The VN-Index edged down 0.05 percent to 899.43 points Tuesday, but this is only a provisional result due to a system error, officials said.
The increase of Sabeco and other major stocks led the benchmark VN-Index on the Ho Chi Minh Stock Exchange to 847.61 points, up 0.62 percent in Friday trade.
A consortium led by KKR that includes Temasek completed the acquisition of 6% stake in Vinhomes, a real estate arm of Vietnam’s largest private conglomerate Vingroup, KKR said in a statement.
Global fund managers are starting to return to Vietnam’s stocks as the Southeast Asian nation emerges relatively little scathed from the coronavirus pandemic.
- Sabeco leads rally on Friday trade after Gov’t announces to sell entire stake 1
- KKR-led consortium enters into a $650mln investment in Vinhomes 2
- Foreign Investors Return to Vietnam Stocks on Lockdown Success 3
- Vietnam hikes fuel prices for a third consecutive time, up VND1,000 per liter 4
- Vietnam’s rice exports in May jump 42% year-on-year, highest since 2009 5
- Vietnam seeks to raise $50mln in Hai Phong thermal power plant stake sale 6
Vietnam increased fuel prices for the third consecutive time on Friday when daily life and business returned to normal in the country.
Export quota removal has skyrocketed rice shipment in May by over 42% on-year to 953,950 tons, the highest level since 2009, according to data from the General Department of Customs.
Vietnam is seeking to raise $50 million by selling a 9% stake or 45 million shares in Haiphong Thermal Power via an auction on June 18, government's State Capital Investment Corp. announced.
The benchmark VN-Index gained to overcome the 900-point threshold in Monday’s morning trade and closed at 899.92 points in the afternoon, marking an increase of 13.7 points, or 1.55%, exchange data says.
Vietnam has reduced its most-favored-nation (MFN) rates for imported pork to 10% from 15% when the country is facing protein shortage due to the African swine fever outbreak killing domestic pig herds.
Vietnamese private lender is seeking approval to issue international bonds equivalent to 10% of its total customer deposit, according to documents prepared for annual shareholders’ meeting.
The third-largest conglomerate in South Korea has purchased 24.9% stake, or 12.3 million shares of Imexpharm, according to data from Vietnam Securities Depository.
Vietnam adjusted up fuel prices a second consecutive time after using the price stabilization fund, according to the Ministry of Industry and Trade and Finance Ministry.
Minister of Industry and Trade Tran Tuan Anh has ordered relevant agencies to strengthen inspection and strictly fine petroleum stations that refuse to sell fuel or increase prices.
Vietnam’s success in curbing coronavirus outbreak has helped push its stock market to become Asia's top performer in May, Bloomberg says.
About 60 US footwear importers will meet local manufacturers during an online trade event that will be organized between May 28 and 30 this year, Ministry of Industry and Trade said.
Vietnam increased retail gasoline prices Wednesday afternoon, after cutting prices for eight consecutive time since the international crude oil prices have plunged to their lowest in decades.