found about 20 large companies wanting to buy power directly, with total demand of nearly 1,000 MW, while 24 renewable projects totaling 1,773 MW wanted to sell via DPPA. So far, only Samsung Thái Nguyên (SEVT) and the TTC Đức Huệ 2 solar plant have put the mechanism into practice under Decree 57/2025. Apple also asked for relief on contractor tax, customs procedures and high-tech investment support.
- Deputy PM gives EVN a new directive to urgently complete one task before 1/11/2026
Deputy Prime Minister Nguyễn Văn Thắng chaired a meeting on petrol and electricity price management scenarios and asked EVN to urgently review its costs and maximise savings to prepare a plan for a lower average retail electricity price from 01/11/2026 to 31/3/2027. The Ministry of Industry and Trade will assess EVN's proposal and escalate matters beyond its authority. The Ministry of Finance, working with the Ministries of Industry and Trade and Justice, is tasked with reviewing the legal basis, authority and feasibility of cutting the special consumption tax on all types of petrol to 0% over the same period, with a report due before 1/11/2026.
Related markets
Latest news
- Alphabet, Microsoft to report; Fed decision ahead - what's moving markets
U.S. stock futures were mixed ahead of a run of key tech earnings and a Federal Reserve rate decision, with Nasdaq 100 futures up 0.6% and Dow futures down 0.2% at 04:02 ET. Alphabet and Microsoft lead the post-market earnings slate, while South Korea's SK Hynix reported third-quarter operating profit up 632% from a year earlier to 83.33 trillion won, above Bloomberg estimates of 77.5 trillion won. The chipmaker plans to return a total of 100 trillion won to shareholders this year, and its shares jumped over 10% in Seoul. The Fed is tipped to keep rates unchanged after its first hike since 2023 in September, though there is currently a three-in-four chance of another hike at its December meeting. Analysts expect close scrutiny of Fed Chair Kevin Warsh's press conference, though he has long resisted giving forward guidance.
- Bitcoin has soared 50% on average after midterms. The S&P 500 has gained 15%.
According to CoinDesk data, bitcoin rose an average of 53.7% in the 12 months after the past three U.S. midterm elections, excluding 2010, while the S&P 500 has averaged a 15.17% gain in the year after midterms since 1950, according to Hartford Funds. The article notes that bitcoin's four-year halving cycle may better explain those rallies, since its bear markets played out in midterm years: 2014, 2018, 2022 and now 2026. Ahead of the Nov. 3 midterms, a Democratic takeover of at least one chamber of Congress could intensify disputes over federal debt, defense spending and President Donald Trump's crypto ties, though markets have largely priced in divided government. Bitcoin is trading around $80,000 after bouncing more than 35% from below $60,000 in June.
- Vietnamese tycoon selling iPhones is lending VND 100 billion to billionaire Pham Nhat Vuong's company
Digiworld (DGW) reported third-quarter 2026 net revenue of VND 11,022 billion, up 49%, and after-tax profit of over VND 278 billion, up 65%. For the first nine months, revenue reached VND 26,796 billion and after-tax profit reached VND 789 billion, double the same period last year. The company has completed about 85% of its full-year revenue plan and exceeded its after-tax profit target of VND 660 billion by nearly 20%. Its securities investments, however, posted a net loss of nearly VND 8 billion from settled trades, and the cost of its stock portfolio fell over 74% from the start of the year to nearly VND 200 billion. Digiworld held over VND 695.8 billion in bank and corporate bonds at September 30, including more than VND 100.4 billion in bonds from Cần Giờ Urban Tourism JSC, a Vingroup subsidiary, at 10.5% annual interest maturing on November 6, 2026.
- 2 Popular AI Stocks to Sell Before They Drop 57% and 60%, According to Wall Street Analysts
Brent Thill at Jefferies has set an $80 target price for Palantir (PLTR), implying 60% downside from its current $199 share price, and argues its valuation does not make sense despite 93% revenue growth in the second quarter. Palantir trades at 78 times sales, the highest in the S&P 500, while most analysts' median target price is $223 per share. Mehdi Hosseini at Susquehanna has set a $15 target price for Super Micro Computer (SMCI), implying 57% downside from $35. The article highlights governance and export-control risks, after federal prosecutors charged three individuals with conspiring to divert $2.5 billion in AI servers to China, and notes Super Micro trades at 11 times earnings.
- MSFT Dips Premarket Ahead Of Q1 Report: Analysts Expect Azure Acceleration As Management Faces Questions On Massive Employee Buyout
Microsoft (MSFT) stock dipped 0.4% in premarket trading ahead of its fiscal first-quarter report after the close, though it trades near an all-time high. Analysts expect revenue to rise 17% to $90.74 billion and adjusted profit to increase 14% to $4.72 per share, with focus on Azure growth (43% in fiscal Q4 FY26) and capex plans of more than $50 billion in the quarter. The company recently announced a voluntary exit plan, for which around 60,000 people, or about 27% of its 223,000-person workforce, are eligible according to media reports, and management may face questions on it on the analyst call. At least three brokerages raised price targets this week, and 54 of 57 analysts rate the stock Buy or higher, with an average target of $605.12, implying 14% upside from Tuesday's close.
- Securitize adds Stellar blockchain as institutional tokenization gathers steam
Tokenization platform Securitize (SECZ) has added Stellar to the blockchains it supports, alongside Ethereum, Solana and Avalanche. The move was announced at Meridian 2026, the Stellar Development Foundation's annual conference in Portugal. Securitize says Stellar is fast and scalable, and that decentralized assets on it can be configured for KYC, clawbacks and sanctions compliance. Franklin Templeton runs a tokenized money market fund on Stellar, and MoneyGram moves money across it daily. Stellar went public on the New York Stock Exchange in July, and its shares rose as high as $13.70 on the first day of trading.
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.