Business

Shares rise in HCM City, stall in Hanoi

The VN-Index gained another 0.24 percent to close at 461.13 points on March 31, but trading on the HCM Stock Exchange remained in the doldrums, declining 19 percent from the previous day's session.
Business

PVN Securities changes plans

PetroVietnam Securities Inc (PSI) will issue over 8.9 million shares to strategic foreign investors in the first quarter at a price of 15,000 VND (0.70 USD) per share, if the plan is approved by the firm’s upcoming annual shareholders meeting.
Business

Vietcombank lowers this-year profit target

Vietcombank shareholders on April 19 approved a lower profit target for the year, cutting the bank’s estimated take this year by 10 percent from earlier forecasts to 4.5 trillion VND (236.84 million USD).
Business

Vietinbank to increase charter capital

At the meeting, Hung clarified for shareholders a rumours that the bank had suffered losses of millions of dollars by leasing land in the Ciputra project that was never conveyed.
Business

Property giant HAGL sets sights high

Shareholders of the HCM City-listed Hoang Anh Gia Lai Group, which has interests in property, hydropower development and rubber farming, have approved the management's plans to set higher turnover and profit figures for this year.