In the midst of a bullish stock market, VMD shares of Vimedimex Pharmaceutical Company declined sharply. On October 6, VMD shares plummeted to 17,950 VND per share, marking the second consecutive session at the floor price after three sessions at the ceiling price. The decline was attributed to the HOSE warning of suspension of VMD shares due to the company’s failure to publish information on remedial actions as required. VMD had been under warning since September 16, 2025, for late submission of financial reports and continued to face difficulties by not complying with HOSE’s demands. The exchange announced that VMD will also be under supervision starting October 8, 2025, if the company does not take corrective actions. Notably, Vimedimex recently established a company related to digital assets, Vimexchange, with a registered capital of 10 trillion VND.
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