Friday, December 15, 2017 - 22:56:53

stock exchange

Market volatile despite recovery

Business

Market volatile despite recovery

Financial stocks’ strong recovery lifted both local exchanges on December 14, but the market’s short-term prospects remained gloomy following the outflow of money.

Watchdog gives nod to Mobile World-Tran Anh M&A

Business

Watchdog gives nod to Mobile World-Tran Anh M&A

The Competition and Consumer Protection Department under the Ministry of Industry and Trade has given the go-ahead for the merger and acquisition (M&A) deal between the two largest local electronic retailers – The Gioi Di Dong (Mobile World) and Tran Anh Digital World.

Markets buoyed by Sabeco news

Business

Markets buoyed by Sabeco news

Shares performed well on the Ho Chi Minh Stock Exchange on December 12 on the efforts of energy and beverage stocks following news about the State’s divestment from largest brewer Sabeco and a jump in oil prices.

Three PetroVietnam subsidiary IPOs in three months

Business

Three PetroVietnam subsidiary IPOs in three months

Three big companies of the Vietnam National Oil and Gas Group (PetroVietnam) will make their initial public offerings (IPOs) in the next three months, under equitisation plans approved by Deputy Prime Minister Vuong Dinh Hue late last week.

Investor caution set to slow stock movements

Business

Investor caution set to slow stock movements

Shares are forecast to slow down this week in the face of rising profit-taking pressure after a long rally, net selling by foreign investors and uncertainty before the portfolio restructuring period of exchange-traded funds (ETFs).

SCIC sells 5.6 percent stake at Vinaconex

Business

SCIC sells 5.6 percent stake at Vinaconex

The State Capital Investment Corporation (SCIC) collected 137 billion VND (6 million USD) after auctioning 5.35 million shares of the Viet Nam Construction and Import-Export Joint Stock Corporation (Vinaconex) on the Hanoi Stock Exchange on December 8.

VN-Index up as divestment disappoints

Business

VN-Index up as divestment disappoints

Shares bounced back slightly on December 8 on the HCM Stock Exchange but slipped on the Hanoi bourse, affected by the somber result of the State Capital Investment Corporation’s (SCIC) divestment from Vinaconex.