ORS shares still hit the floor; billionaire Pham Nhat Vuong has nearly 8,000 billion VND more

In the morning trading session of March 24, ORS shares of Tien Phong Securities Joint Stock Company (TPS) continued to hit the floor, at 10,650 VND/unit and there were no buyers. At the end of the morning session, this code was traded over 4.4 million shares, equivalent to a value of over 47 billion VND.

Previously, ORS shares had 2 consecutive floor-price sessions at the end of last week, extending the streak of 4 consecutive days of decline. The current price of ORS is also at the lowest level in the past year.

This development occurred before and after the news that Mr. Do Anh Tu - Chairman of the Board of Directors of Tien Phong Securities - resigned from his position. At the same time, Mr. Tu also resigned from the Board of Directors of TPBank (major shareholder of TPS).

On the other hand, this morning, Vingroup Corporation's VIC stock hit its ceiling. The liquidity of this code reached nearly 8 million units. Along with VIC, the duo VRE (Vincom Retail) and VHM (Vinhomes) also increased by 1.9% and 3.6% respectively in the market correction session.

Vingroup stocks increased this morning (Source: BanggiaSSI).

The sharp increase in Vingroup shares has helped billionaire Pham Nhat Vuong's assets increase dramatically. As of 12:30 noon today, according to an update from Forbes , the Vingroup chairman's assets reached 7.4 billion USD, an increase of 300 million USD (nearly 8,000 billion VND) compared to yesterday morning (March 23). Mr. Vuong ranked 425th richest person on the planet.

Last Friday (March 21), Ho Chi Minh City approved the investment project to build the sea reclamation project of the Can Gio sea reclamation urban tourism project (Long Hoa commune and Can Thanh town, Can Gio district). The sea reclamation project has an area of over 1,357 hectares, with a total investment of over VND 64,400 billion, to be implemented in the period of 2020-2031.

Earlier this year, the Ho Chi Minh City People's Committee approved the 1/500 scale detailed planning project for the Can Gio coastal tourism urban area in Can Gio district. The total investment for the project is nearly 9 billion USD. The goal is to develop the project into a coastal tourism urban area, resort, smart city, high-tech services, housing and hotels.

Source: https://dantri.com.vn/kinh-doanh/co-phieu-ors-van-nam-san-ty-phu-pham-nhat-vuong-co-them-gan-8000-ty-dong-20250324124403721.htm