OCB gets approval to list 1 billion shares on exchange
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.
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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.
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.
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.
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