Nam A Bank has got approval from Hanoi Stock Exchange to list 389 million shares on the UPCoM market with reference price at VND13,500 ($0.58) apiece, according to exchange filing.
Vietnam’s stocks rallied the most in seven weeks on Friday, helping the benchmark gauge erase its year-to-date losses.
VIB has received approval for listing on the Ho Chi Minh Stock Exchange, the second lender to list this year after LienVietPost Bank.
The State Capital Investment Corporation (SCIC) has announced to sell its entire 36.3 percent stake, or 44.2 million shares, in the Vietnam Vegetable Oils Industry Corporation, according to the Hanoi Stock Exchange.
- Vietnam’s stocks erase 2020 losses amid optimism over economy, Bloomberg 1
- Main stock exchange to list two new bank stocks 2
- SCIC to sell entire stake in cooking oil giant Vocarimex 3
- Viettel Post shares to be auctioned at VND104,800 apiece 4
- Vietnam’s military-run telecom giant Viettel to sell 6% stake in Viettel Post 5
- Nam A Bank to list 389mln share on UPCoM at VND13,500 apiece 6
Military-run Viettel plans to auction 4.98 million shares, or 6 percent stake in Viettel Post at initial price of VND104,800 ($4.5) apiece, according to Hanoi Stock Exchange’s filing.
The divestment of 6 percent stake in Viettel Post will be done through a public auction at the Hanoi Stock Exchange. It is expected that the auction to be held in November.
José Mourinho, one of the best football managers and two times UEFA Champions League winner, has been appointed as global brand ambassador for XTB, an international finance service provider.
Vietnam, the world's biggest producer of robusta, has become the top supplier of coffee beans for Japan as consumption of instant coffee, which uses robusta, is soaring there amid the Covid-19 pandemic.
Domestic gold price dropped sharply on Wednesday morning to VND51 million ($2,209) following a strong decrease on global gold price when Russia announced progress in developing a novel coronavirus vaccine.
Gold prices in Vietnam climbed to a new peak, as global rates hit an all-time high.
The VN-Index plummeted 3.22 percent to 829.16 points Friday after official reports of the first possible local Covid-19 transmission in three months were released.
The domestic SJC gold price moved higher to surpass VND51 million per tael for the first time on July 21, marking its highest level since August 2011.
State Capital Investment Corporation (SCIC) has announced to put its entire 5.87% stake, or over 46 million shares, in FPT Corporation on the Ho Chi Minh City Stock Exchange on August 7.
The domestic SJC gold price surpassed the VND50 million ($2,156) per tael mark for the first time on July 7, reaching its highest level since August 2011 in the process.
Ban Viet Commercial Joint Stock Bank, known as Viet Capital Bank got approval from Hanoi Stock Exchange to list 317.1 million shares on the Unlisted Public Company Market (UpCOM), exchange filings say.
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.