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Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
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Accordingly, compared with Q1 2026, the number of stocks not meeting margin trading conditions on the Hanoi Stock Exchange (HNX) decreased by eight stocks. The most notable reductions were in the group of stocks placed on warning lists, including BCC (Bim Son Cement Joint Stock Company), BTS (Vicem Bu Son Cement Joint Stock Company), LDP (Lam Dong Pharmaceutical Joint Stock Company), PGN (Plastic Additives Joint Stock Company) and VTV (Vicem Energy and Environment Joint Stock Company), among others.
In addition to the reductions, several stocks were placed under surveillance, including IDJ (IDJ Vietnam Investment Joint Stock Company), MED (Mediplantex Central Pharmaceutical Joint Stock Company) and SDU (Song Da Urban Construction and Development Investment Joint Stock Company).
Some stocks were also subject to trading restrictions, including HBS (Hoa Binh Securities Joint Stock Company) and VE3 (Construction Electric Joint Stock Company).
Margin cuts were applied to some stocks due to negative net profit after tax in 2025, as reported in their audited financial statements for 2025. These included TTH (Tien Thanh Trading and Services Joint Stock Company) and SMT (Sametel Joint Stock Company).
Other margin cuts were linked to negative net profit after tax of the parent company for the first six months of 2025, as shown in the consolidated semi-annual financial statements for 2025. The affected stocks were BNA (Bao Ngoc Investment Group Joint Stock Company), FID (Investment and Development of Enterprises Vietnam Joint Stock Company) and SRA (Sara Vietnam Joint Stock Company).
On the exchange, only NRC (NRC Group Joint Stock Company) had a margin cut for a tax-related reason: the tax authority concluded the company violated tax laws.
Two stocks were not meeting margin trading conditions due to potential delisting: AAV (AAV Group Joint Stock Company) and SDA (Song Da Simco Joint Stock Company).
Notably, CET (HTC Holding Joint Stock Company) was cut from margin for three reasons: the stock is under trading restrictions; the 2025 audited financial statements include an opinion other than a clean opinion; and the 2025 net profit after tax in the audited financial statements is negative.
The article also notes that in the earlier period referenced, SPM and ST8 were cut from margin due to losses after audit. It further states that in Q1 2026 there were 70 stocks cut from margin on HNX, and that in the earlier quarter referenced there were 61 codes cut from margin on HNX.

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