Orient Commercial Bank has got approval to list more than 1 billion shares on the Ho Chi Minh City Stock Exchange, according to exchange filing.
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.
- 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
The number of new securities trading accounts opened by domestic individual investors surged 109 percent percent year-on-year, adding 392,527 new accounts in 2020, according to data from the Vietnam Securities Depository.
VN-Index increased by nearly 15% in 2020 and stock accounts for 84.3 percent of gross domestic product, said Finance Minister Dinh Tien Dung while opening the first trading session of stock market.
The VN-Index will continue gaining in 2021 without the turbulence seen last year, several securities firms predict.
Power Generation Corp. 2, known as EVNGENCO 2, a unit of Vietnam Electricity Group, has got government approval to conduct an initial public share sale, according to a posting on government website.
Petri Deryng, Portfolio Manager and Board Member of the PYN Elite Fund shared his thoughts about Vietnam's stock market.
Vn-Index could reach 1,800 points as listed companies are expected to achieve significant earning growth in 2021 and the country controlled pandemic well, said Petri Deryng, Portfolio Manager of PYN Fund Management.
Maritime Bank plans to list 1.17 billion shares on the Ho Chi Minh City Stock Exchange on December 23 at the reference price at VND15,000 ($0.64) apiece, according to exchange filing.
ABBank is taking the final steps to list 571.3 million shares on the Unlisted Public Company Market (UPCoM), according to the Vietnam Securities Depository.
PG Bank, a subsidiary of Vietnam’s largest petroleum retailer Petrolimex, has got approval to list 300 million shares on UPCoM, according to Hanoi Stock Exchange filing.
By the end of Thursday's afternoon, Vietnam’s benchmark VN-Index closed at 1,005.97 points, up 6.03 points or 0.6 percent when many blue-chips reversed at the end of the session, according to 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.
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.