Vietnam increased fuel prices for the third consecutive time on Friday when daily life and business returned to normal in the country.
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.
- Casino operator stock skyrockets despite sustained losses 1
- Japan’s ENEOS Corp. to raise stake in Petrolimex to 11 percent 2
- VN-Index plummets over 74 points 3
- Power firm EVNGENCO 2 to auction over 580 mln shares on Feb. 8 4
- OCB to list over 1 bln shares on HOSE at $0.99 apiece 5
- Vietnam raises over $14 bln via bond auctions in 2020 6
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.
A consortium led by KKR that includes Temasek completed the acquisition of 6% stake in Vinhomes, a real estate arm of Vietnam’s largest private conglomerate Vingroup, KKR said in a statement.
Global fund managers are starting to return to Vietnam’s stocks as the Southeast Asian nation emerges relatively little scathed from the coronavirus pandemic.
Export quota removal has skyrocketed rice shipment in May by over 42% on-year to 953,950 tons, the highest level since 2009, according to data from the General Department of Customs.
Vietnam is seeking to raise $50 million by selling a 9% stake or 45 million shares in Haiphong Thermal Power via an auction on June 18, government's State Capital Investment Corp. announced.
The VN-Index edged down 0.05 percent to 899.43 points Tuesday, but this is only a provisional result due to a system error, officials said.
The benchmark VN-Index gained to overcome the 900-point threshold in Monday’s morning trade and closed at 899.92 points in the afternoon, marking an increase of 13.7 points, or 1.55%, exchange data says.
Vietnam has reduced its most-favored-nation (MFN) rates for imported pork to 10% from 15% when the country is facing protein shortage due to the African swine fever outbreak killing domestic pig herds.
Vietnamese private lender is seeking approval to issue international bonds equivalent to 10% of its total customer deposit, according to documents prepared for annual shareholders’ meeting.
The third-largest conglomerate in South Korea has purchased 24.9% stake, or 12.3 million shares of Imexpharm, according to data from Vietnam Securities Depository.
Vietnam adjusted up fuel prices a second consecutive time after using the price stabilization fund, according to the Ministry of Industry and Trade and Finance Ministry.
Minister of Industry and Trade Tran Tuan Anh has ordered relevant agencies to strengthen inspection and strictly fine petroleum stations that refuse to sell fuel or increase prices.