Thanh Cong Securities (TCSC, ticker TCI) appointed Ms. Lưu Thị Việt Hà as Deputy General Director effective 2 Nov 2026, until replaced by a further document. In Q3 2026, total revenue was nearly 63.2 billion dong, down 40.8% year on year, with FVTPL gains accounting for about 34.8 billion dong of that. Total expenses rose 41.8% to 56.2 billion dong, mainly because financial costs increased by 40.6 billion dong after a 32.7 billion dong provision reversal in Q3 2025. After-tax profit fell 89.8% to 5.5 billion dong, and on 20 Oct 2026 the company sold 50,200 TAB shares of Freco Việt Nam to rebalance its portfolio, lowering its stake from 12.2147% to 11.4423%.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Chứng khoán Thành Công bổ nhiệm Phó Tổng Giám đốc
Keywords
Open a keyword to see other news on the same topic.
Related tickers and likely impact
VNINDEX
• NeutralRelevance: low
| Market | Vietnam stocks |
|---|---|
| Close on 11/03/2026 | 1,699.62 |
| Change that session | -0.65% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Tax Reform Strategy 2026-2030
The Ministry of Finance has issued Decision No. 3151/QĐ-BTC on the 2026-2030 tax system reform plan, aimed at aligning tax policies with international good practice and meeting resource needs for the 2021-2030 socio-economic development strategy. By 2030, the target is to mobilize at least 18% of GDP into the state budget, striving for 20%, with tax and fee revenue at about 14-15% of GDP and domestic revenue targeted at about 87-88% of total state budget revenue. Measures include widening the tax base to cover the digital economy, e-commerce, cross-border transactions and digital assets, narrowing exemptions and reductions that are no longer suitable, and revising key laws on VAT, corporate income tax, special consumption tax and personal income tax. The plan also aims to simplify tax rules and enhance the transparency and fairness of the tax system.
- Foreign investors’ net selling since Vietnam’s market upgrade raises alarm
Since FTSE Russell upgraded Vietnam to secondary emerging market status on September 21, foreign investors have net sold nearly VND 30,000 billion on HoSE over about a month and a half, with only 3 of 32 trading sessions seeing no net selling, and year-to-date net selling reached nearly VND 121,000 billion as of November 3. The VN-Index has dropped more than 116 points (over 6%) since the upgrade, while average HoSE trading value has fallen to about VND 13,000 billion per session, one-third of a year earlier, as domestic cash flow stays thin amid high interest rates. The article remains optimistic on long-term prospects, citing stable macroeconomics, rising corporate earnings and a P/E near 12, and says foreign inflows could reverse soon.
- Over 21,000 billion VND poured into IPOs: More quality supply for the stock market
Six IPOs since early 2026 (DMX, HPA, LPS, HGI, F88 and DVV) have raised more than 21,000 billion VND in total. Điện Máy Xanh (DMX) raised over 13,300 billion VND, and although it did not sell all its shares (subscriptions reached 93% of the offering), its valuation above 100,000 billion VND (about USD 4 billion) makes it one of the most valuable non-financial companies to list since 2018. Unlike the 2017–2018 wave, which was mainly driven by banking, finance, consumer goods and real estate, this round includes retail, infrastructure and agriculture firms. The article also notes that many private conglomerates are listing subsidiaries to reflect the separate value of their business units. Highlands Coffee, CP Vietnam and Bảo tín Mạnh Hải are mentioned as having IPO plans.
- Company with VND 1.5 million billion in debt misses loan payment, roiling China’s credit market
Zhuhai Huafa Group, almost wholly state-owned and carrying interest-bearing debt of RMB 413 billion (VND 1.5 million billion), missed payments on two trust products and asked to extend some bank loans, triggering the sharpest selloff in China’s credit market in two years. Within two sessions to November 2, yields on benchmark Chinese corporate bonds rose 10.3 basis points, and the Huafa real estate unit posted a net loss of RMB 6.44 billion in the first nine months. Fitch placed Huafa on rating watch negative at BBB, while Huafa has since repaid one of the two delayed trust products. According to China Zheshang Bank, if Huafa keeps paying public bonds in full, the episode could be a temporary liquidity crunch, but extensions or restructuring could force markets to reassess risk across the state-owned enterprise sector.
- Stock Market Today: Dow Futures Plunge 323 Points, Apple Sinks, and Iran Strikes Send Oil Soaring
Dow Jones Industrial Average futures fell 323 points in early trading on midterm Election Day, mainly because Apple shares dropped about 4% premarket. Apple’s EPS of $2.10 beat the $1.99 estimate, but its gross margin forecast of 45% to 46% reflected a global memory chip shortage. A reported U.S. strike on Iran’s Qeshm Island pushed oil higher, with WTI near $97 and Brent near $105, while Iran said it would respond “forcefully.” The 10-year Treasury yield rose to about 5%, and the Nasdaq 100, already in correction more than 10% below its October 6 record, saw NVIDIA fall 15% over the past month to $202, with the VIX back in the low 20s. Next up are September JOLTS data (expected 7.1 million openings) today, election results tonight, and October payrolls on Friday.
