PV2 Investment swings to loss on US tariffs

PV2 Investment Joint Stock Company reported an after-tax loss of VND 1.3 billion for the first six months of 2025, compared to a profit of VND 1.7 billion in the same period last year.

The downturn was attributed to US tariff policy on Vietnamese goods, which caused a sharp decline in the Vietnamese stock market and losses from the company's securities investment activities.

As of June 30, 2025, accumulated losses reached VND 150.8 billion, representing 40.37% of equity.