Transactions at Vietinbank. The bank's shares are being traded at around $1 per share on the HCM City Stock Exchange. — Photo buildviet.info

HA NOI (Biz Hub) — Vietinbank (CTG) has received approval from the HCM City Stock Exchange to list over 800 million more shares on the southern bourse, although these shares will not be officially traded in a near future.

About 168.5 million shares, worth a total of nearly VND1.7 trillion (US$81 million), will be offered to strategic foreign investors, including the International Finance Corporation and the IFC Capitalisation Fund. Transactions of the shares will be restricted until next March.

Over 644 million shares with a total value of about VND6.4 trillion ($304.7 million) are issued for the Bank of Tokyo-Mitsubishi UFJ Ltd, and they won't be officially traded until May 2018.

CTG shares today closed down 0.9 points at VND20,000 ($0.95) per share on the southern exchange. — VNS