Vietnamplus

Delisting shares on the stock market is a tool for market regulators to create a transparent investment environment, and filter and remove poor quality stocks that cause market manipulation, strengthening investors' confidence in the stock market.

The PetroVietnam Power Corporation (PV Power) has announced that it will put shares of Dakdrinh Hydroelectricity on the Unlisted Public Company Market (UPCoM) this year.

Foreign investors net bought 1.642 trillion VND (70.33 million USD) worth of shares on the Unlisted Public Company Market (UPCoM) in the first six months of this year.

Vietnam's benchmark stock market index (VN-Index) hit a new record high on January 6 morning session after rising 6.07 percent to reach 1,528.57 points.

Vietnam's benchmark stock market index (VN-Index) hit a fresh record high on January 4 morning session after rising 19.67 points, reaching 1,517.95 points, much higher than the previous peak of 1.500 points.

Vietnam’s stock market saw another record this week, with the benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) closing at a new peak of 1,488.87 points, up 25.24 points, on November 24.

The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) set a new record high on November 8 morning, inching up 7.89 points to hit 1,464.4 points on the back of oil, insurance, securities, real estate and retail stocks.

Liquidity on Vietnam’s stock market hit a new record on November 3 with nearly 52 trillion VND (more than 2.2 billion USD) worth of shares traded on all bourses.

The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) reached a historic peak on the October 27 trading session, with cash flow increasing strongly and foreign investors returning to net buying trillions of VND after a period of consecutive net selling.

The Unlisted Public Company Market (UPCoM) is increasingly attracting investors thanks to the potential of its stocks.

The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) picked up 4.01 points to a new peak of 1,412.56 points in the last minutes of this morning’s trading session.

The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) rose 7.12 points to a new peak of 1,305.1 points on May 25 morning as several large cap stocks made significant gains.

Vietnam’s stock market suffered its sharpest drop in history on January 28 as a result of panic selling after new community transmissions of the coronavirus were reported.

Insurance companies performed well in Vietnam during the COVID-19 pandemic, but their shares have not attracted much attention from investors.

Banks are sprinting to transfer the listing of shares from Unlisted Public Company Market (UpCom) to official bourses before the Law on Securities takes effect from the beginning of 2021, which would require two-year listing on UpCom before a public company could go to official bourses.

Margin trading should be allowed on the Unlisted Public Company Market (UPCoM) to increase the exchange’s liquidity.

Vietnam's biggest telecom firm Viettel plans to divest capital in three affiliates to over 50 percent of capital this month and next month.

Vietnam Electricity (EVN) will auction more than 13 million shares in its affiliate Dong Anh Electrical Equipment Corporation JSC (EEMC) at the Hanoi Stock Exchange (HNX) on September 28.

Some UPCOM-listed companies are enjoying stable earnings brought by joint ventures they established with foreign partners, but their core businesses remain insignificant.

Vietnam’s largest refining and petrochemical firm, Binh Son Refining and Petrochemical JSC (BSR), reported total revenue of more than 31.7 trillion VND (1.36 billion USD) in the first half of this year, down 38 percent against last year.