IDJ Vietnam fined for delayed information disclosure

IDJ Vietnam Investment JSC has been fined 92.5 million VND by the State Securities Inspectorate for violating regulations regarding information disclosure deadlines. According to Decision No. 646/QD-XPHC, the company failed to publish several key documents on its website and the official systems of the State Securities Commission and the Hanoi Stock Exchange for more than 15 days.

The delayed disclosures included the 2025 audited separate financial statements, the 2025 audited consolidated financial statements, and the 2025 annual report.

Financial reports for the first half of 2026 indicate a significant downturn for the company. Net revenue fell by 86.9% year-on-year to approximately 87.9 billion VND. Real estate revenue specifically dropped from over 612 billion VND to 69.7 billion VND, largely attributed to the Apec Mandala Wyndham Mui Ne project. Consequently, gross profit turned into a loss of nearly 12.3 billion VND, compared to a positive gross profit of over 182.8 billion VND in the same period last year.