German fund invests 28 million USD in Vietnamese sugar company Business

German fund invests 28 million USD in Vietnamese sugar company

Thanh Thanh Cong-Bien Hoa JSC (SBT) has announced that the German development finance institution DEG, owned by the German Government, invested 28 million USD to buy convertible preferred dividend stocks at 30,000 VND (1.26 USD) each, 84 percent higher than SBT’s market price on July 25.
Investment funds make modest gains Business

Investment funds make modest gains

Most investment funds in Vietnam’s equity market have recorded modest gains and were beaten by the growth of the benchmark VN-Index in the past three quarters.
Vietcombank to cut stake in Eximbank Business

Vietcombank to cut stake in Eximbank

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has offered to sell 45.6 million shares it is holding in the Vietnam Export-Import Joint Stock Commercial Bank (Eximbank).
VN Index to rise amid volatility, weak liquidity Business

VN Index to rise amid volatility, weak liquidity

Vietnamese shares are forecast to extend their growth in the final week of August by a marginal rate while volatility is widely expected by analysts as buyers are believed to be cautious due to the lack of news that could bolster optimism in the market.
Vietnamese stocks continue rallying Business

Vietnamese stocks continue rallying

Vietnamese shares advanced on August 22 despite investors’ profit-taking as overall market sentiment remained positive about the possibility of resolving China-US trade tensions.
Vietnamese stocks gain on divestment plans Business

Vietnamese stocks gain on divestment plans

Vietnamese shares ended on August 10 on a positive note, driven by financial-banking and energy sectors as confidence was boosted by news on State capital divestment from State-owned businesses.
Profit-taking drags stocks down Business

Profit-taking drags stocks down

Vietnamese shares fell on August 9 as strong selling pressure weighed down large-cap stocks and listed firms suffered from negative news of the macro-economy.
Initial margin ratio raised to reduce derivatives risks Business

Initial margin ratio raised to reduce derivatives risks

The Vietnam Securities Depository (VSD) will apply a new minimum initial margin ratio of 13 percent from July 18 instead of the previous 10 percent for VN30 Index futures to avoid violations and ensure the security of the derivatives market.
PV Power to shift listing to HOSE Business

PV Power to shift listing to HOSE

PV Power will shift its listing from UPCoM to the HCM Stock Exchange by the end of this year, the company announced in its first shareholders’ meeting in Hanoi on June 26.