Vietcombank plans to raise charter capital via share issuance Business

Vietcombank plans to raise charter capital via share issuance

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) plans to increase its charter capital for the 2020-2021 period by paying dividends in shares and issuing additional shares, according to documents of the upcoming annual shareholders’ meeting scheduled for June 26.
Vietnam - a magnet for M&A deals Business

Vietnam - a magnet for M&A deals

Vietnam has become a favoured destination for merger and acquisition (M&A) deals for foreign investors, particularly those from the Republic of Korea (RoK), China’s Hong Kong, Singapore and Japan as the Asian multinationals see the benefits of having presence in one of the region’s fastest-growing economies.
SHB to raise capital again this year Business

SHB to raise capital again this year

The Saigon – Hanoi Bank (SHB) plans to raise its charter capital by more than 1.2 trillion VND (52.8 million USD) to 13.24 trillion VND (582.56 million USD) in 2018.
Vietnam Airlines ends year with record pre-tax profit Business

Vietnam Airlines ends year with record pre-tax profit

National flag carrier Vietnam Airlines ended 2017 with pre-tax profit hitting a record high of over 2.8 trillion VND (123.2 million USD), an increase of 8.3 percent from the previous year and 72 percent higher than the yearly target.
VN-Index gains slow on uncertainty Business

VN-Index gains slow on uncertainty

Shares struggled to rise on the Ho Chi Minh Stock Exchange on October 19 as investor sentiment turned negative on the current market trading condition.