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During the day when Vingroup held its annual shareholders meeting, VIC shares hit the ceiling price, reaching the highest level ever, pushing its market value above 1.6 quadrillion dong. Accordingly, Pham Nhat Vuong’s wealth reached USD 34 billion. In the trading session on April 22, there was a sharp reversal late in the day, with the focus on the Vingroup group stocks, especially VIC. VIC hit the ceiling during the day Vingroup held the shareholders meeting. From mid-afternoon, the stock surged to the limit, and quickly moved to a state with no sellers. By the close, VIC closed at 207,200 dong per share, an all-time high. Mr. Vuong is now the 67th richest person in the world. The rally of VIC occurred as Vingroup announced its business plan for 2026 with the largest scale ever. The group targets net revenue of about 485,000 billion dong and after-tax profit of about 35,000 billion dong. Besides the Vingroup group, several other stocks also contributed positively such as NVL rising nearly 6%; VHM up a little over 3%; VRE up over 2%; VPL remained green. The real estate group thus became the primary driver of the market. Liquidity across the market reached more than 22,000 billion dong, lower than the previous session. Foreign investors continued to net-sell by around 100 billion dong, focusing on stocks such as FPT, VHM, MSB, though they still bought VIC back. At the close, the VN-Index rose 23.82 points (1.3%) to 1,857.3 points. The HNX-Index rose 2.09 points (0.83%) to 255.36 points. The UPCoM-Index fell 0.37 points (0.29%) to 128.86 points.
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…
