How are the stocks of Vietnamese businesses joining hands with Trump Group to do billion-dollar projects now?

cổ phiếu - Ảnh 1. — A series of industrial park real estate stocks were sold off, with no buyers - Photo: AI/BINH KHÁNH

After the news of the 46% tax imposed by the US on Vietnam, experts said that industrial real estate will be among the industries with indirect impacts.

If exports decline, demand for factory expansion may slow, affecting demand for industrial real estate.

Therefore, it is not surprising that industrial real estate stocks fell to their lowest levels within minutes of the opening of the floors.

For example, KBC code of Kinh Bac Urban Development Corporation, after decreasing by 6.95%, has retreated to the price range of VND27,450/share. Not only that, this stock also appeared to have a buying situation like a series of other stocks in this sell-off session.

In the remaining sell order, there are nearly 6.7 million units "waiting in line". The total trading volume of KBC code this session is also only over 9.5 million units, lower than yesterday's session.

This enterprise, chaired by Mr. Dang Thanh Tam, has just announced its audited financial report for 2024 with consolidated after-tax profit reaching VND 423 billion, a decrease of VND 37 billion compared to the self-prepared report.

In early October last year, KBC also announced that the Trump Group would develop a hotel, golf course and residential project through a cooperation agreement with Hung Yen Hotel Services Joint Stock Company. This is a subsidiary of KBC. The project scale is about 1.5 billion USD.

Regarding this project, international media recently reported that the expected start date is May 2025.

Besides KBC, there are many real estate codes, including industrial park sector, in the same situation of "lying on the floor" such as SIP of Saigon VRG Investment Joint Stock Company, BCM of Industrial Investment and Development Corporation, IDC of Idico, SZC of Sonadezi Chau Duc...

These are all stocks that are assessed as having potential in the industrial park group when FDI capital flows have grown positively in recent times, land rental demand is high, and rental prices are continuously increasing.

However, in the coming time, when the new US tariff level comes into effect, competition to attract FDI with countries in the region such as Indonesia, Thailand, Malaysia or India... will become increasingly fierce.

To optimize investment efficiency, experts recommend that investors not only focus on analyzing large land funds, good locations, and business results, but also closely follow macro factors such as FDI attraction policies, foreign capital flows, and new tax policies.

440 stocks hit the floor

In this afternoon's trading session, red no longer covered the stock exchange board, but turned to blue - the color that brings the most fear to investors holding stocks.

Statistical data on the whole market shows that 440 stocks have decreased by the full amplitude, something that has never happened before. VN-Index lost 88 points, the index fell deeply to 1,229 points, losing all the price gains since the beginning of the year.

This was also the sharpest decline in the region with active selling pressure and liquidity both increasing dramatically. At the end of the session, liquidity on all three exchanges reached more than VND44,000 billion with more than 2 billion shares "changing hands".

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BINH KHANH

Source: https://tuoitre.vn/co-phieu-doanh-nghiep-viet-bat-tay-voi-tap-doan-trump-lam-du-an-ti-usd-nay-ra-sao-20250403192538504.htm