- Vietnam's GDP could grow up to 11%, public debt among the lowest in the world
Standard Chartered, in a report published on 30/10, kept its Vietnam GDP growth forecasts at 9.5% for 2026 and 11% for 2027, and raised its 2028 forecast from 6.7% to 9.1%. The bank cites fiscal and monetary policy, strong FDI inflows, and rising domestic consumption and investment as support. It raised its inflation forecasts for 2026 from 4.4% to 4.7% and for 2027 from 3.3% to 3.9%, and cut its 2028 forecast from 5.5% to 3.7%. Its estimate for foreign exchange reserves is about US$83 billion. The article also cites IMF's October 2026 WEO forecasts of 8.4% GDP growth for 2026 and 7.5% for 2027, and a public debt ratio of 28.3% of GDP for 2026, placing Vietnam among the 20 economies with the lowest public debt worldwide.
Related markets
Latest news
- Gold holds near $3,930 as Iran talks, U.S. midterms shape outlook
Spot gold slipped marginally to $3,927.87 an ounce on Tuesday, holding near $3,930 as investors watched renewed U.S.-Iran diplomacy and awaited U.S. midterm election results. Silver fell 0.4% to $49.5750 an ounce, platinum rose 0.2% to $1,421.51, spot palladium gained 0.1% to $937.60, and the dollar index dropped 0.2% to 101.70. Oil traded within a range of around $5 a barrel as Washington and Tehran reviewed new proposals from mediators, following limited U.S. airstrikes on Iran's Qeshm Island the night before. The article notes gold fell almost 7% last month and is down around 25% since the conflict erupted in late February, as accelerating inflation prompted tighter monetary policy.
- Electricity paradox: revenue up, yet some firms still post losses
- Why Fiserv Stock Triumphed on Tuesday
Fiserv (FISV) shares rose 12.46% on Tuesday after an encouraging third-quarter report. Non-GAAP revenue fell 1% year over year to $4.85 billion, roughly in line with consensus, while adjusted net income dropped 15% to $936 million, or $1.75 per share, slightly better than the $1.72 estimate. Fiserv said revenue erosion in its banking segment was improving, with fewer client migrations and "major client wins," and it doubled its Project Elevate savings target to $1 billion from $500 million. The company also plans to resume share buybacks, targeting $500 million in the fourth quarter alone, and kept its 2026 organic revenue guidance of a 1% decline to break-even and adjusted EPS guidance of $7.20 to $7.40.
- President Trump Unexpectedly Announces End to Annual Military Aid to Israel
In a phone interview with Fox News, President Trump said he and Prime Minister Netanyahu agreed the US will stop paying Israel's annual military aid, worth about $4 billion, by the end of 2026. He said Israel is a successful economy that no longer needs US financial support but can still buy US-made weapons, and linked the decision to US domestic politics, where Democrats have used the aid to criticize Republicans. He did not specify whether the halt covers direct funding, weapons transfers, or both. The current 10-year memorandum of understanding, signed in 2016 under the Obama administration, allocates $38 billion for fiscal years 2019–2028, according to an official White House document.
- TDP and Vilacona Receive Penalties from the State Securities Commission
The State Securities Commission's inspectorate fined Thuận Đức Joint Stock Company (TDP) VND 112.5 million for issuing dividend shares beyond the 45-day deadline after the SSC confirmed receipt of complete documents, and ordered it to recall the shares and refund investors' purchase money plus interest. TDP completed the issuance of 9.36 million shares to 487 shareholders on 18/9/2026 at a 100:10 ratio, raising its charter capital from VND 937 billion to nearly VND 1,031 billion. Vilacona was fined VND 85 million for publishing information at least 15 days late, covering audited financial statements, corporate governance reports, annual reports and general meeting resolutions for 2024–2026. Vilacona's main registered business has been warehousing and storage of goods since March 2025, with Ms. Nguyễn Thị Phú serving as Chairwoman and Director.
- DIC Corp Chairman Successfully Accumulates 5 Million DIG Shares
DIC Corp Chairman Nguyễn Hùng Cường bought 5 million DIG shares between 12/10/2026 and 2/11/2026, raising his holding from nearly 28.8 million shares (3.41%) to nearly 33.8 million (4%). Vũ Thị Thu Hương, wife of General Director Nguyễn Quang Tín, has registered to buy 1 million DIG shares from 15/10/2026 to 13/11/2026. For Q3/2026, consolidated net revenue reached nearly VND 761.4 billion, down 43.2% year on year, with real estate accounting for 84.2%. Q3 net profit was nearly VND 69.2 billion, down 64.2%; for the nine months, net revenue rose 14% to nearly VND 1,519.2 billion and after-tax profit edged up 1.4% to nearly VND 202.7 billion.
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.