China's mobile internet firm acquires Big Cat Entertainment
(Oct 27, 2016)
Viet Nam-based online video startup Big Cat Entertainment Co Ltd has
sold a major stake to Asia Innovations Group (AIG), a Chinese mobile
internet company developing social and entertainment products.
Viet Nam has 718 State-owned enterprises (SOEs), most of them big or
medium-sized and in 19 key sectors, that help the Government manage the
Deputy Minister of Finance Tran Van Hieu urged measures to boost
the bond market at the third general assembly of the Viet Nam Bond
The benchmark VN Index on the HCM Stock Exchange recovered slightly this morning as investors reduced selling of blue chips.
Shares dropped for a fifth day on the two local exchanges yesterday,
driven by energy stocks following another drop in oil prices while
investors remained cautious after a four-day losing streak.
Habeco will start its first trading day on the Unlisted Public Company Market on October 28, eight years after its initial public offering.
The decision to become a major shareholder in Viet Nam Liquid Natural
Gas JSC (LNG Viet Nam) was announced by Petrol Vietnam Gas (PV Gas) on
October 25, 2016.
Shares slipped again on Wednesday morning as investors remained cautious after the market's four-day losing streak and with no good business news to boost their confidence.
The chairman of the HCM Securities Exchange (HOSE), Tran Dac Sinh, has
proposed that HCM City sets up a stock exchange for start-ups to help
them mobilise capital.
Vietnamese shares yesterday managed to decline at a slower pace as
slight recovery of energy stocks helped offset losses made by blue chips
on a strong selling trend.
Shares slid further this morning on the two local exchanges as large-cap stocks continued to suffer from strong selling by investors.