Three years after a groundbreaking decree opened public companies to foreign ownership, less than 4 percent of eligible firms have removed their foreign ownership ceiling.
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.
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.
PV Power will shift its listing from UPCoM to the HCM Stock Exchange by the end of this year, the company announced in its first shareholders’ meeting in Hanoi on June 26.
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.
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.
The VN-Index on the Ho Chi Minh Stock Exchange (HoSE) gained 9.77 points to stay at 1,030.53 points on June 13 after losing more than 18 points on the previous day.
The VN-Index on the Ho Chi Minh Stock Exchange (HOSE) dropped 18.26 points to settle at 1,020.76 points on June 12, with over 212 million shares changed hands at a value of over 6.38 trillion VND.
Vietnam’s benchmark VN-Index on Ho Chi Minh Stock Exchange (HOSE) gained by 0.01 point to end at 1,039.02 points on June 11.
The VN-Index ended with most stocks in green on June 8, the last trading day of the week, helping it maintain the uptrend of the previous days to rise by over two points to approximate 1,040 points.
The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) rose for the third day, gaining a total of 65.28 points after three transactions to settle at 1,013.78 points on June 4.
Vietnam’s benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) fell by 32.15 points to close at 931.75 points on May 28.
The gloomy mood weighed on the stock markets on May 25, the last transaction day of the week, with total transaction value reaching 5.44 trillion VND (239.3 million USD).
