Business

Vietinbank aims for Vinalines ports stake

Vietinbank, the second-largest bank by assets, would like Vietnam National Shipping Lines (Vinalines) to name it as a strategic investor at member ports after the initial public offerings (IPO).
Business

IPO market highlighted in Q1

The first quarter of the year witnessed an unprecedented surge in initial public offerings by state-owned businesses, the Saigon Times Daily reported on April 8.
Market recovery paves way for IPOs Business

Market recovery paves way for IPOs

The stock market is appealing more to the investors with the VN-Index advancing nearly 20 percent, while the HNX-Index soaring 30 percent in the first three months of this year, coupled with the trading value reaching trillions of dong per session.
Business

Foreign investors call for faster economic reforms

Foreign investors are demanding an even faster equitisation and non-core business divestment to open up more investment opportunities, despite recent moves by the Government to pick up the pace, according to the Vietnam Investment Review (VIR).
Business

SOEs asked to report profits

Deputy Prime Minister Vu Van Ninh has asked ministries and ministerial-level agencies to direct State-owned groups and corporations to report their profits and dividends.
Business

Securities Commission cracks down on insider trading

The State Securities Commission (SSC) said it will develop mechanisms to better co-operate with the Finance, Post and Telecommunications and Public Security Ministries and State Bank of Vietnam to tackle insider trading and activities that distort the market.
Business

State business share sales to see breakthrough

The number of State-owned enterprises (SOE) to change ownership status was expected to surge after a long period of standstill if the Government cleared a decree on SOE equitisation, said an official
Vietnam Airlines plans IPO Business

Vietnam Airlines plans IPO

Major companies including Vietnam Airlines and the Vietnam Industry Construction Group are planned to make initial public offerings this year.
Business

Firms falter in plans to issue shares

Listed companies on the two national stock exchanges have completed only 48 percent of additional share issues targeted for this year, although 81 percent of planned stock splits have been carried out, according to a report from Saigon Securities Inc (SSI).
Business

Hanoi Exchange grows to 2 bln USD in market capitalisation

From its humble beginnings five years ago as the Hanoi Securities Trading Centre, the Hanoi Stock Exchange has increased from just six listed shares to a total of 266, representing current market capitalisation of 37.5 trillion VND (2 billion USD).
Business

Vietnam - "cheap" stock market, says investor

Vietnam , together with Nigeria , Kazakhstan and Ukraine , is among "particularly cheap" so-called frontier stock markets even as developing nations face a "correction" that may exceed 20 percent, investor Mark Mobius said.