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At SHB’s ordinary general meeting for 2026 held on April 22, Chairman Do Quang Hien said attracting foreign investors is a “good opportunity” not only for SHB but also for Vietnamese enterprises more broadly, adding that many foreign investors are currently interested.
Mr. Hien said SHB views interested foreign investors as “foreign suitors,” but becoming a formal partner requires careful selection. He emphasized that the criteria are not only capital, but also long-term commitment, participation in governance, technology, and the supply chain.
SHB, he noted, prioritizes partners with medium- and long-term visions to support “safe and sustainable development,” rather than pursuing short-term goals such as stock price increases. He expects the bank to find a suitable partner in 2026 in line with shareholders’ hopes.
“Allowing foreign investors to participate in the bank to push up the stock price is not difficult, but we want a loyal investor. I think this year we will select a strategic investor that the shareholders desire,” Hien said.
On SHB’s plans to transfer two banks in Laos and Cambodia, the chairman said operations in Laos have been approved by the Lao central bank. In Cambodia, he said the market remains challenging due to recent volatility involving a Chinese conglomerate, which has affected not only Vietnamese banks but also international banks.
In this context, SHB said it will continue to select a suitable investor aligned with the objective of capital transfer, while ensuring compliance with laws in Vietnam and the host country and working to maximize shareholder benefits.
SHB’s CEO Ngo Thu Ha reported Q1 2026 results including:
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…