MARKET NEWS FOR MAY 26

◆ Rising fuel prices worry American consumers
Rising fuel prices cause concern among American consumers about widespread impacts on the entire economy. This price increase could raise the costs of other goods and services, putting pressure on household spending.
◆ Mr. Trump promotes Iran deal and normalization of Arab-Israeli relations
U.S. President Donald Trump is pushing for an agreement to end the conflict with Iran and is calling on Arab countries to join the Abraham Accords to normalize relations with Israel. This move could change the political landscape in the Middle East.
◆ Global silver prices surge, domestic silver moves in opposite directions
International silver prices rose sharply after market sentiment improved due to expectations that geopolitical tensions in the Middle East would ease. However, domestic silver prices slightly declined, showing a difference in reactions between the local and international markets.
◆ Electricity consumption in Hanoi and Ho Chi Minh City hits record highs due to heatwave
Electricity consumption in Hanoi and Ho Chi Minh City reached the highest levels since the beginning of the year due to intense heat. Hanoi recorded a consumption of 109.9 million kWh, while Ho Chi Minh City continuously set new records since mid-May, putting significant pressure on the power system.
◆ VinFast appoints new chairman, 'Vin family' stocks rise sharply
VinFast appointed Mr. Pham Nhat Quang Anh as Chairman of the Board, causing stocks of the 'Vin family' such as VIC, VHM, VRE to rise strongly on the stock market, reflecting investor expectations for new leadership.
◆ HDBank completes 90% ownership of HD Securities
HDBank has completed increasing its ownership to 90% of HD Securities, equivalent to 986.4 million shares, demonstrating a strategy of expansion and strengthening its position in finance and securities sectors.
◆ General director of Hai Phong Thermal Power prosecuted
Mr. Duong Son Ba, General Director of Hai Phong Thermal Power, was prosecuted after reports of the highest remuneration among the leadership, drawing significant attention in the energy sector and raising questions about corporate governance.