Techcombank plans 10% stake issue to foreign strategic investors

Techcombank plans 10% stake issue to foreign strategic investors

Major Vietnamese private lender Techcombank plans to issue a 10% stake to overseas strategic investors, given its current self-capped foreign ownership of 22%, said chairman Ho Hung Anh.

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

Vietnam's Mobile World plans to pay 5% dividend in 2024

Vietnam's Mobile World plans to pay 5% dividend in 2024

Vietnam’s Mobile World Investment Corporation will present to shareholders a plan to pay dividends at a rate of 5% in 2024.

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

Vietnam securities firms prepare plans to increase capital as annual meeting season nears

Vietnam securities firms prepare plans to increase capital as annual meeting season nears

Several securities companies in Vietnam have prepared plans to increase their charter capital for submission at upcoming annual general meetings of shareholders to fit in the growing market.

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

Vietnamese firms announce cash dividends as Lunar New Year begins

Vietnamese firms announce cash dividends as Lunar New Year begins

Many Vietnamese companies have announced cash payout to shareholders immediately following the Lunar New Year holiday (Tet).

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

Three firms to become major shareholders in PG Bank

Three firms to become major shareholders in PG Bank

The State Bank of Vietnam (SBV) has approved the purchase of shares by three companies that will make them major shareholders in private lender PG Bank.

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

Property giant Novaland eyes Q3 recovery: chairman

Property giant Novaland eyes Q3 recovery: chairman

With determination and concerted efforts, leading property developer Novaland will see business activities recover in the third quarter of 2023, chairman Bui Thanh Nhon said Thursday.

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

Corporate bonds account for 10% of TPBank’s total outstanding loans

Corporate bonds account for 10% of TPBank’s total outstanding loans

Vietnamese private lender TPBank’s corporate bond investments make up about 10% of its total outstanding loans and were covered by collateral, said CEO Nguyen Hung.

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

Vietcombank to select foreign investors for 6.5% stake

Vietcombank to select foreign investors for 6.5% stake

Leading Vietnamese lender Vietcombank said it will select foreign shareholders for a 6.5% stake via private placements.

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

Eximbank posts pre-tax profit of $39 mln in Q1

Eximbank posts pre-tax profit of $39 mln in Q1

Vietnamese private lender Eximbank recorded a pre-tax profit of over VND900 billion ($39 million) in the first quarter of 2023, up 16% year-on-year.

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

Steelmaker Hoa Sen targets $1.52 billion in fiscal year revenue

Steelmaker Hoa Sen targets $1.52 billion in fiscal year revenue

Hoa Sen Group, one of the leading steelmakers in Vietnam, has set a target of VND34-36 trillion ($1.44-1.52 billion) in revenue in the 2022-2023 fiscal year.

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

FLC Group apologizes for being delisted over information disclosure violations

FLC Group apologizes for being delisted over information disclosure violations

FLC Group on Friday apologized to shareholders for being delisted and affirmed shareholders' interests would still be guaranteed as the firm is trying to put FLC shares on the unlisted public company market UPCoM.

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

VIB eyes foreign ownership expansion to 30%

VIB eyes foreign ownership expansion to 30%

Vietnam's leading private bank VIB plans to lift its foreign ownership limit from 20.5% to 30%, the maximum level allowed by the law.

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