Market

US remains Vietnam's largest export market in Q1

The United States continued to be the nation’s largest export market during the first quarter of the year, accounting for 29.1% of the country's total turnover.

Vietnam orders recall of certain Kinder products over salmonella concerns

Vietnam’s Ministry of Industry and Trade has ordered a recall of certain imported Kinder chocolate egg products, made by Italian confectionery group Ferrero, from the market over suspected salmonella infection.

VN-Index closes week in red

Vietnam’s benchmark VN-Index dropped 0.92 percent to 1,458.56 points Friday, closing the week with four sessions in the red.

Authorities freeze FLC ex-chairman’s asset

The Ministry of Public Security has ordered localities to suspend all trading activities concerning FLC ex-chairman Trinh Van Quyet’s real estate and shares after arresting him for alleged stock manipulation.

US cuts down anti-dumping duties on Vietnam’s honey by almost ...

The US Department of Commerce (DOC) has slashed the anti-dumping duties on Vietnam’s honey exporters by almost sevenfold compared to its preliminary conclusions, according to the Vietnamese Ministry of Industry and Trade.

Vietnam automaker VinFast files for U.S. IPO to fund expansion

VinFast had filed for an initial public offering (IPO) with U.S. securities regulators, as it plans spending of $4 billion on its first U.S. factory complex.

TTC Group chairman to sell his stakes in sugar subsidiary

Dang Van Thanh, chairman of conglomerate TTC Group, has registered to sell his 10 million shares in subsidiary TTC Sugar, Vietnam’s largest sugar company.

Billion-dollar companies account for 80 pct of Vietnam’s main bourse

The list, which has a combined market cap of VND4,700 trillion ($205.71 billion), consists of 17 banks and nine real estate developers.

Stock market has more than new 400,000 securities accounts in first two ...

Domestic investors opened 405,000 securities accounts in the first two months of 2022, according to statistics from the Vietnam Securities Depository.

VPBank raises foreign ownership limit to 17.5% from 15%

Prosperity Commercial Joint Stock Bank, known as VPBank, has announced to raise foreign ownership limit to 17.5% of charter capital.

Phu Nhuan Jewelry to sell 15 mln shares via private placement

Vietnam’s leading jewelry maker plan to issue 15 million shares at VND95,000 ($4.17) apiece, according to exchange filing.

Phu Nhuan Jewelry to pay 2021 first dividend at VND600 per share

Phu Nhuan Jewelry Company (HoSE: PNJ) plans to spend VND136 billion to pay the first tranche of 2021 dividend, according to the company statement.

Nova Consumer to sell 10% stakes in initial public offering at $1.9 ...

Nova Consumer Group, an arm of the multi-industry NovaGroup, has announced to proceed an IPO that enables it to sell 10.9 million shares, equivalent to 10% of charter capital, according to statement.

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Market

Gold consumption up 6 pct

Thai food giant to list on Vietnam stock exchange

Vietnam’s stock trading volume ranks second in ASEAN