Shares of HVC Investment and Technology, trading under the ticker HVH, have twice reached the 7 percent price increase limit on the Ho Chi Minh City Stock Exchange twice this week. This came about after it was reported Monday that the Chairman of the Board of Directors, Tran Huu Dong, had increased his holdings from 21.93 percent of the company to 22.45 percent.

HVC started out making electrical equipment and air ducts but has since branched out into experiential entertainment development like skate rinks and waterparks. Of note, the firm recorded its lowest annual revenue for the past four years in 2023, just US$9.9 million with a gross profit of about $1.7 million.

There is a 49 percent cap on foreign ownership in HVH shares of which just .41 percent, as of close of trade June 6.

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Waterpark developer stocks hit ceiling twice after buy order from BOD chairman

latest news

Vietnam statistics office finds second quarter GDP growth at 6.93 percent

Vietnam Value Added Tax cut extended to end of the year

Singapore firm adds 196 MW to Vietnam renewable energy to portfolio

Vietnam property market reform laws’ start date moved up to August 1

Vietnam’s adds US$4.1 billion FDI, June [data set]

Vietnam Airlines pursuing loan payment deferral from National Assembly

Vietnam consumers hold off on buying new cars waiting for cut in registration fees

Taiwanese Apple supplier Wistron set to increase investment in Vietnam

Foreign investors net-sell US$46 million HoSE stocks, Friday: Vietnam Stock Market Tracker

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