Japanese energy firm ENEOS Corporation has registered to buy 25 million treasury shares of the Vietnam National Petroleum Group (Petrolimex), according to exchange filing.
Hundreds of stocks were offloaded as investors were thrown into a state of panic selling, causing the VN-Index to plunge by a historical record of 74 points Tuesday morning.
Orient Commercial Bank is expected to make debut on Ho Chi Minh Stock Exchange on January 28, offering over 1 billion shares at VND22,900 ($0.99) apiece, according to exchange filing.
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The State Treasury of Vietnam raised nearly VND324 trillion ($14 billion) through government bond auctions in 2020, beating whole-year plan by 8 percent, according to data from the Hanoi Stock Exchange.
Power Generation Corp. 2, a unit of Vietnam Electricity Group, gets approval to auction over 580 million shares on February 8, according to the Ho Chi Minh City Stock Exchange.
The number of new securities trading accounts opened by domestic individual investors surged 109 percent percent year-on-year, adding 392,527 new accounts in 2020, according to data from the Vietnam Securities Depository.
VN-Index increased by nearly 15% in 2020 and stock accounts for 84.3 percent of gross domestic product, said Finance Minister Dinh Tien Dung while opening the first trading session of stock market.
The VN-Index will continue gaining in 2021 without the turbulence seen last year, several securities firms predict.
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