Market

Becamex to move over 1 billion shares to Vietnam’s main stock exchange

Industrial park and township developer Becamex IDC will move its listing from UPCoM to the Ho Chi Minh City Stock Exchange, the country’s largest stock exchange.

Foreign funds strive to exit logistics firm Gemadept

UK-based Vietnam Investments Fund II registered to sell more than 42.8 million shares in Gemadept (HoSE: GMD), the remaining14.44% stake at the Vietnamese logistics firm.

Vietnamese Stocks Get Cheaper, But There Aren’t Many to Trade: Bloomberg

A recent retreat in Vietnamese stocks has brought the market’s valuation back below its five-year average. While that’s the cheapest level in a year, tapping this opportunity is easier said than done.

Masan’s meat unit to list 324 million shares at VND80.000 a piece

Masan MEATLife, a subsidiary of Masan Group to list shares on the Unlisted Public Company Market with reference price at VND80.000 ($3.42) apiece on December 9th, according to Hanoi Stock Exchange.

ThaiBev considering a Singapore IPO of $10 billion brewery business: ...

Thai Beverage is considering an initial public offering of its brewery business in what could be the biggest listing in Singapore in close to a decade.

Proposal to merge Hanoi and Ho Chi Minh City stock exchanges on hold: ...

For the time being, the government would redefine functions and responsibilities of each stock exchange, ensure no overlapping in operations.

Local players lead the race in Vietnam’s potential retail market

Domestic retailers are showing strength to their foreign rivals.

Sales of feature phones remain steady in Vietnam : VnEconomy

Around 37% of 1.7 million phones sold in Vietnam during September were feature phones, according to the latest report from market researchers GfK.

FLC Group’s subsidiary fined $17,200 for offering unregistered stocks

Vietnam's State Securities Commission on Tuesday fined FLCHomes Real Estate Development and Investment JSC for offering unregistered securities to the public.

Local fashion brands struggle to keep market share following Uniqlo, H&M, Zara ...

The three international clothing retailers with over 2,000 stores worldwide each are competing for Vietnam market share. The arrival of international fashion brands could be a threat for local ones.

Heineken no longer major shareholder of Sabeco

Heineken sold 5.2 million ordinary shares of Saigon Beer - Alcohol - Beverage Joint Stock Corporation (HoSE: SAB), reducing its ownership to 2.47 million shares or 0.39 percent of shares.

Vietnam pork prices hit five-year high towards nearly $9 a kilo

Months ago, Vietnamese consumers refused to buy pork since the deadly African swine fever hit local farms. Now, they are rushing to buy the meat at exorbitant prices. .

Vietnamese businesses still reluctant to list shares: VietnamNet

The number of companies which listed shares or are planning to list shares in 2019 remains very modest.

Vietnamese listed companies report $3.16 billion net profit in 3Q

About 832 businesses, most of listed companies on the Vietnamese stock market, generated profits of $3.16 billion profit during the previous quarter, up 22.8 percent from a year earlier.

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Market

Aeon Group plans to have 20 Vietnam mega supermarkets by 2025

Uniqlo’s owner Tadashi Yanai calls Vietnam a ‘land of promise’: Nikkei Asian Review

Several Vietnam’s banks fail to have shares traded on market this year