The Board of Directors of Ho Chi Minh City Development Commercial Bank ( HDBank , stock code: HDB) has just announced a resolution approving the sale of the shares of Vietjet Aviation Joint Stock Company (Code: VJC) that the bank currently owns.
The bank has not yet announced details of the plan. The divestment comes after VJC shares experienced consecutive days of price increases. The market price of VJC is currently at 200,000 VND per share, double the price since the beginning of the year.
It is known that HDBank owns 6 million VJC shares, equivalent to 1.01% of Vietjet 's capital (as recorded in Vietjet's management report for the first six months of 2025). Based on this price, the total value of shares in Vietjet owned by HDBank is approximately VND 1,200 billion.
VJC stock trading activity over the past year (Photo: VNDStock).
In fact, this is not the first time HDBank has sold its stake in this airline. In 2023, HDBank divested its stake in Vietjet Air several times, aiming to reduce non-core investments in accordance with its previously established policy. These divestments helped HDBank earn a significant profit (approximately VND 1,500 billion) from its investment in Vietjet.
HDBank and Vietjet are both members of the ecosystem of billionaire Nguyen Thi Phuong Thao. In the first nine months of the year, HDBank achieved VND 14,803 billion in pre-tax profit (a 17% increase compared to the same period last year), with credit growth of nearly 23%.
Source: https://dantri.com.vn/kinh-doanh/hdbank-muon-ban-von-tai-vietjet-20251127150427101.htm
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