markets

Update news markets

The Ho Chi Minh Stock Exchange on November 18 introduced three new stock indices developed based on the investment requirements of local funds.

UPCoM offers opportunities for market players

Although the Unlisted Public Company Market attracts less attention from investors than the HCM and Ha Noi stock exchanges, the market still offers potential opportunities for market players who thoroughly understand it.

 

VN firms issue total US$7.7 billion worth of bonds in 10 months

Commercial banks remained the biggest bond issuers with VND79.4 trillion worth of bond issuance, accounting for 44.4 per cent of the total figure.

Open-end funds expect stronger performances in 2020

The strong increase of the number of fund accounts prove investors are becoming more interested in open-end funds’ products and services.

Better disclosure means higher share prices for UPCoM firms: HNX

A total 237 companies on the Unlisted Public Company Market (UPCoM) have joined the listed firms’ assessment of information disclosure for 2018-19.

Inspectors to check food safety throughout country

The national steering committee on food safety has set up six inspection teams to check food safety and hygiene for the coming Tet (Lunar New Year) festival.

85% of businesses listed on stock market report profit growth in Q3

As many as 706 enterprises, 85 per cent of 832 listed companies on the Vietnamese stock market, generated profits during the third quarter of this year.

 

SCG announces nine-month revenue milestone of $1 billion in Vietnamese market

SCG, a Thai-owned Southeast Asian conglomerate, reported a turnover of approximately US$1 billion in the Vietnamese market in the first nine months of this year, a slight decrease from the same period last year.

 

State budget to receive $216m in cash dividend from State-owned businesses

Insurer Bao Viet Holdings (BVH) and the Bank for Investment and Development of Viet Nam (BIDV) have approved plans of paying cash dividends worth combined US$236 million in the next two months.

 

BIDV sells 603 million shares to KEB Hana Bank

After the issuance, the bank's charter capital has increased by VND6 trillion from VNĐ34.2 trillion to more than VND40.2 trillion.

Property group FLC cancels share issuance

Property developer FLC Group has cancelled the issuance of 300 million shares for current shareholders.

 

Co-working operators see Vietnam a hot market

UK based Workthere, a website listing platform and brokerage services, has entered the Vietnamese market to help businesses find flexible, co-working and serviced office spaces in a country where co-working has expanded rapidly.

 

Investors should take a look at divestment in Vietnam's water sector

Recent reports of contaminated tap water have caused great public concern across Viet Nam, the latest issue for investors in a sector the State is divesting from.

 

Trade war worries lifted, but market growth flat: analysts

Concerns about the US-China trade talks have lifted for now, and investors are turning their attention to third quarter earnings reports and how listed companies will perform in the last three months of the year.

 

VinaCapital to open ETF100 fund this year

Vietnam is expected to attract more investors as its economy is developing at a stable rate, with GDP growth of 7 per cent.

VN beer makers enjoy higher consumption

Alcohol and beer consumption is booming, and local beverage producers are cashing in.

 

Vietnam furniture firm targets smaller loss in 2019

Truong Thanh Furniture Corporation (Truong Thanh) expects its losses to reach VND588 billion (US$25.3 million) in 2019, heard the firm’s annual shareholder meeting on Monday.

 

HCM City proposes switching State holdings in many firms

HCM City People's Committee has sent a petition to the Ministry of Planning and Investment to alter the State holding ratio in some State-owned enterprises in different fields.

 

Many markets are a fire risk

 VietNamNet Bridge – Almost 90 per cent of local markets in Hanoi don’t meet fire safety standards.

Several Hanoi markets fail food safety test

 VietNamNet Bridge – Pham Nam Anh, a 28-year-old Ha Noi man, was recently hospitalised after eating spring rolls he bought at a market in the city's Long Bien District.