Vietnamplus

Upturn was seen in the majority of shares on April 8, as motivated by the growth of oil and gas firms as well as banking shares.

The Hanoi Stock Exchange (HNX) eyes 308 billion VND (13.2 million USD) in pre-tax profit in 2019, up 0.3 percent year on year, and 594.3 billion VND in total revenue, up 5.66 percent year on year.

The Binh Son Refining and Petrochemical Company (BSR), a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam – PVN), grossed over 112 trillion VND (4.83 billion USD) in revenue in 2018 thanks to the production and sale of over 7 million tonnes of its products.

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has offered to sell more than 2.3 million shares it owns in the national carrier Vietnam Airlines.

Several local banks are reportedly determined to list on stock markets in 2019 after delaying last year.

PV Oil’s locking of the foreign ownership ratio at 6.6 percent is a temporary measure before the Government endorses its new capital divestment plan, said General Director Cao Hoai Duong.

The Hanoi Stock exchange (HNX) has improved its share, bond and derivatives markets considerably in 2018 and will continue to enhance the markets’ operation in 2019.

The PetroVietnam Power Corporation (PV Power) will cancel the trading of more than 467.8 million shares on the Unlisted Public Company Market (UPCoM) on December 28, the Hanoi Stock Exchange (HNX) has announced.

The Unlisted Public Company Market (UPCoM) has gained less attention compared to the Ho Chi Minh and Hanoi stock exchanges in the past few months, but there are some names expected to boost investor confidence.

More than 2.34 billion shares of the PetroVietnam Power Corporation (PV Power) will be listed on the Ho Chi Minh Stock Exchange (HoSE) under the code POW on January 14, 2019.

The market capitalisation of stocks and fund certificates has seen significant growth this year, equivalent to more than 80 percent of GDP and exceeding the goal set for 2020, according to an official.

State-owned shipping firm Vietnam National Shipping Lines (Vinalines) will trade 5.4 million shares on the Unlisted Public Company Market (UPCoM) on October 8, announced by the Hanoi Stock Exchange.

The Vietnam Thuong Tin Commercial Joint Stock Bank (VietBank) targets to list its shares on the Unlisted Public Company Market (UPCoM) within a year of increasing charter capital to more than 4.25 trillion (181 million USD) in 2018.

Vietnam National Shipping Lines (Vinalines) is due to sell more than 280 million shares in its initial public offering (IPO) at the Hanoi Stock Exchange (HNX) in early August.

The VN-Index of the southern bourse gained nearly 14 points to surpass 980 points on June 22, a recovery after the benchmark index suffered from several tumbles in previous trading sessions.

Shares closed the June 21 session in the red on both local stock exchanges as the selling pressure had been dominating since the beginning of morning session, despite the positive performance recorded on the previous day.

The Binh Son Refining and Petrochemical One Member Co Ltd (BSR), a subsidiary of PetroVietnam, pocketed nearly 54 trillion VND (2.37 billion USD) in revenue in the first six months of the year, accounting for 69 percent of the yearly plan.

Shares declined as the downward trend on the previous day continued, forcing the benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) to lose 25.18 points to close at 962.16 points on June 19.

After losing up to 15 points on June 14, the VN-Index of the Ho Chi Minh Stock Exchange (HoSE) struggled to regain lost ground, ending up just nearly 1 point from the previous day.

The stock market ended in the red on June 14 when both VN-Index and HNX-Index fell in the two bourses.