Private lender LPBank approves name change, charter capital hike to $1.32 bln

Private lender LPBank approves name change, charter capital hike to $1.32 bln

Vietnamese private lender LPBank approved a name change from Lien Viet Post Joint Stock Commercial Bank to Loc Phat Vietnam Joint Stock Commercial Bank at its 2024 AGM on Wednesday.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam securities firms prepare plans to increase capital as annual meeting season nears

Vietnam securities firms prepare plans to increase capital as annual meeting season nears

Several securities companies in Vietnam have prepared plans to increase their charter capital for submission at upcoming annual general meetings of shareholders to fit in the growing market.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Investment rush expected as listed firms look to raise capital in Vietnam

Investment rush expected as listed firms look to raise capital in Vietnam

Securities firms expect an investment rush in Vietnam as many listed firms get busy at the year-end with plans to raise capital via private placements and public offerings.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam property developers in race to raise capital

Vietnam property developers in race to raise capital

Construction and real estate businesses in Vietnam are mobilizing capital from bonds and stocks with the realty market forecast to gradually warm up in the last months of the year and start of 2024.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietcombank to issue 2.7 billion shares, becoming Vietnam's biggest bank

Vietcombank to issue 2.7 billion shares, becoming Vietnam's biggest bank

Vietcombank plans to issue over 2.7 billion shares to increase its charter capital to VND75 trillion ($3.2 billion), becoming the leader in Vietnam's banking industry in terms of chartered capital.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7