Vietnam’s Vinhomes fulfils 67% of record buyback plan

Vietnam’s Vinhomes fulfils 67% of record buyback plan

Vinhomes, the housing development arm of conglomerate Vingroup, has purchased back 246.98 million shares, meeting 66.75% of the plan and accounting for 5.7% of the outstanding volume.

Finance - Thu, November 21, 2024 | 8:43 pm

Vietnam shares sink on extended foreign selloffs

Vietnam shares sink on extended foreign selloffs

Vietnamese equities fell for a fourth consecutive day on Tuesday as foreign traders extended their selling spree.

Finance - Tue, November 19, 2024 | 5:10 pm

Vinhomes spends $276 mln on buying back 162 mln shares, more than half to go

Vinhomes spends $276 mln on buying back 162 mln shares, more than half to go

Vinhomes, the largest housing developer in Vietnam, has spent around VND7 trillion ($275.7 million) on implementing its record buyback plan since kick-starting it on October 23.

Finance - Sat, November 16, 2024 | 1:21 pm

Vinhomes spends $198 mln on record share buyback since start

Vinhomes spends $198 mln on record share buyback since start

Vinhomes, the largest housing developer in Vietnam, has spent some VND5 trillion ($197.82 million) on buying back its shares since it started its record-breaking plan on October 23.

Finance - Mon, November 11, 2024 | 9:25 am

Foreign traders extend net-selling streak in Vietnam amid VND devaluation woes

Foreign traders extend net-selling streak in Vietnam amid VND devaluation woes

Foreign investors net sold a total of VND3,639 billion ($144 million) worth of Vietnamese shares in the week ended November 8, extending their net-selling streak amid concerns over the dong devaluation.

Finance - Sun, November 10, 2024 | 1:24 pm

No budget apartments in Vietnam, chronic supply-demand gap widens

No budget apartments in Vietnam, chronic supply-demand gap widens

Vietnam saw no supply or transaction of low-cost apartments priced below VND25 million ($988) per square meter in the third quarter, says a real estate report by the Ministry of Construction.

Real Estate - Thu, October 31, 2024 | 1:10 pm

Vinhomes’ earnings fall 39% to $777 mln in Jan-Sep

Vinhomes’ earnings fall 39% to $777 mln in Jan-Sep

Vinhomes, the largest residential housing developer in Vietnam, booked a net profit of VND19,642 billion ($777 million) in the first three quarters this year, down 39.2% year-on-year.

Companies - Thu, October 31, 2024 | 9:58 am

Vinhomes buys back another 10 mln shares on Thursday as stock nosedives

Vinhomes buys back another 10 mln shares on Thursday as stock nosedives

Vinhomes JSC, the largest residential housing developer in Vietnam, bought another 9.95 million shares on Thursday, the second day of its mega buyback scheme, while its stock price continued going south.

Finance - Fri, October 25, 2024 | 11:36 am

Vinhomes buys 19 mln shares on first day of record-breaking buyback scheme

Vinhomes buys 19 mln shares on first day of record-breaking buyback scheme

Vinhomes JSC, the residential housing arm of private conglomerate Vingroup, bought 19.12 million shares on Wednesday, the first day of its largest-ever buyback plan on Vietnam’s stock market.

Finance - Thu, October 24, 2024 | 4:40 pm

Vingroup subsidiary's 9-month profit surpasses year's target

Vingroup subsidiary's 9-month profit surpasses year's target

Vietnam Exhibition Fair Centre JSC, a subsidiary of conglomerate Vingroup, posted an after-tax profit of VND264 billion ($10.49 million) in the first nine months of 2024, exceeding the year's target of VND250 billion, despite a year-on-year decrease of 23%.

Companies - Mon, October 21, 2024 | 8:10 am

Grammy award-winning band Imagine Dragons to perform in HCMC

Grammy award-winning band Imagine Dragons to perform in HCMC

Grammy award-winning band Imagine Dragons will perform at 8WONDER Winter 2024, which is scheduled to take place at the Vinhomes Grand Park Urban Area in HCM City on December 8.

Travel - Mon, October 14, 2024 | 10:29 am

Liechtenstein-based Lumen Vietnam Fund maintains positive outlook for Vietnamese stock market

Liechtenstein-based Lumen Vietnam Fund maintains positive outlook for Vietnamese stock market

Liechtenstein-domiciled Lumen Vietnam Fund has said it maintains a “positive outlook” for the Vietnamese stock market in the last months of 2024 and into 2025, given both external and internal driving factors.

Finance - Mon, October 14, 2024 | 6:13 pm

Vinhomes to start record-breaking stock buyback plan this month

Vinhomes to start record-breaking stock buyback plan this month

Vinhomes JSC, the largest residential housing developer in Vietnam, plans to start buying back shares later this month in the largest ever buyback plan by a Vietnamese company.

Companies - Sat, October 12, 2024 | 3:38 pm

Vietnam real estate sector may start revival in H2, continue through 2026: broker

Vietnam real estate sector may start revival in H2, continue through 2026: broker

Vietnam’s real estate market could start recovering in the second half of this year and continue to revive until 2026, driven by new real estate laws and lower mortgage rates, says a report by Shinhan Securities Vietnam.

Real Estate - Sun, September 8, 2024 | 7:40 pm