The Power Generation Corporation 2 (EVNGENCO 2), a subsidiary of the Vietnam Electricity Group, plans to sell over 580.12 million shares, or 48.8875 percent of its charter capital, to investors and over 1.33 million shares, or 0.1125 percent, to employees.
Shares bounced back slightly in the afternoon trade but the VN-Index still lost 60.94 points, or 5.11 percent, closing the January 19 session at 1,131 points.
The Thai Nguyen International Hospital has become the first hospital listing on the Ho Chi Minh Stock Exchange (HoSE), with 41.5 million shares put up for sale on January 6.
The Southeast Asia Commercial Joint Stock Bank (SeABank) has been among 13 commercial joint stock banks in Vietnam with highest charter capital, after increasing it to 12.088 trillion VND (526 million USD) from 9.369 trillion VND.
Analysts from securities companies are optimistic about stock market movement during the first trading week of this year and betting the positive trend will continue.
Vietnam’s stock market has posted record highs as the Government’s stimulus measures and good control of the coronavirus outbreak are turbo-charging the country’s economic recovery from the pandemic, according to insiders.
Prime Minister Nguyen Xuan Phuc has signed Decision 37/2020/QD-TTg on the establishment of the Vietnam Stock Exchange (VNX), with the aim of unifying the stock market and ensuring efficient, fair, open and transparent activities.
It is undeniable that adopting environment, society and governance (ESG) principles is helping local companies improve business management and attract more foreign capital.
Shares of Asia Commercial Joint Stock Bank (ACB) soared 8.1 percent on Wednesday as the bank officially listed more than 2.16 billion shares on the Ho Chi Minh Stock Exchange (HoSE).
The Asian Development Bank (ADB) and Binh Duong Water Environment Joint Stock Company (BIWASE) signed an 8 million USD loan to expand the Tan Hiep Water Treatment Plant (WTP) in Binh Duong province, one of the fastest-developing provinces of Vietnam.
The International Finance Corporation (IFC) recently announced its cooperation with An Phat Holdings (APH) and an expected investment of 20 million USD to fund APH’s first compostable material manufacturing plant in Vietnam and the largest of its kind in Southeast Asia.
The Ministry of Construction recently approved a plan to divest all State capital at Vietnam Urban and Industrial Zone Development Investment Corporation (IDICO).
Billions of banking stocks are about to flood the market with banks planning to pay stock dividends and issue new shares to raise their charter capital.
The PetroVietnam Ca Mau Fertiliser Co., Ltd. (PVCFC)’s total urea output reached the milestone 7 millionth tonne on September 13 after almost ten years of operations.
The domestic exchange-traded fund VFMVN Diamond (HoSE: FUEVFVNĐ) on September 8 issued an additional 300,000 certificates to raise the total amount of certificates to 148.3 million.
The Vietnam Technological and Commercial Joint Stock Bank (Techcombank) has decided to raise the foreign ownership cap from 22.4951 percent to 22.5076 percent of its charter capital.
Dr. Pham Nguyen Hoang of the Victoria University in Australia and researcher Nguyen Cong Minh of the State Securities Commission of Vietnam have conducted a study on the protection of minority shareholders in the Vietnamese context. Following is a brief introduction of their study.