Petrolimex plans stock sale, divestment of State capital Business

Petrolimex plans stock sale, divestment of State capital

The Vietnam National Petroleum Group (Petrolimex) plans to sell 15 million treasury stocks in transactions held between June 16 and July 15 to mobilise capital for investment in 2020, announced chairman Pham Van Thanh at Petrolimex’s recent annual general meeting of shareholders.
VietinBank plans to increase chartered capital Business

VietinBank plans to increase chartered capital

The Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) planned to increase its chartered capital from its accumulated profits or paying dividend by stocks. The plan is being completed by the competent State agencies to complete the legal procedures for implementation.
HDBank targets profits up 27 percent in 2019 Business

HDBank targets profits up 27 percent in 2019

The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) plans to collect 5.07 trillion VND (217 million USD) in pre-tax profits this year, an increase of 27 percent compared to 2018.
Business

2.48 mln preferential shares for Mekong Delta farmers

The An Giang Plant Protection Joint Stock Company (AGPPS) recently issued 2.48 million preferential shares to be sold to farmers in the Mekong Delta at half price in a bid to raise their position in agricultural production.