Vietnamplus

Domestic and foreign capital flow is expected to bolster real estate shares after the COVID-19 pandemic as many investors are paying attention to the industry.

Vice Chairman of the Spanish Chamber of Commerce in Vietnam Rubén Saornil Mínguez recently appreciated efforts by the Vietnamese Government, businesses and fishermen in fighting illegal, unreported and unregulated (IUU) fishing following the European Commission (EC)’s recommendations.

SSI Securities Corporation topped the list of 10 largest securities companies in the third quarter of this year recently announced by the Ho Chi Minh Stock Exchange, with a 11.8 percent market share.

Listed plastic companies have seen their market values expand 15-50 percent in the last two months on low oil prices and increased consumption.

Securities companies earned a profit of 1.66 trillion VND (71.8 million USD) from selling local equities in the January-September period.

Excessive fishing has caused fish stocks in the East Sea to plunge 95 percent since 1950, a recent report of the Centre for Strategic and International Studies (CSIS) showed.

Billions of banking stocks are about to flood the market with banks planning to pay stock dividends and issue new shares to raise their charter capital.

Since the first coronavirus cases were detected in Vietnam in March, the outlook for air transport-related stocks has remained negative.

Seaport companies still reported positive earnings despite the impacts of the COVID-19 pandemic.

Despite short-term difficulties, the prospects for industrial park stocks will increase after the COVID-19 pandemic is over, driven by the relocation of global firms to diversify supply chains, with many picking Vietnam as their destination.

Many Chinese funds are pouring capital into the Vietnamese stock market because of low valuations and further loosening of foreign ownership in the near future.

The domestic exchange-traded fund VFMVN Diamond (HoSE: FUEVFVNĐ) on September 8 issued an additional 300,000 certificates to raise the total amount of certificates to 148.3 million.

Investment funds involved in Vietnam’s equity market reported positive growth in net asset value (NAV) in August due to a stock market upturn.

The Vietnam Manufacturing Purchasing Managers' Index (PMI) fell to 45.7 in August from 47.6 in July as the effects of COVID-19 led to a deterioration of business conditions in the country’s manufacturing sector, the latest survey by IHS Markit released this week showed.

The State Securities Commission’s draft circular to replace an older one on the guidelines for securities trading is in line with modern trends, perfecting financial products and their diversities, adjusting trading time to suit the needs of domestic and foreign investors, said an expert.

Japanese DI Asia Industrial Fund (DIAIF) announced it would sell all shares in Viet Nhat Medical Equipment from August 27 to September 25.

Many members of the Food and Foodstuff Association of Ho Chi Minh City have promised not to increase the prices of goods, especially essential goods, to share consumers’ difficulties amid the COVID-19 outbreak.

Although there are some listed property developers worth investing in, challengers are still aplenty, especially as earning don’t normally surge until the final quarter of the year.

The Hapaco Group JSC has approved five projects with combined capital of 2.8 trillion VND (121.3 million USD).

Exchange-traded fund (ETF) SSIAM VN30 on August 18 officially listed 5.6 million shares, worth 56 billion VND (2.4 million USD), on the Ho Chi Minh City Stock Exchange (HOSE).