Property developer Novaland's stock green-lighted to resume margin trading

Property developer Novaland's stock green-lighted to resume margin trading

The ticker of major real estate developer Novaland, NVL, has been removed from the list ineligible for margin trading at the Ho Chi Minh Stock Exchange (HoSE).

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

NovaGroup registers to sell 43 mln Novaland shares

NovaGroup registers to sell 43 mln Novaland shares

NovaGroup has registered to sell 43 million shares in Novaland (NVL), a leading property developer in Vietnam, to balance its investment portfolio and support its debt structure and other obligations.

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

NovaGroup registers to sell 136 mln Novaland shares

NovaGroup registers to sell 136 mln Novaland shares

NovaGroup has registered to sell 136.4 million shares in Novaland (NVL), a leading property developer in Vietnam, to balance its investment portfolio and support its debt structure and other obligations.

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

Real estate major Novaland forecasts profit to plummet 90% in 2023

Real estate major Novaland forecasts profit to plummet 90% in 2023

Leading Vietnamese property developer Novaland is targeting revenue of VND9.53 trillion ($405.78 million) and post-tax profit of VND214 billion ($9.11 million) in 2023, down 14.5% and 90% year-on-year, respectively.

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

VN-Index increases for fourth consecutive session

VN-Index increases for fourth consecutive session

The VN-Index, which represents the Ho Chi Minh Stock Exchange (HoSE), gained 1.69 points, or 0.16%, to 1,046.79 on Friday, marking its fourth gaining session in a row.

Finance - 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

Listed real estate firms expand workforce in 2022 amid crisis

Listed real estate firms expand workforce in 2022 amid crisis

Listed real estate firms in Vietnam expanded their combined number of employees from 25,551 to 28,403 in 2022 despite the ongoing crisis in the sector, with only 23 businesses reporting they had consolidated or scaled back staff.

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

Novaland board member offloads nearly 15 mln NVL shares

Novaland board member offloads nearly 15 mln NVL shares

Novaland board member Bui Xuan Huy successfully sold off 14.79 million Novaland (NVL) shares from February 10 to 14.

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

Blue chips help VN-Index gain 10 points

Blue chips help VN-Index gain 10 points

The VN-Index, which tracks the performance of the Ho Chi Minh Stock Exchange (HoSE), increased 9.56 points, or 0.92%, to 1,048.2 on Wednesday, ending its three-session losing streak.

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

Property developer Novaland's profits drop 34% to $98 mln in 2022

Property developer Novaland's profits drop 34% to $98 mln in 2022

Novaland, a leading Vietnamese property developer, reported consolidated after-tax profit of more than VND2,293 billion ($97.78 million) in 2022, down 34% year-on-year and meeting just 35.2% of its target.

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

NovaGroup general director plans to sell over 2 million Novaland shares

NovaGroup general director plans to sell over 2 million Novaland shares

Hoang Thu Chau, NovaGroup's general director and Novaland board member, has registered to sell 2.28 million Novaland (NVL) shares from February 1 to March 2, citing personal reasons.

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

Real estate, banking stocks rally

Real estate, banking stocks rally

The real estate and banking stocks rallied Wednesday on the Ho Chi Minh Stock Exchange (HoSE), with many hitting their ceiling prices.

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

VN-Index surpasses 1,000-point threshold

VN-Index surpasses 1,000-point threshold

Vietnam’s benchmark VN-Index broke through the 1,000-point territory on the week-opening session with 118 stocks hitting their ceiling prices.

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

Novaland stock price falls due to market sentiment: company

Novaland stock price falls due to market sentiment: company

Major Vietnamese real estate developer Novaland says the price of its shares has fallen for five consecutive sessions due to market sentiment and macroeconomic conditions.

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

Novaland aims at $283 mln record profit in 2022

Novaland aims at $283 mln record profit in 2022

Vietnam's top property developer Novaland targets a profit after tax of VND6.5 trillion ($283 million) and net revenue of $1.57 billion in 2022, both all-time highs.

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