Institutional shareholders’ ownership ratio in banks needs to be reduced: legislators

Institutional shareholders’ ownership ratio in banks needs to be reduced: legislators

The ownership ratio of an institutional shareholder in banks must be cut from 15% to 10% to diversify shareholder structure, increase publicity and limit control and takeovers of banks, said the National Assembly (NA) Standing Committee on Monday.

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

Vietnam Airlines shares placed under control for late submission of financial reports

Vietnam Airlines shares placed under control for late submission of financial reports

The Ho Chi Minh Stock Exchange (HoSE) has decided to put shares of national flag carrier Vietnam Airlines (HVN) under control from May 12 due to late submission of its 2022 audited financial statements.

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

Construction giant Hoa Binh placed under control over late financial statement submission

Construction giant Hoa Binh placed under control over late financial statement submission

The Ho Chi Minh Stock Exchange (HoSE) has decided to put HBC shares of Vietnam’s leading construction firm Hoa Binh "under control" from April 17, due to its late submission of audited annual financial statements for two consecutive years.

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

Ocean Group shares put under control

Ocean Group shares put under control

The Ho Chi Minh Stock Exchange (HoSE) placed shares of Ocean Group under control on Tuesday instead of trading restrictions as previously.

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

Legally incomplete housing projects to witness few loans

Legally incomplete housing projects to witness few loans

Vietnam’s central bank is mulling over a ban against home loans provided by commercial banks as deposits for people seeking to invest in legally incomplete residential projects.

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

Aviation authority requires tighter fraud control after flight crew questioned in Australia

Aviation authority requires tighter fraud control after flight crew questioned in Australia

The Civil Aviation Administration of Vietnam (CAAV) on Wednesday ordered domestic airlines to implement preventive measures against illegal trade and commercial fraud among crew members.

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