Hoa Binh Construction Group (HOSE: HBG) has targeted 2022 revenue of VND 20,000 billion ($883 million), up 48 percent from previous year’s goal, according to the company’s statement.
Bank of America initiates Masan with a BUY while suggesting a target price for the stock at VND198,600 ($8.7) from the current VND150,000 ($6.6).
Jih Sun Vietnam Opportunity Fund will disburse 50% of its assets into listed stocks. In which, the proportion of shares in the Vietnamese market is not lower than 70%, reported Bloomberg.
Top 50 listed companies in 2021 voted by Nhip Cau Dau Tu Magazine and Thien Viet Securities has 22 firms having market capitalization from $1 billion, with four new firms.
- Vietnam records three IPO listings raising $7 mln in the first 10.5 months 1
- Strange dance of gold 2
- Cake by VPBank receives the Best Digital Bank Vietnam award 3
- Forty-two companies with market capitalization exceeding $1 billion 4
- Nam A Bank to list more than 1 bln shares on HOSE 5
- Will the market improve with many new accounts? 6
Nova Consumer, a member of Nova Group, will list its shares on the HOSE in second quarter after undergoing an IPO with an expected market value of $220 million.
Thailand-based Indorama Ventures, a global sustainable chemical firm, is under process to acquire shares in Ngoc Nghia Industry – Service – Trading JSC, Thai plastics producer said in a statement.
Orient Commercial Joint Stock Bank (HoSE: OCB) has approved the plan to increase charter capital by issuing ESOP shares and shares to Aozora Bank via private placement.
Vietnam Prosperity Joint Stock Commercial Bank (HOSE: VPB) is seeking shareholders’ approval to raise foreign ownership ceiling to 17.5% from 15%, according a statement posted on it website.
Vietnam’s stock market welcomed 1.53 new retail stock accounts last year, 1.5 times higher than the total of the previous four years, showing surging demand for the asset.
The capitalization of Vietnam’s stock market has reached VND7,729 trillion as of end December 2021, equivalent to 122.8% of 2020 GDP, according to the State Securities Commission.
Selling on credit is inherently risky. Every time you offer credit, you run the risk of late payments or even default, both of which can put pressure on your cash flow.
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.
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.