A Series of Enterprises Investing Hundreds of Billions in Stocks: Gelex and REE Mainly Invest in Banking Stocks, TVC Has Sold Nearly 95% of Its Portfolio

In Q2 2025, many companies invested hundreds to thousands of billions in stocks. Da Nang Housing Investment Development JSC (NDN) invested 524.3 billion (42.3% of total assets), focusing on stocks like Vinhomes and Hoa Phat. However, NDN’s revenue sharply dropped to just over 6 billion. Trí Việt Asset Management Group (TVC) liquidated nearly 95% of its portfolio. GELEX Group (GEX) is currently investing 5.012 trillion in securities, mainly in EIB stocks. Viconship JSC (VSC) increased stock investment to 1.404 trillion, achieving a pre-tax profit of 177 billion in Q2. Meanwhile, Refrigeration Electrical Engineering Corporation (REE) invested 933 billion in securities, focusing on the International Bank (VIB). Thus, stock investment plays a significant role in these companies.

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