Vietjet CEO named in 2018 Bloomberg 50 list Business

Vietjet CEO named in 2018 Bloomberg 50 list

CEO of budget carrier Vietjet Air Nguyen Thi Phuong Thao has been the first Vietnamese person to be named in the 2018 Bloomberg 50 (B50) list, which honours 50 icons and innovators changing the global business landscape in the past year.
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.
Stock market cap posts significant growth Business

Stock market cap posts significant growth

The market capitalisation of stocks and fund certificates has seen significant growth this year, equivalent to more than 80 percent of GDP and exceeding the goal set for 2020, according to an official.
Investment funds make modest gains Business

Investment funds make modest gains

Most investment funds in Vietnam’s equity market have recorded modest gains and were beaten by the growth of the benchmark VN-Index in the past three quarters.
Vinalines to debut on UPCoM on October 8 Business

Vinalines to debut on UPCoM on October 8

State-owned shipping firm Vietnam National Shipping Lines (Vinalines) will trade 5.4 million shares on the Unlisted Public Company Market (UPCoM) on October 8, announced by the Hanoi Stock Exchange.
Petrolimex: business on track following restructure Business

Petrolimex: business on track following restructure

Prime Minister Nguyen Xuan Phuc sent a working group to the Vietnam National Petroleum Group (Petrolimex) on September 25 to examine the firm’s implementation of tasks assigned by the Prime Minister and the Government so far.
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).
Vingroup listed in Asia’s Fab 50 Business

Vingroup listed in Asia’s Fab 50

Property developer Vingroup has been honoured by Forbes magazine in its list of Asia’s top 50 enterprises (Asia’s Fab 50 2018) for its rapid growth, vision and high performance for many years.
VN-Index exceeds 990 points on August 27 Business

VN-Index exceeds 990 points on August 27

The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) gained 4.87 points to stay at 991.92 points on August 27, with 189.5 million shares valued at more than 4.47 trillion VND (192 million USD) traded.
Vietnamese stocks continue rallying Business

Vietnamese stocks continue rallying

Vietnamese shares advanced on August 22 despite investors’ profit-taking as overall market sentiment remained positive about the possibility of resolving China-US trade tensions.
Doubts remain over EVN’s sub-unit IPOs Business

Doubts remain over EVN’s sub-unit IPOs

The failure of the Power Generation Corporation 3 (Genco 3) to sell its stake through initial public offering (IPO) has raised concerns about the upcoming IPOs of the two other similar companies – Genco 1 and Genco 2 – at the end of this year.
VN-Index pulled down by large-cap stocks Business

VN-Index pulled down by large-cap stocks

The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) dropped 16.9 points to settle at 961.37 points on August 15, with over 188.9 million shares changed hands at a value of over 4.45 trillion VND (191.3 million USD).