Equitisation vital for stock market growth Business

Equitisation vital for stock market growth

The successful equitisation and capital divestment of State-owned enterprises (SOEs) would create benefits that boosted the stock market and business performance, experts have said.
BIDV sells 15 percent stake to RoK’s KEB Hana Bank Business

BIDV sells 15 percent stake to RoK’s KEB Hana Bank

The Bank for Investment and Development of Vietnam (BIDV) will float more than 603 million new shares, or 15 percent of its stake to the Republic of Korea’s KEB Hana Bank under its resolution No.696/NQ-BIDV issued on July 22.
Stock market needs product impetus Business

Stock market needs product impetus

There are many securities products that are widely used in other countries but have not yet appeared on the Vietnamese stock market, said Phan Duc Hieu, deputy director of the Central Institute for Economic Management (CIEM).
New securities law is a better fit for market Business

New securities law is a better fit for market

The new amended draft law on securities was revised based on the inheritance of the current Securities Law, broadening the scope of regulation and adopting a new approach more suited to market condition and overcoming the remaining limitations of the current law.
Relaxation of foreign ownership cap helps VN market raise status Business

Relaxation of foreign ownership cap helps VN market raise status

The new amended draft law on securities allowing full foreign ownership at public companies and investment funds would help Vietnam’s securities market be included in the Morgan Stanley Capital International (MSCI)’s review list for a potential reclassification to Emerging Markets status.
Sabeco to list at 320,000 VND Business

Sabeco to list at 320,000 VND

Shares of the Saigon Beer, Alcohol and Beverage Corporation (Sabeco) - Vietnam’s biggest brewer - will be offered at an initial price of 320,000 VND (14 USD) each on December 18.
Securities market needs an overhaul Business

Securities market needs an overhaul

Vietnam needs to accelerate the restructuring of the stock exchange by enhancing hedging instruments and diversifying products to drive more foreign capital into the securities market.
Business

Foreign ownership law lifts securities market

The securities market in HCM City has seen positive changes since the issuance of Government Decree 60/2015 which would permit a higher rate of foreign ownership in domestic public companies.
Business

Vinamilk shares boost market

The VN-Index ended a three-day losing streak in trading on June 27 on the HCM Stock Exchange, ending the first session of the week at 434.25 points, a gain of 0.2 percent over the previous session's close on June 24.