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The Ho Chi Minh City Stock Exchange (HoSE) has placed several stocks on a warning list from April 24, citing violations including late publication of audited financial statements for 2025 and audit reports with qualified or other adverse opinions.
HoSE’s warning list includes VNE, DTA, VMD, and SBV. The exchange said the listings were mainly linked to breaches related to the timing of audited financial statement disclosures and the nature of the audit opinions.
VNE was placed on warning for late submission of the 2025 audited financial statements, with the filing made more than 15 days after the deadline.
DTA was warned due to its 2025 audited financial statements receiving a disclaimer from the auditor.
VMD was placed on two warning statuses because its consolidated audited financial statements included a disclaimer and because of information disclosure violations occurring more than four times within a year. As of October 16, 2025, VMD remained under trading restriction due to unresolved information-disclosure violations.
SBV was placed on warning from April 24 due to after-tax losses shown in the consolidated audited financial statements for the two most recent years (2024–2025).
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…