Hanoi Stock Exchange hosts 27 auctions in nine months
The Hanoi Stock Exchange (HNX) organized 27 auctions so far this year with total transaction value of more than 10.8 trillion VND (465 million USD) from.
The HNX has organised 27 auctions in the first nine months of the year, including 16 capital withdrawals, 10 initial public offerings (IPOs) and one was for purchase rights. (Photo: hanoimoi.com.vn)Hanoi (VNA) – The Hanoi Stock Exchange (HNX) organized 27 auctions so far this year with total transaction value of more than 10.8 trillion VND (465 million USD) from.
About 1.5 billion shares were put up for sale at the auctions, and more than 674 million shares were traded, accounting for 44 percent of the offered amount.
The auctions included 10 initial public offerings (IPOs) and 16 for divestment. There was one auction for purchase rights.
In September, HNX hosted four auctions, including three IPOs of the Vietnam National Shipping Lines (Vinalines), Nguyen Van Troi Forestry One Member Co Ltd and Kon Tum Water Supply One Member Ltd, and one auction of Vietcombank’s stake at the Phuong Dong Bank.
Over 497.2 million shares were offered at the four auctions; however, only 39 million shares were ordered. Shares offered by Nguyen Van Troi Forestry One Member Co Ltd and Vietcombank were sold out.
This month, the bourse will see five IPOs of the Nha Trang Port Company, Military Bank, Vietnam Export Import Bank, MBLand Holdings, and Phu Tho Cement Co.,Ltd.-VNA
You should also see
Strategic breakthroughs and turning points for victory day
The strategically significant victory of the Central Highlands Campaign followed by the rapid and resounding success of the Hue-Da Nang offensive in March 1975 fundamentally altered the situation of the liberation war, creating a pivotal turning point and ensuring conditions for a definitive victory in the historic Ho Chi Minh Campaign, which fully liberated the South and unified the country.
See more
Business
Vietnam’s rice exports may exceed 2024 target
With positive results recorded so far, Vietnam can exceed its target of 7.6 million tonnes in rice export volume set for 2024, Nguyen Ngoc Nam, Chairman of the Vietnam Food Association, said at a conference in the Mekong Delta city of Can Tho on April 26.
Business
Ample room for Quang Ninh to attract FDI
The northeastern province of Quang Ninh has ample room to attract foreign direct investment (FDI) and realise the goal of attracting 3 billion USD in FDI this year and 10 billion USD in the 2020-2025 period.
Business
Long An, Dong Nai introduce strengths in RoK
The southern province of Long An and Dong Nai introduced their investment climate as well as socio-economic development orientations at an investment promotion conference held in the Republic of Korea (RoK) on April 26.
Business
Vietnam makes initial efforts to approach creative industries: CIEM
Vietnam has made initial efforts to approach creative industries and services, particularly a policy framework related to creative economy development, according to a new report released by the Central Institute for Economic Management (CIEM).
Business
HCM City wants to become major partner, customer of NVIDIA: Official
Chairman of the People’s Committee of Ho Chi Minh City Phan Van Mai has told the Vice President of Worldwide AI Initiative at NVIDIA, Keith Strier that the city wants to become a major and good partner and customer of the firm in Vietnam.
