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Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
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Vietnam’s goods trade balance remained in deficit in the latter half of March 2026, with the deficit reaching 56.48 million USD. A preliminary report from the General Department of Customs showed that in the period March 16–31, Vietnam’s total goods exports and imports rose to about 52.13 billion USD, up…
Vinexad Advertising and Trade Fair Joint Stock Company (VNX – UPCoM) will finalize its shareholder list on April 14 to pay a 2025 cash dividend at a rate of up to 130%, equivalent to VND 13,000 per share. With more than 3.2 million shares outstanding, the company is expected to spend nearly VND 42 billion for the payout.
Notably, the dividend rate is more than double the level initially approved by the annual general meeting (AGM), which set the payout at 60%. The company attributed the higher payout to 2025 business results that exceeded expectations.
In 2025, Vinexad reported revenue of VND 294 billion, up 17% compared with the plan. After-tax profit reached nearly VND 57 billion, up 51% from the plan. These figures supported the decision to increase the cash dividend payout ratio.
Vinexad has a track record of paying high cash dividends. In 2022, the company paid VND 6,000 per share (60%). In 2023, the payout increased to 150%, and in 2024 it remained high at 120% in cash.
Despite the attractive dividend, VNX shares have been largely illiquid on the market. On April 6, the share price was VND 13,000 per share, but trading volume was minimal to nonexistent.
Vinexad was originally established as a state-owned enterprise under the Ministry of Industry and Trade in 1975, linked to the formation and development of Vietnam’s advertising and exhibition sector. The company began trading on UPCoM on June 10, 2010, with initial charter capital of VND 12.2 billion.
The company operates in advertising and communications, organizing exhibitions and trade fairs, and international trade promotion. Vinexad also supports enterprise connectivity through collaborative events and seeks investment opportunities both domestically and abroad. Each year, it organizes and participates in dozens of large-scale fairs and exhibitions, attracting thousands of enterprises.
After the Ministry of Industry and Trade divested its entire stake, Vinexad’s shareholding structure changed significantly. The current Chairman of the Board, Mr. Nguyen Khac Luan, holds 13.27% of charter capital as the largest shareholder.
At the 2026 AGM held at the end of March, Vinexad approved its 2026 business plan with a revenue target of VND 280 billion and after-tax profit of VND 48 billion, representing year-on-year decreases of 4% and 51%, respectively. The expected dividend payout ratio for 2026 is 80%.
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…
