Vietnamplus

The number of new listing firms on the two local bourses has remained modest in the first nine months of the year.

SSI Securities Corporation (SSI) again had the biggest stock-brokering market shares on both Hop Chi Minh and Hanoi stock exchanges in the third quarter of the year.

Lack of disclosed information, listing plans and risks of non-performing loans are dragging OTC-traded bank stocks down.

The Vietnam Travel and Marketing Transport JSC (Vietravel) will trade 12.6 million shares on the Unlisted Public Company Market (UPCoM) on September 27, insiders have said.

The Ministry of Transport (MoT) has proposed the Government buy back foreign-owned shares in the Airport Corporation of Vietnam (ACV) to ensure airports are operated properly.

The total number of companies trading on the Unlisted Public Company Market (UPCoM) reached 850 as of August 30, the Hanoi Stock Exchange (HNX) has announced.

The Hanoi Stock Exchange (HNX) has approved the listing of 45.7 million shares of Vietnam Television Cable Corporation (VTVCab) on the Unlisted Public Company Market (UPCoM) with the code CAB.

The Vietnam Securities Depository (VSD) granted licences to 464 foreign investors in July, including 58 institutional investors.

The Unlisted Public Company Market (UPCoM) has grown over the last 10 years and become more transparent, attracting increased interest from investors.

Merging the two national stock exchanges would improve efficiency and trading conditions, the 14th National Assembly heard at a meeting on June 6.

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.