Latest News about stock market
Several signs suggest slowdown in economic activity if the pandemic is not contained in the short term.
The Hoang Anh Gia Lai Group (HAGL) of Chairman Doan Nguyen Duc has gradually withdrawn from the fields of business Duc has been dedicated to for a decade.
Capitalisation on the Ho Chi Minh Stock Exchange (HOSE) in May rose 7.07 percent month-on-month to more than 4.97 quadrillion VND (over 216 billion USD), equivalent to about 79.09 percent of the country’s GDP at the end of 2020.
Biotech shares, especially the shares of vaccine producers, are being sought by investors.
The market witnessed strong buying interest last week and analysts from many securities firms expect indices to continue to hit new highs, but have warned investors to be cautious.
Vietnam’s top dairy company – Vietnam Dairy Products Joint Stock Company (Vinamilk) - has witnessed a strange financial movement, contrary to the strong uptrend of the stock market.
Conducting an initial public offering (IPO) to list on a foreign stock exchange not only helps Vietnamese companies attract investors but also strengthens their status and the country’s profile in the world.
The family of Vietnam’s steel tycoon Tran Dinh Long will mark a turning point in power if Long’s son successfully buys more shares of Hoa Phat Group (HPG).
The assets of the richest people in Vietnam have risen sharply in recent times. Many tycoons have earned huge recently.
The number of new stock trading accounts opened by domestic individual investors in April reached some 110,000, a nearly three-fold increase compared with the same period last year, according to the Vietnam Securities Depository.
The volume of corporate bonds without collateral or guaranteed only by shares issued in the first quarter of 2021 accounted for a large proportion, with a large part owned by real estate firms. This poses a significant risk.
The benchmark Vn-Index rose 4.1% in April and is up 12.4% year-to-date, outperforming the global emerging markets (GEMs), the Asia ex-Japan, and frontier market indices.
The stock market is the driving force for listed companies to strongly issue shares to increase capital. However, it is when unprofitable listed companies scramble to issue volumes of shares that the market becomes susceptible to facing many risks.
As the market benchmark VN-Index broke the psychological level of 1,200 points, along with many positive outlooks about the market, securities firms set big growth targets for 2021.
A series of listed businesses on the stock market have announced plans to expand and tap real estate investment.
The owner of Xuan Thanh Group is likely to be a powerful boss at LienVietPostBank. After being involved in cement and real estate, the most powerful tycoon in Ninh Binh province has entered the financial sector.
Nguyen Thi Phuong Thao, Cao Thi Ngoc Dung, Dang Thi Hoang Yen and Nguyen Thanh Phuong were in the news last week.
Realtors and securities investors have been pocketing big money in recent months.