Thursday, June 20, 2019 - 13:56:02

annual shareholder meeting

SHB plans to raise charter capital to over 17.57 trillion VND

Business

SHB plans to raise charter capital to over 17.57 trillion VND

The Saigon-Hanoi Commercial Joint Stock Bank (SHB) has a plan to increase its charter capital by over 5.53 trillion VND (237.48 million USD) to more than 17.57 trillion VND (754.5 million USD) via public offering of shares and paying dividends in the form of additional stocks.

Vietcombank to cut stake in Eximbank

Business

Vietcombank to cut stake in Eximbank

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has offered to sell 45.6 million shares it is holding in the Vietnam Export-Import Joint Stock Commercial Bank (Eximbank).

PV Gas forecasts lower earnings for 2018

Business

PV Gas forecasts lower earnings for 2018

The PetroVietnam Gas Corporation (PV Gas), a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), is targeting 55.7 trillion VND (2.47 billion USD) in its total revenue and 6.43 trillion VND (283.2 million USD) in post-tax profit for 2018, heard the company’s annual shareholder meeting last week.

HAGL forecasts 1.6 percent revenue drop in 2017

Business

HAGL forecasts 1.6 percent revenue drop in 2017

Agriculture firm Hoang Anh Gia Lai (HAGL) has predicted 6.33 trillion VND (281.5 million VND) in total revenue and 552 billion VND in pre-tax profit in 2017, the company announced at its recent annual shareholder meeting.

Sacombank board names new chairman

Business

Sacombank board names new chairman

Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank)’s annual shareholder meeting on June 30 officially appointed Duong Cong Minh as the new chairman for tenure 2017 – 2021.

Stocks rise further on banks

Business

Stocks rise further on banks

Vietnamese stock indices ended on a positive note on June 14, led by banks, insurance companies and agriculture firms on positive market information.