return icon

Some businesses are still paying high dividends

While many enterprises are facing difficulties, some plan to spend trillions of VND to pay dividends and buy treasury stocks.
Some businesses are planing to pay high dividends

Vinamilk (VNM) said that on December 23 it will advance the second campaign of dividend payments in 2022 in cash with a payment ratio of 14 percent (VND1,400/share). The payment is slated for February 28, 2023. Accordingly, its biggest shareholder – SCIC – will get over VND1 trillion, F&N with VND600 billion and Platinum Victory VND300 billion.

In August, Vinamilk paid the first dividend payment campaign (15 percent) and  dividends left from 2021 (9.5 percent) with 24.5 percent in cash, or VND2,450 per share. As such, Vinamilk will pay VND8 trillion in the two campaigns to its shareholders.

Vinamilk previously paid 30-45 percent per annum and sometimes the figure rose 55-60 percent. It plans to pay 38.5 percent of dividends in cash in 2022.

Nam Tan Uyen IZ JSC (NTC) has announced by December 15 dividends in cash with the ratio of 60 percent (VND6,000 per share) will be paid. 

NTC also pays high dividends: 100 percent in 2019, 120 percent in 2020 and 90 percent in 2021. 

With nearly 24 percent of shares in circulation, NTC will spend VND144 billion to pay dividends. NTC’s biggest shareholder, Phuoc Hoa Rubber (PHR0), would receive VND47 billion.

Phuoc Hoa Rubber will also use the VND540 billion to pay dividends in the first phase in cash with the ratio of 40 percent. Song Hong Garment is going to pay 25 percent, and Thac Ba Hydropower VND1,500 per share.

Analysts say that the high dividends are helping stocks and the stock market which has declined sharply.

While the VN Index decreased by 42 percent from 1,520 points in early April to 873 on December 6, Vinamilk shares swam against the current. The VNM price increased from VND62,000 per share in early June to VND85,000 per share. Institutions and foreign investors bought more VNM than they sold.

This is among the top enterprises in terms of amount of cash and accumulated profits. 

As of the end of Q3 2022, Vinamilk had VND22.4 trillion, including VND2.868 trillion in cash and equivalent and VMD19.533 trillion worth of investment near the maturity date.

NTC has approved a plan to spend a maximum of VND1 trillion to buy treasury stocks. NLG share prices increased in the last 8 out of 10 trading sessions.

Manh Ha


Ancient town’s full moon festival named intangible heritage

The annual Nguyên Tiêu Festival on the 15th of lunar January in Hội An has been recognised as a National Intangible Heritage by the Ministry of Culture, Sports and Tourism.

Ha Long Bay, Mu Cang Chai among most colourful places in the world

Vietnamese destinations Ha Long Bay and the Mu Cang Chai terraced fields during the ripening season have been selected as the most colourful destination in the world in 2023 following a vote conducted by travel magazine Condé Nast Traveler.

Hailstorm poured on Fansipan peak

A hailstorm accompanied by whirlwinds slammed on Fansipan peak in Sa Pa township in the northern mountainous province of Lao Cai in the early morning of February 5, according to the provincial hydro-meterological station.

Vietnam expects to send 10,000 guest workers to RoK this year

Vietnam’s relevant agencies have stepped up training since mid-2022 in an effort to increase the number of workers sent to the Republic of Korea (RoK).

Vietnamese PM to pay official visits to Singapore, Brunei

Prime Minister Pham Minh Chinh, his spouse and a high-ranking delegation of Vietnam will pay official visits to the Republic of Singapore and Brunei Darussalam from February 8-11.

In search of internal strength

Vietnam’s economy still relies heavily on the agro-forestry-fishery sector, as the trade surplus of this group accounted for over 75% of the national figure in 2022.


Vietnam’s airports serve more than 9.8 million passengers in January

The credit growth puzzle

The fact that banks have refrained from lending does not result from their concerns over the credit growth cap since it has already been revised up without any abrupt surge in new loans. There are other factors influencing how banks lend.


State Audit official named as deputy minister of health

Egg coffee – the unforgettable taste of Hanoi

Coffee, enjoyed any time of the day, now comes in different variants. Of them, egg coffee in Hanoi is one of the most popular.

Transport Ministry asked to disburse huge public investment capital in 2023

The Ministry of Transport's Department of Planning and Investment Director Bui Quang Thai said the plan on disbursing VND94.14 trillion for projects with completed procedures has been determined.

Runner Chinh back on track for SEA Games

Sprinter Le Tu Chinh has been back in action after months of absence because of injury.

Women’s football season begins with two events in February

Woman footballers will take part in the National Women’s Cup to warm up for the World Cup later this year.

Multilateral diplomacy hoped to help Vietnam become modern industrial country by 2045

Deputy Minister of Foreign Affairs Do Hung Viet has highlighted the role of multilateral diplomacy in realising the dream of building Vietnam into a modern industrial country by 2045.

Vietnam faces huge inflationary pressure in 2023: expert

The demand-pull and cost-push inflation will put pressure on the country's efforts to control inflation amid surging demand and strengthening of the US dollar which yields increased import prices.