VN-Index loses 31 points in week of US interest rate hike

VN-Index loses 31 points in week of US interest rate hike

Vietnam’s benchmark VN-Index decreased to the area close to 1,200 points at the end of this week, down 31 points following the U.S. Federal Reserve’s mid-week interest rate hike of 75 percentage points.

Finance - Sat, September 24, 2022 | 5:02 pm GTM+7

Cross-border service providers pay $22 mln via online tax portal

Cross-border service providers pay $22 mln via online tax portal

Thirty foreign enterprises involved in cross-border activities, including Tik Tok, Microsoft, Youtube, Facebook and Google, have paid taxes totaling VND520 billion ($22 million) to the Vietnamese state budget via a tax payment web portal launched five months ago.

Finance - Tue, September 20, 2022 | 5:56 pm GTM+7

Road builder Tasco buys out insurer Groupama Vietnam

Road builder Tasco buys out insurer Groupama Vietnam

Tasco JSC, a major Vietnamese road builder, has acquired the entire Groupama Vietnam General Insurance Company Ltd. from France's Groupama Assurances Mutuelles.

Finance - Tue, September 20, 2022 | 4:01 pm GTM+7

How former Louis Holdings chairman manipulated stock prices

How former Louis Holdings chairman manipulated stock prices

Do Thanh Nhan, former chairman of Louis Holdings, and accomplices gained VND153.8 billion ($6.5 million) in illicit profits by manipulating the price of two stocks, according to investigative authorities.

Finance - Tue, September 20, 2022 | 10:45 am GTM+7

Corporate bond market stagnant for eight months

Corporate bond market stagnant for eight months

After the market was tightened up over transparency concerns, the issuance of corporate bonds in Vietnam has slowed significantly, latest data shows.

Finance - Mon, September 19, 2022 | 8:31 pm GTM+7

Coffee firm Thang Loi seeks regulator help over stock price turbulence

Coffee firm Thang Loi seeks regulator help over stock price turbulence

Thang Loi Coffee JSC is proposing the State Securities Commission and Hanoi Stock Exchange (HNX) conduct an inspection of individuals who made transactions that led to the abnormal increases of its shares.

Finance - Sun, September 18, 2022 | 10:45 am GTM+7

US inflation data deflates VN-Index

US inflation data deflates VN-Index

Vietnam’s benchmark VN-Index dropped almost eight points Wednesday as global markets reacted badly to the latest U.S. inflation data.

Finance - Wed, September 14, 2022 | 6:16 pm GTM+7

Corporate bond market collapse unlikely: experts

Corporate bond market collapse unlikely: experts

Bond default risk in Vietnam is still low, Vietnamese experts said Tuesday amid fears of a corporate bond market collapse.

Finance - Wed, September 14, 2022 | 4:53 pm GTM+7

Vietjet seeks to offer shares for $200 mln in proceeds

Vietjet seeks to offer shares for $200 mln in proceeds

Vietnamese budget carrier Vietjet Air plans to issue 34.8 million new shares to professional securities investors, equivalent to 6.43% of the total number of outstanding shares.

Finance - Tue, September 13, 2022 | 5:05 pm GTM+7

Largest shareholder seeks more than 6 mln REE Corp shares

Largest shareholder seeks more than 6 mln REE Corp shares

Platinum Victory Pte. Ltd Fund, the largest shareholder in Refrigeration Electrical Engineering Corporation (REE Corp), on Monday registered to buy 6,025,714 shares to increase its ownership rate.

Finance - Mon, September 12, 2022 | 8:10 pm GTM+7

Market liquidity hits year’s lowest point

Market liquidity hits year’s lowest point

Trading volume at the Ho Chi Minh Stock Exchange (HoSE) plunged Monday to the lowest level since the beginning of the year, belying expectations of a liquidity surge when odd-lot trading resumed.

Finance - Mon, September 12, 2022 | 7:02 pm GTM+7

Industrial developer Becamex buys back $8.49 mln bonds before maturity

Industrial developer Becamex buys back $8.49 mln bonds before maturity

Becamex IDC, Vietnam's leading developer of large-scale industrial townships, has bought back VND200 billion ($8.5 million) worth of bonds before maturity on August 31.

Finance - Sat, September 10, 2022 | 10:25 am GTM+7

Vietnam Airlines shares face delisting risk

Vietnam Airlines shares face delisting risk

Vietnam Airlines shares may be delisted if its 2022 audited consolidated financial statement continues to record negative parent company profits or equity, the Ho Chi Minh City Stock Exchange (HoSE) said.

Finance - Thu, September 8, 2022 | 5:10 pm GTM+7

VN-Index plunges to two-month low

VN-Index plunges to two-month low

Vietnam’s benchmark VN-Index closed at 1,243 Wednesday, down more than 34 points, the deepest plunge in two months.

Finance - Wed, September 7, 2022 | 6:37 pm GTM+7

HoSE opens odd-lot securities trading next week

HoSE opens odd-lot securities trading next week

The Ho Chi Minh City Stock Exchange (HoSE) will launch odd-lot securities trading on September 12 to meet the needs of investors directly.

Finance - Tue, September 6, 2022 | 12:04 am GTM+7

One more FLC Group family stock suspended

One more FLC Group family stock suspended

HAI shares of HAI Agrochem JSC will be suspended from September 9 over information disclosure violations, the same time as its parent FLC Group's shares.

Finance - Mon, September 5, 2022 | 3:39 pm GTM+7

Ride-hailing firm scores $60 mln Deutsche Bank expansion loan

Ride-hailing firm scores $60 mln Deutsche Bank expansion loan

Deutsche Bank AG has provided Vietnam’s Be Group, a Grab and Gojek rival, with a loan facility of at least $60 million to expand its ride-hailing, food delivery, and digital banking services.

Finance - Mon, September 5, 2022 | 2:39 pm GTM+7

Vietnam market valuation very attractive: leading broker

Vietnam market valuation very attractive: leading broker

Vietnam’s market valuation is very attractive to long-term investors who are looking for well-governed businesses with strong profit growth, says VNDirect.

Finance - Fri, September 2, 2022 | 3:21 pm GTM+7

FLC shares suspended over information disclosure breach

FLC shares suspended over information disclosure breach

The Ho Chi Minh Stock Exchange will impose a trading ban on FLC Group’s shares from September 9 over information disclosure violations.

Finance - Thu, September 1, 2022 | 7:41 am GTM+7