National Citizen Bank to double charter capital to $471 mln

National Citizen Bank to double charter capital to $471 mln

Vietnam's National Citizen Bank (NCB) on Saturday reaffirmed a plan to issue private placement shares to increase its charter capital by VND6.2 trillion to VND11.8 trillion ($471.3 million).

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

Institutional shareholders holding over 10% stake in seven Vietnam banks

Institutional shareholders holding over 10% stake in seven Vietnam banks

Vietnam has seven banks with institutional shareholders holding more than 10% of charter capital, according to banks’ 2022 and H1/2023 governance reports.

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

State capital management firm prepares four divestments

State capital management firm prepares four divestments

State Capital Investment Corporation (SCIC), which manages and invests state capital in enterprises, will organize four auctions this month to sell part of its stakes in four companies.

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

National Citizen Bank plans to double charter capital via private share placements

National Citizen Bank plans to double charter capital via private share placements

Vietnam's National Citizen Bank (NCB) has approved a plan to issue 620 million shares via private placements in the second quarter of 2024 to double its charter capital to VND11.8 trillion ($486.5 million).

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

PV Gas to issue new shares, raise charter capital to $950 mln

PV Gas to issue new shares, raise charter capital to $950 mln

Leading Vietnamese gas supplier PV Gas plans to issue nearly 383 million shares and raise its charter capital from VND19.14 trillion ($792 million) to VND22.96 trillion ($950 million).

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

Strategic investors in HCMC must have minimum charter capital of $21 mln: resolution

Strategic investors in HCMC must have minimum charter capital of $21 mln: resolution

Strategic investors must have a minimum charter capital of VND500 billion ($21 million) to invest in the southern economic hub of Ho Chi Minh City, according to a new resolution issued by the National Assembly, Vietnam's legislative body.

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

Six Vietnam commercial banks to raise their charter capital

Six Vietnam commercial banks to raise their charter capital

Six Vietnamese commercial banks, namely ACB, SHB, LPBank, NCB, Vietcombank, and Agribank, are poised to increase their charter capital, aiming to augment their financial capacity and become more competitive.

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

Danang resort & spa project raises chartered capital by 70% to $68 mln

Danang resort & spa project raises chartered capital by 70% to $68 mln

ODK Mikazuki Vietnam Co., Ltd., a subsidiary of Japan’s Mikazuki Hotel Group, has increased the charter capital of its Danang-Mikazuki Japanese Resort & Spa in the central city of Danang to over VND1.6 trillion ($68 million) from VND942 billion ($40 million).

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

LPBank gets green light to raise charter capital to $1.22 billion

LPBank gets green light to raise charter capital to $1.22 billion

Vietnam’s LPBank, formerly known as LienVietPostBank, has received approval from the central bank to raise its charter capital from VND11.39 trillion to VND28.68 trillion ($1.22 billion).

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

Central bank okays Vietcombank hiking charter capital to $2.4 bln

Central bank okays Vietcombank hiking charter capital to $2.4 bln

Vietnam's central bank has allowed the state-controlled Vietcombank to raise its charter capital from VND47.33 trillion to VND55.89 trillion ($2.38 billion).

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

Vingroup subsidiary plans $364 mln charter capital increase

Vingroup subsidiary plans $364 mln charter capital increase

Vietnam Exhibition Fair Centre JSC, a subsidiary of Vietnam’s largest private conglomerate Vingroup, plans to issue 852.9 million shares this year with ratio of 1:5.12 and price of VND10,000 ($0.43) per share.

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

Agribank gets green light to raise charter capital by $729 mln

Agribank gets green light to raise charter capital by $729 mln

The National Assembly's Standing Committee has okayed a plan for wholly state-owned Agribank to increase its charter capital by VND17.1 trillion ($729 million).

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

Major bank BIDV attracts investors for 9% stake via private placements

Major bank BIDV attracts investors for 9% stake via private placements

Leading Vietnamese bank BIDV is selecting the best investors for its plans to increase charter capital this year to serve its growth purposes, BIDV chairman Phan Duc Tu said Friday.

