Business

Techcombank shares to be listed on HOSE on June 4

Techcombank will begin selling its 1.1 billion shares coded TCB on the Ho Chi Minh City Stock Exchange on June 4 with a starting price of 128,000 VND (5.62 USD) per share.
Techcombank shares to be listed on HOSE on June 4 ảnh 1Techcombank’s board of directors answered questions at the pre-listing conference on May 23 (Source: VNA)

Hanoi (VNA) – The Vietnam Technological and Commercial Joint Stock Bank(Techcombank) will begin selling its 1.1 billion shares coded TCB on the Ho ChiMinh City Stock Exchange (HOSE) on June 4 with a starting price of 128,000 VND(5.62 USD) per share.

At the price, the bank is valued at 149 trillion VND (6.5billion USD), making it Vietnam’s second-biggest listed bank after State-ownedVietcombank at 192 trillion VND (8.4 billion USD).

Techcombank’s capitalisation is even higher than that of theBIDV and Vietinbank, whose charter capital is three times higher in comparison.

Last month, Techcombank raised 922 million USD in one of thecountry’s biggest initial public offerings (IPO). Singapore wealth fund GIC,Fidelity Management and Research, and Dragon Capital are among the funds comingin as cornerstone investors.

Techcombank also planned to raise charter capital by threetimes from the current 11 trillion VND (481 million USD) to 35 trillion VND(1.5 billion USD) after its listing debut to better compete with not only localrivals but also regional ones. It will organise an abnormal shareholder meetingon June 14 to approve the charter capital listing.

It will issue more than 2.3 million common shares with parvalue of 10,000 VNA each (0.4 USD) to increase its charter capital.

Last year, the bank’s total asset was 269.3 trillion VND(11.8 billion USD) and integrated pre-tax profit was 8 trillion VND (351.2million USD), double than 2016. The return on equity (RoE) surged to 27.7percent — the highest level among banks in Vietnam.

The 25-year-old bank provides a broad range of bankingproducts and services to more than 5.4 million Vietnamese customers. It has anextensive network of 315 branches across the country.-VNA
VNA
#Techcombank #TCB #Ho Chi Minh City Stock Exchange #HOSE #listed bank #initial public offerings #Vietnamplus #Vietnam News Agency
Follow VietnamPlus

Related News

Banks eye consumer finance for bigger share

Banks eye consumer finance for bigger share

Several banks are keen to establish consumer finance arms to grab a bigger share of a market that is expected to reach 1,000 trillion VND (4.38 billion USD) by 2020 and grow at 29 percent annually.

See more

Officers and soldiers of Son Tra Border Guard Station, Da Nang City Border Guard Command tell local fishermen about IUU fishing. (Photo: VNA)

Fishing solidarity groups help Vietnam with IUU “yellow card” warning removal

Over the years, coastal authorities in Da Nang have intensified efforts to educate fishermen about regulations, particularly the need to avoid illegal fishing in foreign waters. Local administrations and competent forces have also strengthened vessel registration and inspection procedures, installed vessel monitoring systems and ensured transparent declarations of catches at ports.

Representatives of Central Retail Vietnam and Lotte Plaza Market sign a distribution cooperation agreement at the networking event in Ho Chi Minh City on March 13. (Photo: VNA)

Vietnamese firms step up cooperation with international distribution chains

Connecting Vietnamese businesses with international distribution networks has been a key component of government-led trade promotion programmes for many years, which are designed to help domestic companies place goods directly into global retail systems rather than exporting solely through intermediaries.

Direct Hanoi–Amsterdam flights by Vietnam Airlines to begin on June 16. (Photo: Vietnam Airlines)

Vietnam Airlines to launch direct Hanoi–Amsterdam service on June 16

Under the plan, the Hanoi–Amsterdam route will commence operations on June 16, 2026, with an expected frequency of three return flights per week using modern wide-body Airbus A350 aircraft. This will be the first direct air link between Vietnam and the Netherlands, helping to shorten travel time and enhance connectivity between Vietnam and one of Europe’s key economic, logistics and aviation transit hubs.

Farmers harvest the 2025 Winter–Spring rice crop in An Giang province. (Photo: VNA)

An Giang accelerates export shift to meet green consumption trends

To enhance competitiveness, authorities are assisting businesses in obtaining globally recognised certifications such as GlobalG.A.P., Organic and HACCP, enabling key exports including rice, seafood and clean agricultural products to strengthen their position in global markets, according to Quang Xuan Lua, Director of the An Giang Centre for Trade and Investment Promotion.

Motorcycle riders refill their vehicles at a petrol station in Hanoi (Photo: VNA)

E5 RON92 biofuel price falls in latest adjustment

Since the beginning of this year, domestic fuel prices have undergone 14 adjustments, including five decreases and nine increases for RON95 and six declines and eight hikes for E5 RON92. Meanwhile, diesel price has fallen three times and risen 11 times.

A French customer is tasting Vietnamese lychee. (Photo: VNA)

Vietnamese agricultural products boost global brand recognition

Vietnam aims to achieve about 74 billion USD in agro-forestry-fishery export turnover this year. Expanding value-added products, improving quality standards and strengthening brand building, especially through international supermarket systems, will be key to enhancing the competitiveness and global recognition of Vietnamese agricultural products.

An apartment building developed by BCONS in Binh Duong (Photo: VNA)

Resolution 68 boosts businesses entering market

By the end of 2025, Vietnam had more than one million active enterprises. In the first two months of 2026, about 64,500 enterprises entered or re-entered the market, up 29.4% year-on-year, averaging 32,200 newly established or returning businesses per month.

A Vinh Long official introduces signature local products to Korean guests. (Photo: VNA)

Vinh Long courts Korean investment in key sectors

Vice Chairman of the provincial People’s Committee Nguyen Truc Son vowed to accompany investors and provide them with optimal conditions, while building a transparent and stable business environment to secure long-term engagement from foreign enterprises, particularly those from Daejeon.

Delegates at the launching ceremony (Photo: VNA)

Digital platform on overseas market development launched

With Vietnam’s network of 64 trade offices overseas, Deputy PM Son noted that connecting them through a modern digital platform could help establish a unified national trade information system that operates efficiently, transparently and with strong forecasting capacity.

The Government’s issuance of Decree No. 72/2026/ND-CP revising preferential import tariffs on several petrol products and raw materials is a timely move to diversify supply sources. (Photo: VNA)

Fuel import tariff cuts strengthen Vietnam’s energy resilience: experts

Economic expert Dinh Trong Thinh said revising fuel import tariffs helps diversify supply sources and reduce reliance on traditional markets, thereby strengthening Vietnam’s ability to cope with potential global supply shocks. Ensuring access to multiple energy sources is also vital for safeguarding national energy security, he added.

Leaders of Dak Lak province inspect IUU fishing prevention and control efforts at Phu Lac fishing port, Hoa Hiep ward. (Photo: daklak.gov.vn)

Dak Lak readies for EC mission on anti-IUU fishing efforts

Dak Lak province is completing preparations for an upcoming European Commission (EC) inspection on efforts to combat illegal, unreported and unregulated (IUU) fishing, with a view to having the fisheries “yellow card” removed.

Vietnamese Ambassador to Argentina Ngo Minh Nguyet speaks at the event. (Photo: VNA)

Vietnam, Argentina promote trade, investment cooperation

On relations with South America, Nguyet noted that in December 2025, Vietnam and the Southern Common Market (MERCOSUR) announced the launch of negotiations for a Preferential Trade Agreement (PTA). She expressed her hope that the agreement will be signed soon, thereby further boosting trade and investment between Vietnam and MERCOSUR member states, including Argentina.