Vietnamplus

Vietnam Investment Securities Company (IVS) will merge with Japan Securities Incorporated (JSI) to boost the number of customers, financial capability and expand the operation to Japan.

Trading liquidity of the Government bond market may increase once the State Treasury of Vietnam is able to buy and sell bonds, a State Securities Commission (SSC) official said.

VN Sustainability Index (VNSI) will make debut in July to evaluate the sustainability performance of companies listed in the stock market of Vietnam.

The stock market capitalization reached 2,260 trillion VND (101 billion USD), equal to 50.3 percent of the national GDP, and is the highest-ever level since the market began operation.

The State Securities Commission (SSC) has issued new regulations on which Unlisted Public Company Market (UPCoM) shares on the Premium list will be allowed for margin trading from April this year. This decision will replace existing regulations on securities margin transactions.

The Securities Journalists’ Club has announced top 10 events in Vietnam’s stock market in 2016.

Shares opened the first trading day of the new year on a high note, with investors confident of bright prospect of the securities market.

Speeding the equitisation of State-owned enterprises (SOEs) and development of the stock market is important to secure a Government policy to restructure businesses over the next five years.

OCB shareholders decided at a recent meeting that there will be a change of listing plans.

Vietnam’s stock market is becoming more attractive to many foreign investors, many insiders said at a recent workshop in HCM City.

The Ho Chi Minh Stock Exchange (HOSE) has approved the listing of Vietnam’s largest brewer Sai Gon Beer, Alcohol and Beverage Corporation (Sabeco) at a starting price of 110,000 VND per share (4.89 USD).

Prime Minister Nguyen Xuan Phuc has asked the State Securities Commission to continue fine-tuning management mechanisms, ensuring openness, transparency, fairness and efficiency.

A regular cabinet meeting took place in Hanoi on Nov 28 under the chair of PM Nguyen Xuan Phuc

The Finance Ministry’s State Securities Commission (SSC) was awarded with Independence Order, second class, during a ceremony in Hanoi on November 28.

A seminar discussing how to manage risks in the derivative market took place in Ho Chi Minh City on November 10.

The market capitalisation to GDP ratio in Vietnam as of October 19 was 40 percent, Deputy Finance Minister Vu Thi Mai reported at the most recent regular Cabinet press conference.

Bank for Foreign Trade of Vietnam (Vietcombank) on October 24 secured approval to sell non-convertible bonds worth 2 trillion VND (89.3 million USD) at par value.

The governments of Vietnam and Luxembourg have signed a protocol on the project VIE032 to support the State Securities Commission in implementing Vietnam Stock Market Development Strategy 2016-2020.

The local securities market is expected to further expand in the last months of the year after two trading regulations are put into practice in November.

After five years of aggressive restructuring, the number of securities companies here has reduced from 105 to 81 in 2016.