The adoption of International Financial Reporting Standards (IFRS) will be compulsory for State-owned enterprises (SOEs), listed companies and large-scale unlisted public companies after 2025, according to a draft project the Ministry of Finance recently made public for comments.
The national carrier Vietnam Airlines (UPCoM: HVN) has gained approval of the Ho Chi Minh Stock Exchange (HoSE) to list its 1.4 billion shares on the southern bourse.
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 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.
The following are the top 10 outstanding events for Vietnam’s stock market in 2018 as selected by the Securities Journalists Club.
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 Securities Journalists Club has announced the top 10 outstanding events for Vietnam’s stock market in 2018.
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.
HNX30 Index continues to underperform
Selling pressure increased at the end of October 10's trading session while purchasing demand was not enough to save indices from falling.
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.
The State-owned Vietnam National Shipping Lines (Vinalines) raised just over 54.4 billion VND (2.34 million USD) from an initial public offering (IPO) at the Hanoi Stock Exchange on September 5.
Stocks struggled on August 30 morning, but buying force was overwhelming in the afternoon’s session, helping the market rebound.
The Ministry of Transport (MoT) has registered to buy 164.73 million shares of Vietnam Airlines, a move which will maintain its holding in the national flag carrier at 86.16 percent.
