•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•

Ho Chi Minh City Securities Joint Stock Corporation (HSC) held its 2026 annual general meeting of shareholders on April 23. The company set 2026 revenue at 6,567 billion VND and pretax profit at 2,302 billion VND, representing growth of 50% and 56% respectively compared with 2025.
Under the shareholders’ meeting resolution, HSC’s 2026 business plan emphasizes not only revenue growth but also risk management and optimizing capital utilization. The company aims to develop its core business lines, enhance its ability to serve customers, and strengthen its financial capacity to meet rising market demand. HSC said the approach reflects a sustainable development strategy focused on financial stability and safety, beyond revenue expansion.
A key highlight of the plan is a planned capital increase totaling about 5,000 billion VND. HSC will issue new shares to existing shareholders, implement an ESOP, and conduct private placements to professional investors. After completion, charter capital is expected to rise from 10,808 billion VND to around 15,800 billion VND.
HSC also plans to expand operations by joining the Ho Chi Minh City International Financial Center (IFC - HCMC). The establishment of a single-member limited liability company with charter capital of 800 billion VND is expected to broaden HSC’s access to capital, customers, and international partners. The company described this as a step to enhance competitiveness and strengthen its position in the international market.
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…