Minister of Finance plans to rearrange the securities trading market in a newly-promulgated Circular, a move towards the merging two national stock exchanges into one named the Việt Nam Stock Exchange.
Vietnam’s private conglomerate Masan Group has got approval from the State Securities Commission to raise foreign ownership limit to 100%, according to a statement posted on its website.
Ticker RIC of the Royal International Corporation has surged 755 percent since January despite the company reporting losses for years.
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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.
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.
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