HNX earns 142 billion VND in auctions in April
Some 142 billion VND (6.2 million USD) was raised through four auctions on the Hanoi Stock Exchange (HNX) of state-owned enterprises selling shares from businesses in their non-core areas in April.
Illustrative photo (Photo: tapchitaichinh.vn)Hanoi (VNA) – Some 142 billion VND (6.2 million USD) was raised through four auctions on the Hanoi Stock Exchange (HNX) of state-owned enterprises selling shares from businesses in their non-core areas in April.
The auctions were held for the State Capital Investment Corporation (SCIC) to divest from Barotex Vietnam Investment and Trading JSC, Vietnam National Shipping Lines to sell shares of Vinalines Ship Repair Company, the Ministry of Agriculture and Rural Development to offload its shares from a maize investment and development company and Truong Son Construction Corporation to sell shares of Construction JSC 565.
More than 31 million shares were put up for sale while investors registered to buy some 40 million shares, 31 percent higher than the volume offered.
Shares in the four auctions sold out.
In May, HNX will hold nine auctions of the central investment and development JSC, Hanoi Food JSC, Telecommunication Project Construction Development JSC, Vietnam Post and Telecommunication Land JSC, PetroVietnam Oil Quang Ninh JSC, Post and Telecommunication Service Construction JSC, Vietnam General of Agricultural Materials Corporation (VIGECAM), Apax Holding JSC and Viglacera Corporation.-VNA
You should also see
Localities get ready for fourth FDI boom
As the year 2024 is expected to witness the start of the fourth wave of foreign direct investment (FDI) to Vietnam, localities nationwide are getting ready to absorb foreign capital flows.
See more
Business
HCM City moves towards Net Zero
Ho Chi Minh City is building a project to restructure its industry towards sustainable development in the 2025-2030 period, with a vision to 2050, prioritising the use of high technology and reducing emissions towards net zero emissions by 2050.
Business
Old loans must endure higher interest rates temporarily: central bank
The average lending interest rate for new loans by commercial banks is reported at around 6.4% per year, a decrease of 0.7 percentage point per year compared to the end of last year. However, borrowers with loans issued before the latest rate adjustment still must pay higher rates, according to the State Bank of Vietnam (SBV).
Business
Vietnam among top domestic infrastructure investors: Ambassador
Vietnam is one of the leading countries in Asia in terms of investment for infrastructure development, allocating 5.7% of its Gross Domestic Product (GDP) to projects in this field, said Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the United Nations (UN).
Business
Vietjet adds more flights to Dien Bien
To meet the rising demands to visit Dien Bien of people and tourists during the celebration of the 70th anniversary of the Dien Bien Phu victory, Vietjet increased the frequencies of flights between Hanoi, Ho Chi Minh City and the northwestern province to 28 per week.
Videos
Agro-forestry-fisheries products nearly double in Q1
Total export revenue from agro-forestry-fisheries products in the first three months of this year is estimated at over 13.5 billion USD, up nearly 22% over the same period last year, according to the Ministry of Agriculture and Rural Development.