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

LienVietPostBank to change name, raise charter capital to $1.22 bln

LienVietPostBank to change name, raise charter capital to $1.22 bln

Private Vietnamese lender LienVietPostBank plans to change its name to LPBank and increase its charter capital to VND28.68 trillion ($1.22 billion).

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

Saigontel to boost charter capital by $170 mln

Saigontel to boost charter capital by $170 mln

Saigon Telecommunications Technology JSC (Saigontel) plans to increase its charter capital by VND3.5-4 trillion ($170 million) in 2023 by issuing shares and taking out loans to implement industrial and urban real estate projects.

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

Bamboo Airways capital increase plans fail

Bamboo Airways capital increase plans fail

FLC Group subsidiary Bamboo Airways' planned charter capital increase was not allowed Monday due to the disapproval of 56.42% of voting shares.

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

National Citizen Bank plans to expand charter capital to $503 mln

National Citizen Bank plans to expand charter capital to $503 mln

The National Citizen Bank (NCB) has approved a plan to issue a maximum 620 million shares via private placement for VND6.2 trillion ($262.4 million) to increase its charter capital to VND11.8 trillion ($503.3 million).

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

Bamboo Airways plans share issuance to lift charter capital to $1.2 bln

Bamboo Airways plans share issuance to lift charter capital to $1.2 bln

Bamboo Airways, a subsidiary of Vietnamese group FLC, plans to issue 996.2 million shares in 2023, mobilizing nearly VND10 trillion ($425.55 million) and raising its charter capital to nearly VND28.46 trillion ($1.2 billion).

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

20 largest investors hold 80% of Vinamilk's charter capital

20 largest investors hold 80% of Vinamilk's charter capital

Vietnam’s largest dairy manufacturer Vinamilk reported charter capital of nearly VND20.9 trillion ($886.16 million) at the end of 2022, with 80% owned by 20 investors.

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

Major housing developer Novaland plans to issue 2.9 billion shares

Major housing developer Novaland plans to issue 2.9 billion shares

Novaland wants to issue more than 1.9 billion shares to existing shareholders and offer more than 975 million shares via private placement to expand capital by nearly VND30,000 billion ($1.27 billion).

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

'Shrimp king' Minh Phu approves charter capital hike in 2 subsidiaries

'Shrimp king' Minh Phu approves charter capital hike in 2 subsidiaries

Minh Phu Seafood Corporation, Vietnam’s leading shrimp exporter, has approved to increase charter capital in its subsidiaries Minh Phu Aquatic Larvae Co., Ltd and Ebisumo Logistics Co., Ltd.

Companies - 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

Housing developer Nam Long transfers 25% stake in subsidiary Paragon Dai Phuoc

Housing developer Nam Long transfers 25% stake in subsidiary Paragon Dai Phuoc

Vietnam's leading housing developer Nam Long Investment Corporation has transferred a 25% stake in its subsidiary Paragon Dai Phuoc Co., Ltd.

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

HDBank set to issue $500 mln worth of bonds, raise foreign ownership

HDBank set to issue $500 mln worth of bonds, raise foreign ownership

HDBank is seeking its shareholders' approval to issue convertible bonds worth $500 million to international investors, and increase the foreign ownership ratio at the lender from 18% to 20%.

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

Steelmaker Hoa Sen plans $43 mln charter capital increase

Steelmaker Hoa Sen plans $43 mln charter capital increase

Hoa Sen Group, Vietnam's leading steel sheet producer, plans to issue nearly 100 million shares to pay dividends, equivalent to a VND1,000 billion ($42.62 million) increase in its charter capital.

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

Brokerage firm SSI back as industry leader in charter capital

Brokerage firm SSI back as industry leader in charter capital

Leading Vietnamese brokerage firm SSI has returned to the top of the securities industry in terms of charter capital at VND14,911 billion ($638 million) after completion of a stock offering.

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

Bamboo Capital expects record profit

Bamboo Capital expects record profit

Bamboo Capital Group (BCG) expects a net revenue of VND7,250 billion ($316 million) and profit after tax of $96 million in 2022, up 280% and 220% from the 2021 results.

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