Market

ACB gets approval to move 2.16bln shares to Ho Chi Minh Stock Exchange

Vietnamese lender ACB has got approval to move 2.16 billion shares to the Ho Chi Minh Stock Exchange from, the country’s main bourse, from Hanoi Stock Exchange, according to exchange filing.

German company plans complete takeover of Vietnamese pharma firm

Pharmaceutical giant STADA has raised its stake in Vietnam's Pymepharco to 80 percent and is now seeking full ownership without submitting a bid for the purchase.

Phat Dat Real Estate proposed to MSCI Frontier Market 100 index

Real estate firm Phat Dat has been proposed to the MSCI Frontier Market 100 index, according to October report from the world leading index research and analysis organization Morgan Stanley Capital International.

Vietnam’s stocks erase 2020 losses amid optimism over economy, ...

Vietnam’s stocks rallied the most in seven weeks on Friday, helping the benchmark gauge erase its year-to-date losses.

Main stock exchange to list two new bank stocks

VIB has received approval for listing on the Ho Chi Minh Stock Exchange, the second lender to list this year after LienVietPost Bank.

SCIC to sell entire stake in cooking oil giant Vocarimex

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.

Viettel Post shares to be auctioned at VND104,800 apiece

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.

Vietnam’s military-run telecom giant Viettel to sell 6% stake in Viettel ...

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.

Football manager José Mourinho becomes ambassador for finance service provider ...

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.

Nam A Bank to list 389mln share on UPCoM at VND13,500 apiece

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 becomes Japan’s biggest coffee supplier on pandemic

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.

Gold drops like a rock to VND51 million per tael

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.