Vietnam aims to nearly double size of securities market in 2025

Vietnam aims to nearly double size of securities market in 2025

The Vietnamese government has set a target of raising its securities market capitalization to 100% of gross domestic product (GDP) in 2025, nearly doubling its size as of end-2023.

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

Vietnam firm Son La Sugar reaches $88 mln in market capitalization

Vietnam firm Son La Sugar reaches $88 mln in market capitalization

Shares in Son La Sugar JSC (SLS) finished at VND212,100 ($8.8) per unit on Monday, up 73% compared to the beginning of the year and bringing its market capitalization to VND2.12 trillion ($88 million).

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

Billion-dollar Vietnamese firms hold 'mountain of money'

Billion-dollar Vietnamese firms hold 'mountain of money'

Twenty one companies with a billion-dollar market capitalization on the Vietnamese stock market owned VND318.27 trillion ($13.45 billion) in cash and deposits as of June 30.

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

ThaiBev-backed brewer Sabeco sees market cap down $1 bln after two months

ThaiBev-backed brewer Sabeco sees market cap down $1 bln after two months

Top Vietnamese brewer Sabeco, where Thai beverage giant ThaiBev holds a 64% stake, has witnessed its market capitalization down by VND23.4 trillion (nearly $1 billion) in the last two months to about VND100 trillion ($4.26 billion).

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

Vietnam’s major bourse has just 34 billion-dollar firms

Vietnam’s major bourse has just 34 billion-dollar firms

The Ho Chi Minh Stock Exchange (HoSE) currently has only 34 companies with a market capitalization of more than $1 billion, lower than 39 companies in September and 46 companies at the beginning of the year.

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