As its shares fell more than 10% in the last two trading days of October 2025, VIX Securities, one of the top brokerage houses in Vietnam, released an official statement on October 31 refuting untrue rumors that were making the rounds on social media.

The company, which is listed on the Ho Chi Minh shares Exchange, reported that investors had informed it of “false information” about the company and its shares that was circulating on social media and in securities forums. According to VIX, these rumors have “violated the legitimate rights of shareholders while negatively affecting investor psychology, customers, and the company’s reputation.”​

Sharp Drop In Stock Prices Despite High Profits

On October 30, with trading volume topping 65 million shares and foreign investors selling a net 13 million shares, VIX shares dropped to their daily limit of 29,300 Vietnamese dong. Even though foreign purchasers returned with net purchases of more than 6.4 million shares, the price continued to decline on October 31, falling 4.44% to 28,000 dong.​

The dip is a sharp reversal from the stock’s October 16 peak of about 40,000 dong, which was a 30% decline. At the end of October, the company’s market value was roughly 42.88 trillion dong ($1.63 billion).​

Even when VIX reported record-breaking Q3 2025 numbers, there was a selloff. With a net profit after tax of 2.449 trillion dong, the corporation outperformed its 2024 counterpart by a factor of nine. A new corporate record was set when net income for the nine months ended September 30 hit 4.123 trillion dong.​

Ambitions For Crypto And Capital Expansion

VIX announced preparations for an emergency general meeting to authorize a huge capital raising initiative on November 28, 2025, which corresponded with the market fall. In order to raise charter capital from 15.314 trillion dong to 24.503 trillion dong, the business plans to issue 918.85 million additional shares at a price of 12,000 dong each, which is around 30% less than current market pricing.​

The establishment of the VIX Crypto Asset Trading Exchange will get 1 trillion dong of the anticipated 11.026 trillion dong in revenues, with the remaining amount being divided equally between margin lending and proprietary trading. A 433% increase from its initial plan, VIX also intends to significantly raise its 2025 profit objective to 6.5 trillion dong pre-tax and 5.2 trillion dong after-tax.​

With margin lending hitting a record 370 trillion dong at the end of Q3, the Vietnamese securities industry has experienced remarkable growth in 2025. This rise was partially fueled by the VN-Index’s impressive performance, which saw a 21% increase throughout the quarter.