The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has entered Vietnam’s 50 best listed companies in 2019 by Forbes Magazine for the seven consecutive years.
Low-cost carrier Vietjet Aviation Joint Stock Company (HOSE code VJC) was named among Vietnam’s 50 best listed companies in 2019 by Forbes Magazine during an award ceremony in Ho Chi Minh City on August 15.
The Vietnam Technological and Commercial Joint Stock Bank (Techcombank) will increase its charter capital to nearly 34.97 trillion VND (1.53 billion USD).
The VN-Index ended with most stocks in green on June 8, the last trading day of the week, helping it maintain the uptrend of the previous days to rise by over two points to approximate 1,040 points.
A huge purchase of banking shares in the final minutes of the February 27 session on the local stock exchanges drove shares up, after a brief fall at the beginning of the session.
Vietnamese stocks are expected to rise further on expectations of positive corporate earnings reports from the financial-banking sector and a strong inflow of foreign investment, analysts said.
Vietnamese shares soared on January 25 as investors flocked to pour money into the HCM Stock Exchange (HOSE) after a two-day halt in operations following a technical crash.
Vietnam’s stock market and fund certificate value reached 3.36 quadrillion VND (148.17 billion USD) in 2017, equivalent to 74.6 percent of the country’s GDP.
Shares of the Saigon Beer, Alcohol and Beverage Corporation (Sabeco) - Vietnam’s biggest brewer - will be offered at an initial price of 320,000 VND (14 USD) each on December 18.
Shares soared on both local markets on November 16 with the VN Index hitting a fresh 10-year high as investor confidence improved, pouring strong investment into all sectors and stocks.
The Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) on October 10 announced it is considering delisting from the HCM Stock Exchange (HOSE) and changing its trading code.
The new investment tool, covered warrant, will start listing and trading on the HCM Stock Exchange (HOSE) in November, according to the State Securities Commission (SSC).
The Sustainability Reporting Standards of the Global Reporting Initiative (GRI) debuted in Vietnam on June 13, aiming to help make the stock market “green”.