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Vinaconex has reported that, in the period from 20 March 2026 to 17 April 2026, it successfully sold 380,800 VIW shares from more than 10.5 million shares registered to sell, equivalent to 3.6%. The reason for not completing the transaction was unfavorable market conditions. Following the transaction, Vinaconex reduced its VIW holding from nearly 56.95 million shares to about 56.57 million shares, corresponding to ownership dropping from 98.16% to 97.5% of Viwaseen's charter capital. Vinaconex has continued to register to sell more than 42.06 million VIW shares to restructure its investment. The transaction is expected to occur from 23 April 2026 to 22 May 2026. If successful, Vinaconex's VIW ownership would fall from about 56.57 million shares (97.5%) to more than 14.5 million shares (25%). As of the morning of 21 April 2026, VIW was trading around VND 30,000 per share. Vinaconex estimates it could raise about VND 1,261.9 billion if the registered shares are sold in full. Separately, Nguyen Xuan Dong, a member of Viwaseen's Board of Directors and the CEO of Vinaconex; Nguyen Hai Dang, a Viwaseen board member and the CEO of Viwaseen who also serves as Deputy CEO of Vinaconex; Vu Van Manh and Tran Thi Kim Oanh serve as Chair of the Supervisory Board and Supervisory Board members of both companies. In a related development, Viwaseen recently published documents for its 2026 annual general meeting, scheduled for 23 April 2026 in Hanoi. Notably, Viwaseen expects 2026 consolidated revenue of VND 846.2 billion, down 13.8% year-on-year; pre-tax profit around VND 52.4 billion, up 37.5%. Additionally, the company plans 2026 production value of VND 886.8 billion, down 22.7% from 2025; development investment of VND 152.3 billion, 15.9 times the same period last year.
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…
