Vietnamplus

Increasing internet and mobile network coverage has changed the way Tran Van Toan, a stock investor with 15 years’ experience in Hanoi, does business.

The Ho Chi Minh Stock Exchange (HOSE) has received dozens of documents from listed companies asking to extend the deadline for the disclosure of this year's financial statements.

The number of investors opening new accounts in 2019 fell from the previous year, according to the Vietnam Securities Depository (VSD).

Shares in securities companies seem to have lost their shine for investors in the face of fierce competition from foreign-invested firms.

Although the Unlisted Public Company Market (UPCoM) attracts less attention from investors than the Ho Chi Minh and Hanoi stock exchanges, the market still offers potential opportunities for market players who thoroughly understand it.

The Ho Chi Minh Stock Exchange (HOSE) has introduced three new stock indices developed based on the investment requirements of local funds.

The top 60 biggest companies by market capitalisation and trading liquidity on the two local stock exchanges saw combined post-tax profit gain of 22.5 percent to 46.75 trillion VND (2 billion USD) in the third quarter of 2019.

The State should hold 100 percent capital at the Vietnam stock exchange, expected to be merged from the two current bourses under the revised draft Law on Securities, an official said.

The number of new listing firms on the two local bourses has remained modest in the first nine months of the year.

Nearly 40 listed companies on Vietnam’s two local exchanges will be honoured at the Best Listed Companies Awards 2019 in November.

A total of 117 trillion VND (5.03 billion USD) worth of corporate bond notes were raised in the first eight months of 2019, according to SSI Securities Corporation’s research unit.

Vietnam’s biggest dairy producer Vinamilk has topped the Forbes Vietnam’s list of 50 largest listed companies for another year.

The two national stock exchanges will be merged into one single stock exchange and named the Vietnam Stock Exchange which will be headquartered in Hanoi.

Tai Viet JSC – Vietstock and finance and life newswire Fili.vn on August 9 announced and honoured a list of listed companies with the best investor relations.

Vietnam’s benchmark VN-Index has risen since the ratification of the EU-Vietnam trade agreement on the back of listed firms whose exports would be boosted by the deal.

The Unlisted Public Company Market (UPCoM) has grown over the last 10 years and become more transparent, attracting increased interest from investors.

The Japan International Cooperation Agency (JICA) and the State Securities Commission (SSC) on June 20 jointly held a seminar to launch the “Project for Capacity Building on Improving Fairness and Transparency of Vietnamese Equity Market”.

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has been named in the 17th annual Global 2000 – Forbes’ ranking of the World’s Largest Public Companies in 2019.

Merging the two national stock exchanges would improve efficiency and trading conditions, the 14th National Assembly heard at a meeting on June 6.

Forbes Vietnam on June 3 announced Vietnam’s 50 top listed companies for 2019. The firms accounted for 63 percent of total market capitalisation on the Ho Chi Minh and Hanoi stock exchanges in mid-May.