Sovico Aviation bids for Vietjet shares Business

Sovico Aviation bids for Vietjet shares

Sovico Aviation Holdings Company (Sovico Aviation) has registered to buy 33 million shares of Vietjet Aviation Joint Stock Company (HoSE: VJC). The deal is being carried out between November 12 and December 11, 2020 via put-through and/or order-matching transactions.
Vietjet reports positive third quarter results Business

Vietjet reports positive third quarter results

Vietjet Aviation Joint Stock Company (HOSE: VJC) has released its third quarter financial statement, seeing a slight increase in air transport revenue over that of the previous quarter despite the second outbreak of COVID-19 in Vietnam.
HDBank remains on high growth path in Q3 Business

HDBank remains on high growth path in Q3

The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank, HOSE: HDB) reported pre-tax profits of 3.61 trillion VND (155.5 million USD) for the first nine months of 2020, a year-on-year increase of 31.9 percent and equivalent to 107 percent of the target.
Half of local businesses use IFRS Business

Half of local businesses use IFRS

More than half of companies in Vietnam have been adopting international financial reporting standards to meet investors’ expectations and improve their corporate governance, a survey showed.
Vietnam tourism art photos honoured Destinations

Vietnam tourism art photos honoured

An awards ceremony for the ninth national tourism art photo contest “Explore Vietnam” and a clip competition “Vietnam Now” were held in Hanoi on September 24 on the occasion of the 60th anniversary of Vietnam’s tourism sector (September 7).
Local ETFs draw foreign attention Business

Local ETFs draw foreign attention

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.
Foreign investors’ accounts reach high Business

Foreign investors’ accounts reach high

The Vietnam Securities Depository (VSD) in August issued securities trading codes to 296 foreign investors, the highest recorded within eight months but down 8.6 percent over the same period last year.
Techcombank appoints new CEO Business

Techcombank appoints new CEO

TheVietnam Technological and Commercial Joint Stock Bank (Techcombank) announced the appointment of Jens Lottner as Chief Executive Officer (CEO), effective August 18, 2020.