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Update news REE
The Ho Chi Minh Stock Exchange (HOSE) has received dozens of documents from listed companies asking to extend the deadline for the disclosure of this year's financial statements.
Platinum Victory Pte Co Ltd, a wholly-owned subsidiary of Singapore-based automotive group Jardine Cycle and Carriage, plans to buy three million shares of the Refrigeration Engineering Corporation (REE).
SCIC wishes to fully divest its 11.42 per cent holding in Quang Ninh Thermal Power JSC at double the market price, expecting to collect $53.04 million.
The top 70 listed companies witnessed an impressive growth rate of 17 percent in 2018, but many expect growth to be lower this year.
VietNamNet Bridge - Analysts estimate that the corporate bond market will grow by rate of 30-40 percent per annum. Anticipating tighter capital flow from banks, businesses are issuing bonds to mobilize capital.
They are successful businessmen who created strong brands with fame extending beyond national borders. Though they are of retirement age, they remain at the top of the business leadership and are considered irreplaceable.
VietNamNet Bridge - Many Vietnamese business executives say they cannot easily find deserving successors.
VietNamNet Bridge - The mothers are influential businesswomen with huge assets of trillions of dong, while the daughters follow in their mothers’ footsteps, holding important positions at businesses.
VietNamNet Bridge - Many Vietnamese 9X, born in the 1990s, can spend tens or hundreds of billions of dong to buy shares. But the origin of their assets is unclear.
VietNamNet Bridge – Observers have noted that there is a new wave of the foreign investment in the Vietnamese water market.