Dragon Capital fund sells 5 million shares of Khang Dien House
Vietnam Enterprise Investments Limited Fund (VEIL), run by Dragon Capital, announced on September 16 that it had sold 5 million shares of Khang Dien House Trading and Investment JSC (KDH) via a put-through method on September 11.
In the first half of this year, KDH recorded net revenue of 1.49 trillion VND, an increase of 19 percent year-on-year (Photo the courtesy of Khang Dien House)
Hanoi (VNS/VNA) -Vietnam Enterprise Investments Limited Fund (VEIL), run by Dragon Capital,announced on September 16 that it had sold 5 million shares of Khang DienHouse Trading and Investment JSC (KDH) via a put-through method on September 11.
After the transaction, DragonCapital's largest fund owns more than 9 million shares of KDH, equivalent to arate of 1.62 percent.
KDH sold the shares at a priceof 23,850 VND per share, equivalent to a value of 119.25 billion VND (5.1million USD).
The company is thesixth-largest investment in VEIL’s portfolio. In the first half of this year,KDH recorded net revenue of 1.49 trillion VND, an increase of 19 percentyear-on-year. Post-tax profit reached 408 billion VND, up by 90 percent in thesame period last year and 37 percent of the yearly plan.
The company recently announcedthat it will establish three subsidiaries with a total charter capital of 220billion VND.
The new units are Phu Hai RealEstate Development Company Limited, with 100 billion VND of capital, Nguyen PhatReal Estate Investment Company Limited, with 20 billion VND of capital and NamThong Real Estate Development Company Limited, with 100 billion VND of capital.
A group of investment funds runby Dragon Capital now holds a total of 89 million shares of KDH, equivalentto 15.93 percent. With the current market price of 24,500 VND per share, themarket value of the shares totals nearly 2.2 trillion VND./.
Most investment funds in Vietnam’s equity market reported negative growth in net asset value per share (NAVPS) in H1 due to a stock market downturn, resulting from the impacts of the COVID-19 outbreak.
Companies collected a total of 38.4 trillion VND (1.7 billion USD) via bond issuances in August, according to statistics from the Hanoi Stock Exchange (HNX).
The severe economic blows from COVID-19 have forced scores of businesses to suspend operations and even file for bankruptcy, with real estate companies among the hardest hit.
Vietnam has been ranked second after the US on a list of the world's most active, dynamic and potential markets for merger and acquisition (M&A) deals this year.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
In the first half of this year, KDH recorded net revenue of 1.49 trillion VND, an increase of 19 percent year-on-year (Photo the courtesy of Khang Dien House) 
