Vietnamplus

The number of new listing firms on the two local bourses has remained modest in the first nine months of the year.

The market is forecast to move sideways with alternative ups and downs in a narrow range this week, analysts have predicted.

Vietnamese shares advanced on October 8 as attention shifted to companies with good earnings prospects amid a lack of supportive information.

The Ministry of Transport (MoT) has proposed the Government buy back foreign-owned shares in the Airport Corporation of Vietnam (ACV) to ensure airports are operated properly.

The Ho Chi Minh Stock Exchange (HoSE) plans to introduce a new index that contains foreign-ownership-capped shares.

The market sentiment will remain lateral in September weighed down by global economic and political tensions while trading quiet amid speculations of Q3 corporate earnings.

Ceramic and tile producer Viglacera has won the “World Class” title of the Global Performance Excellence Award (GPEA) awarded by the Asia-Pacific Quality Organisation.

The Ho Chi Minh City Infrastructure Investment Joint Stock Company (CII) wants to offload 35.3 million treasury shares for at least 32,650 VND (1.40 USD) per share.

The US-listed asset management fund VanEck Vectors Vietnam ETF (VNM ETF) may purchase shares of the new generation carrier Vietjet in its upcoming quarterly portfolio reshape.

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.

Vietnam’s major trading bourse Ho Chi Minh Stock Exchange (HoSE) has reported its pre-tax profit dropped by almost half year-on-year to 200 billion VND (8.6 million USD).

Bond issuance is becoming a popular channel for firms to raise capital for its efficiency and convenience.

Investors may want to brace for a bumpy trading week as the Vietnamese stock market is still vulnerable to the unpredictability of global shocks in geographic, political and economic conditions.

The set of Principles of Best Corporate Governance for all public companies in Vietnam was publicised by the State Securities Commission of Vietnam (SSC) at the Ho Chi Minh Stock Exchange (HOSE) on August 13.

The Vietnam Securities Depository (VSD) granted licences to 464 foreign investors in July, including 58 institutional investors.

The Vietnamese stock market suffered during the week from July 29 to August 2 after having rallied for four consecutive weeks amid negative news from the international markets.

Securities companies participating in the new covered warrant market may find it less attractive to trade covered warrants of large-cap State-owned companies due to their low free-floating ratios.

Viet Capital Securities Joint Stock Company (VCSC) has announced the results of its bond issuance.

The national flag carrier Vietnam Airlines reported a total revenue of over 51.6 trillion VND (2.24 billion USD) in the first half of this year, up 5.5 percent year-on-year.

Technology group CMC will sell 25 million shares to an arm of Samsung SDS, a subsidiary of the Korean tech giant Samsung Group.