Individual fined for using 76 accounts to manipulate stock price
The State Securities Commission (SSC) has fined Nguyen Huu Duc, a resident of Danang city, VND1.5 billion ($61,700) and banned him from trading stocks for using 76 accounts to manipulate the stock market.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Spreaders of fake news rocking Vietnam stock market face strict punishment: regulator
Anyone who spreads false information that negatively affects investor sentiment in the Vietnamese stock market will be strictly punished, the State Securities Commission (SSC), the country's market watchdog, has warned.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Foreign players may pour $8 bln into Vietnam shares on market status upgrade: VinaCapital
Foreign investors will likely put between $5 billion and $8 billion into Vietnamese securities if the local stock market is elevated to an emerging one from its current frontier status, a VinaCapital executive has said.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam PM calls for US investment in startups, innovation during Nasdaq visit
Ringing the opening bell at the Nasdaq Stock Market on Friday, Vietnamese Prime Minister Pham Minh Chinh called on U.S. companies to invest in priority fields of the Southeast Asian country that has one of the fastest-growing economies in Asia.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
State Securities Commission has new vice chairman
Hoang Van Thu, deputy director of the Ministry of Finance's corporate finance department, has been appointed vice chairman of the State Securities Commission of Vietnam (SSC) effective from last Friday.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam stock market regulator names new chair
Vu Thi Chan Phuong has been appointed chairwoman of the State Securities Commission after more than six years as the regulator’s vice head.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Logistics major Gemadept to offer over 100 mln preference shares
Gemadept, a leading port and logistics company in Vietnam, has approved a plan to offer 100.46 million shares to existing shareholders at a cheap price of VND20,000 ($0.85) to raise VND2,009 billion ($85 million) in 2023.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
Hoang Anh Gia Lai fined for lending to individual shareholders
The State Securities Commission has fined agriculture major Hoang Anh Gia Lai JSC (HAGL) a sum of VND245 million ($10,470) for violations related to transactions with shareholders and information disclosure.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
VN-Index ends bullish streak
Vietnam's benchmark VN-Index closed Friday at 1,240, losing less than 1 point, but recorded weak liquidity and the largest net selling by foreign investors since the beginning of April.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
HCMC bourse CEO Le Hai Tra expelled from Party
Chairman of State Securities Commission Tran Van Dung was removed from all positions in the Party, while CEO of Ho Chi Minh Stock Exchange Le Hai Tra was expelled from the Party on Wednesday.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
State Securities Commission official arrested
Nguyen Hung, deputy head of market supervision at the State Securities Commission was arrested on Friday on charges of revealing work secrets.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Bourse watchdog's infringements trigger market manipulation: inspectors
Top executives at Vietnam’s State Securities Commission and two major bourses committed many violations in state management of securities activities, leading to market manipulation by some individuals, the Party’s inspectors stated.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
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