Vietnam business updates: Khang Dien House dividends and energy transition funding

Khang Dien House (KDH) has announced plans to issue 112 million shares, valued at approximately 1,122 billion VND, to pay dividends using accumulated undistributed profits. While the company reported a significant increase in after-tax profit for the first half of 2026, reaching 1,097 billion VND, this growth was primarily driven by financial activities—specifically the transfer of capital in Binh Trung Moi Real Estate Development Co., Ltd.—rather than core sales revenue. Revenue for the first six months decreased by approximately 70% compared to the previous year.

In the broader economic landscape, Vietnam is addressing the financial requirements for its energy transition. A workshop held in Ho Chi Minh City focused on the Just Energy Transition Partnership (JETP), discussing the need for robust financial structures and risk allocation to mobilize resources. According to World Bank estimates, Vietnam requires approximately 368 billion USD between 2022 and 2040 to meet its climate commitments and energy security goals.