The Hanoi Stock Exchange (HNX) eyes 308 billion VND (13.2 million USD) in pre-tax profit in 2019, up 0.3 percent year on year, and 594.3 billion VND in total revenue, up 5.66 percent year on year.
Investors may keep betting on bank stocks this week, securities firms said, but selling pressure may weigh on the market’s overall performance as local stocks are considered as being overbought in recent days.
Media group Yeah1 will sell its entire stake in the US-based ScaleLab LLC following an incident with YouTube.
Prime Minister Nguyen Xuan Phuc has approved a new plan that focuses on restructuring the securities market until 2025.
The liquidity on the derivatives market has shown signs of improvement and stabilising in the past two weeks, beating previous projection that the new trading fees may discourage them from derivative trading.
The sharp decline of the stock market in the final months of 2018 has had little impact on the yearly business results of securities companies.
Dragon Capital, a Ho Chi Minh City-based fund management company, has become a major shareholder in Vietnam’s three biggest securities firms.
The Ho Chi Minh Stock Exchange (HOSE) on January 5 announced the top 10 securities companies with the largest brokerage share and fund certificates in the fourth quarter of 2018.
Analysts and securities firms are hoping Vietnamese shares will perform better in 2019, but there are still many challenges that will clearly weigh on market sentiment.
Vietnam was one of three countries added onto FTSE Russell’s watch list for a possible future upwards reclassification.
The State Securities Commission (SSC) will enhance the quality of securities firms by shutting down and revoking licences of financially-weak companies to ensure the sector is healthy.
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.
Ways to build and effectively operate internal audit along with international practice in the field were introduced to listed and securities companies at a workshop in Ho Chi Minh City on August 15.
Forbes Vietnam on July 26 organised a ceremony to honour Vietnam’s top 50 listed companies in 2018, which account for 70.8 percent of total market capitalisation on the HCM and Hanoi stock exchanges.
Forbes Vietnam has announced Vietnam’s 50 top listed companies for 2018, which account for 70.8 percent of total market capitalisation on the HCM and Hanoi stock exchanges.
The Republic of Korea (RoK) is currently the biggest foreign investor in Vietnam, and its increasing presence in Vietnam’s stock market is helping attract indirect Korean investment in the country, said Chairman of the State Securities Commission of Vietnam (SSCV) Tran Van Dung.
Vietnam’s benchmark VN Index marginally surpassed the record high of 1,170 points on March 22 as energy stocks remained upbeat and insurers and agriculture firms performed strongly as well.
The Vietnam Railway Corporation hopes to raise at least 6.2 million USD in 2018 from selling its ownership in 15 subsidiary and affiliate companies, reported online newspaper baodautu.vn.
