Public acquisition activities between domestic listed companies is booming, forcing market regulators to issue new rules on public takeovers.
Steel producer Hoa Sen Group (HSG) has sold nearly 12 million shares to three domestic and foreign financial institutions: the Republic of Korea ’s STIC Investment Inc, FPT Securities Co and Bong Sen Fund Management Co.
The Hanoi Stock Exchange will launch online trading on Feb. 8 via 45 participating brokerage houses.
The military telecom group (Viettel) has offered to buy 70 percent of the Teleco Company--provider of international telecom products and services in the Republic of Haiti.
The Hanoi Stock Exchange and the Stock Exchange of Thailand (SET) have signed a memorandum of understanding (MoU) on a bilateral cooperation framework for five years, in Bangkok.
The Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank) has selected the International Financial Company of the World Bank and the Canadian Nova Scotia Bank as its strategic foreign shareholders.
Securities companies will be banned from trading shares on the over-the-counter (OTC) market effective January 28, under a new order from the State Securities Commission.
Blue chips once again caught the interest of investors on Jan. 13, following a massive sell-off of shares during the previous session on the HCM Stock Exchange, helping lift the VN-Index back above 500.
Share sell-off took stock prices lower on Jan. 12 as the VN-Index slid 3.25 percent to 498.31 points, with 51.58 million shares changing hands, netting a turnover of 2.31 trillion VND (124.9 million USD).
Securities investors hope money will flow into the stock markets following the closure of the gold exchanges but many believe it won’t mean a “golden” windfall for the markets.
|