Vietnamplus

Yeah1 Group Corporation listed more than 27.36 million of its shares on the HCM Stock Exchange (HOSE) on June 26, becoming the first ever entertainment company to list.

Property developer Vingroup plans to issue nearly 554 million shares to pay a 21 percent dividend to shareholders for 2017.

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.

Although May featured a downtrend for Vietnam’s stock market, market capitalisation still rose sharply and the market still has a good outlook in the long term, according to Chairman of the State Securities Commission of Vietnam Tran Van Dung.

Local investors are concerned with recent increases in net selling by foreign traders, fearing a capital flight, but experts have tried to calm the market with positive recommendations.

VN Index regained almost 16 points on May 11 after a tumble on the previous day, helping the stock market end green on the week’s last trading day.

More than 210.2 million shares worth over 5.75 trillion VND (253 million USD) were traded on both local exchanges on May 7.

The Saigon Beer Alcohol Beverage Corporation (Sabeco) appointed a new management board at an extraordinary shareholders’ meeting on April 23, following Thai Beverage Public (ThaiBev)’s acquisition of a 53.59 percent stake in the State brewer last year.

Vietnamese shares declined on April 13 as the market reversed quickly at the end of the trading session, dragged down by blue chips in banking and energy.

VN Index recovered and exceeded 1,170 points on April 12 after a nosedive of over 31 points on the previous day.

The benchmark VN-Index on the HCM Stock Exchange (HOSE) decreased 6.21 points to close at 1,198.11 points on April 10.

The Binh Son Refining and Petrochemical Company (BSR) reported pre-tax profits of 1.3 trillion VND (57.1 million USD) in the first quarter of 2018, up 46 percent compared to the quarterly target.

The benchmark VN-Index rose for the second day, gaining 1.63 points to stay at 1,193.17 points on April 5.

The stock market started the first week of April with green colour dominating large-cap stocks and those in banking and real estate in both bourses.

Shares declined for the first time in the last four trades as investors still kept a cautious view on the market outlook amid global volatility following the US-China trade tension.

Benchmark VN-Index further rose on March 26, gaining 17.63 points to settle at 1,171.22 points as it seemed not affected by the global stock market among concerns over a possible US-China trade war.

Vietnam’s benchmark VN Index marginally surpassed the record high of 1,170 points on March 22 as energy stocks remained upbeat and insurers and agriculture firms performed strongly as well.

The benchmark VN-Index on the HCM Stock Exchange (HOSE) rose only 2.88 points to 1,126.29 points at the end of March 12.

Vietnam’s benchmark VN-Index is forecast to struggle due to uncertain market sentiment this week, with eyes on the two exchange-traded funds (ETFs) set to finish reviewing their portfolios on March 16.