•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
Although Rong Viet Securities’ first-quarter 2026 results were not positive, the company said it remains optimistic about full-year gains supported by an upgrade of Vietnam’s securities market and cooling interest rates.
On the afternoon of April 16, 2026, Rong Viet Securities Joint Stock Company (HOSE: VDS) held its annual general meeting of shareholders for the 2025 financial year, approving its 2026 business plan.
For 2026, Rong Viet Securities set a consolidated revenue target of VND 1,318 billion and a pre-tax profit target of VND 510 billion, representing an increase of more than 47% compared with the previous year.
Updates on Q1 2026 results were less encouraging. The company estimated revenue at nearly VND 202 billion and a pre-tax loss of about VND 30 billion, attributed to provisioning.
Chairman Nguyen Mien Tuan said that in March 2026, geopolitical developments in the Middle East affected Vietnam’s stock market. He added that the Q1 investment portfolio did not see a favorable turning point, while stock prices were pressured, leading to an estimated loss of around VND 30 billion from provisioning.
According to the chairman, the market has faced multiple pressures, including rising lending rates as a current risk. He noted that in the last 10 days there have been positive signals as the Government and the State Bank require banks to stabilize deposit and lending rates.
“Rates have stabilized, economic growth remains positive, FDI attraction is strong, and the earnings growth of listed companies is solid… creating opportunities for the VN-Index,” Mr. Tuan said.
Rong Viet Securities also pointed to the market upgrade. FTSE Russell officially confirmed the upgrade trajectory for Vietnam’s stock market, effective September 2026, which is expected to improve liquidity and attract international capital over the medium to long term.
With that context, Rong Viet leadership said it intends to actively seize business opportunities to comprehensively achieve the AGM-mandated 2026 targets. To do so, the company plans proactive, flexible, and efficient operations across five pillars: brokerage, lending, investment, investment banking, and asset management.
On the stock market, Rong Viet expects cash flow to continue to differentiate, focusing on enterprises with solid financial foundations, good governance, and sustainable development.
At the close of trading on April 16, VDS shares were at VND 15,150 per share, up 1% from the previous session.
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…
