The Vietnam International Bank (VIB) has announced its plan to issue 40 per cent bonus shares to increase charter capital to over VND15.5 trillion (US$665 million).
Once the deal is completed, Vietnam Ventures Limited will hold 20.5 million shares of KDH, equivalent to an ownership rate of 3.67 per cent and will no longer be a major shareholder of KDH.
Foreign institutional investors traded nearly 3.9 million shares of tech firm FPT Corporation on Friday, according to the Vietnam Securities Depository (VSD).
A large-scale sell-off sank Vietnamese shares on Wednesday after China-US trade tensions increased and dampened investor confidence in the world’s economic prospects.
The recent volatility of global stocks and the outflow of foreign capital have dampened investors’ confidence in Vietnamese shares in the past few weeks and the troubles are forecast to last into the near future.
Vietnamese shares finished the last trading session of the week on a mixed note with good growth in the energy sector, but fears of a market correction still causing skittishness.
The VN Index, Viet Nam’s benchmark stock index, grew 19.33 per cent in the first three months of this year, becoming the best-performing market in the world, followed by Egypt with 15.52 per cent growth and Brazil with 11.73 per...
Vietnam Airlines Corporation has secured the approval of the Ministry of Transport (MoT) to proceed with its plan to transfer the rights to purchase additional shares of its State shareholders.
Joint Stock Commercial Bank for Foreign Trade of Viet Nam (Vietcombank) has registered to sell 7.6 million shares of Vietnam Airlines Corporation, which is listed as HVN on the stock market.
Investors were very excited after the benchmark VN-Index hit an almost decade-high last week and forecasts predict it will head to 1,000 points this year. However, analysts have warned of a likely correction this week after a long rally before...