•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
VPS Securities Joint Stock Company (ticker: VCK) has announced a resolution by its Board of Directors to close its Da Nang Branch, effective from the date approved by the State Securities Commission (UBCKNN). The Board also approved the dismissal of Branch Director Nguyen Lâm Dũng from the effective date of the closure.
VPS said the decision forms part of a transformation plan aimed at reallocating resources toward online trading channels and improving service quality. The company stated that the move does not affect customers’ rights or trading operations.
VPS is headquartered at 88 Tran Thu Do Street (Hanoi). The company also has a branch in Ho Chi Minh City and three trading desks, including two in Hanoi and one in Ho Chi Minh City.
VPS recently held its first 2026 annual general meeting since becoming a public company. Shareholders approved key items related to 2025 results and the plan for 2026.
The 2026 business plan was approved with target operating revenue of 11,500 billion VND, up 39.2% from 2025, and pre-tax profit of 5,750 billion VND, up 28.6%. The Chairman of the Board, Nguyen Lâm Dũng, said VPS is determined not only to meet the plan but also to strive to exceed the profit target for the year.
In 2025, VPS reported operating revenue of 8,261 billion VND, up 27.7% year-on-year. Pre-tax profit reached 4,471 billion VND, up 41.8%, while net profit rose to 3,579 billion VND, up 42.1%. The company said these results exceeded the plan approved by competent authorities.
VPS also maintained its No. 1 position in stock brokerage market share for five consecutive years, with shares of HOSE at 15.95%, HNX at 19.49%, UPCOM at 17.76%, and the derivatives market at 38.99%.
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…
