The development of the equity market will help promote the transparency and corporate governance of listed companies, especially public companies with State capital, an official has said.
Viet Nam’s equity market may witness big merger and acquisition (M&A) deals in 2021 as local banks are trying to lure foreign capital on the country’s participation in international trade deals.
If serious turbulence is caused by large-scale sell-offs and considered a threat to the security of the equity market, the Ministry of Finance will have to switch the market off.
Most investment funds in Viet Nam’s equity market reported negative growth in net asset value per share (NAVPS) in H1 due to a stock market downturn, resulting from the impacts of the outbreak of COVID-19.
Investment funds including Ashmore Group Plc and Coeli Asset Management SA have increased holdings in the US$174 billion market since March, while foreign investors have returned to net buying so far this month, the first time since January.
Business transparency is among several key reasons why the Vietnamese equity market has not been upgraded to the status of emerging market from that of frontier market by international crediting agencies
S&P Investments, recently crowned Best Financial Planning Service Provider Vietnam 2019 by International Business Magazine, opened its HCM City office doors on Wednesday at a grand opening event in the city.
Vietnam Investment Securities Company (IVS) may sell an additional 35.35 million shares to enlarge its capital as the firm wants to be more active on the Vietnamese equity market.
The net value of foreign capital flowing into Viet Nam’s equity market in 2018 hit US$2.8 billion, according to State Securities Commission vice chairman Pham Hong Son.
Over the past year, most investment funds in Viet Nam’s equity market have seen negative growth in net asset value per share (NAVPS) due to the poor performance of the market indices.