Wednesday,  Oct 24, 2018,05:54 (GMT+7) 0 0
VN-Index plunges below 940 points
Tuesday,  Oct 23, 2018,18:42 (GMT+7)
HCMC – The local stock market took a nosedive to below its short-term supporting level of 940 points today, October 23, driven by poor performances of regional stock exchanges and surging selling pressure in the morning matching phase.
Tuesday,  Oct 23, 2018,16:51 (GMT+7)
HCMC – HCMC Securities Corporation (HSC) has passed a plan to issue around 86.4 million shares at a 2-for-3 ratio to fund its new capital injection. It will conduct the plan in the last quarter of 2018 or the first quarter of 2019. In addition, HSC will issue 86.4 million for existing shareholders at VND14,000 each and sell 6.47 million shares given an employee stock ownership plan.
Monday,  Oct 22, 2018,18:52 (GMT+7)
HCMC – Having made some recovery in the morning phase today, October 22, selling pressure pushed the VN-Index of the Hochiminh Stock Exchange down again in the afternoon phase, extending its losing streak to the third consecutive session.
Monday,  Oct 22, 2018,11:01 (GMT+7)
HCMC – Vietcombank (VCB) has submitted documents to the State Securities Commission seeking approval to issue 359.8 million shares, equivalent to 10% of its current volume of outstanding shares. According to Viet Capital Securities Company, VCB has previously flagged to the market that 54 million shares will be placed to Mizuho to maintain its 15% post-issue shareholding and, as stated at VCB’s 2018 annual general meeting, the remaining shares will be sold to fewer than nine institutional investors. If the scheme is done, VCB will become the biggest bank in Vietnam in terms of chartered capital with nearly VND40 trillion. It now ranks second with more than VND35.9 trillion behind VietinBank (CTG) with VND37.2 trillion.
Saturday,  Oct 20, 2018,20:08 (GMT+7)
HCMC – Securities firms have predicted negative movements on the local stock market this week, saying that the two exchanges went through poor turnover amid cautious trading last week.
Saturday,  Oct 20, 2018,19:19 (GMT+7)
HANOI – The Hanoi Stock Exchange last Friday announced that it had received no bidders for Vietcombank’s (VCB) auction of 45.6 million shares in Eximbank (EIB) with a starting price of VND14,497 a share planned for tomorrow. The current system requires bidders to register and place a deposit by October 15 before registering price and volume indications. Thus, without any registered bidders, the auction scheduled for October 22 was cancelled. Previously, on October 15, VCB held an auction for 53.4 million shares of Military Bank (MBB) with a starting price of VND19,641 a share. However, only 10,000 shares were successfully sold to an individual investor, equivalent to a success rate of 1.9%.
Thursday,  Oct 18, 2018,20:05 (GMT+7)
HCMC – Having recovered sharply for two sessions in a row, the VN-Index of the Hochiminh Stock Exchange corrected today, October 18, amid poor cash flow and the downtrend of global stock markets.
Thursday,  Oct 18, 2018,16:54 (GMT+7)
HCMC – Tan Binh Import-Export Corporation (TIX) will close its shareholder list on November 2 to pay a 2018 second round cash dividend of 10%, with payment scheduled for December 14. Besides, it will issue 3.6 million shares at a 3-for-22 ratio and the selling price of VND25,000 per share. TIX plans to raise VND90 billion from the issuance to pay a land use fee for Milky Way condo project in HCMC’s Binh Tan District.
Wednesday,  Oct 17, 2018,18:53 (GMT+7)
HCMC – The local stock market rose for the second straight session today, October 17, going in tandem with robust growth of global stock exchanges, but poor cash flow still prevented the VN-Index of the Hochiminh Stock Exchange from soaring.
Wednesday,  Oct 17, 2018,17:08 (GMT+7)
HCMC – Licogi 16 Company (LCG) and Nikko Indonesia have signed a cooperation agreement in Bali to implement three projects worth US$300 million in Indonesia and Vietnam, of which LCG and Nikko will build a US$200-million highway and a US$50-million financial center in Jakarta. Meanwhile, Nikko will invest US$50 million in implementing LCG’s solar power project with a capacity of 50 MW in central Vietnam. LCG and Nikko will start building the three projects in 2019.
Tuesday,  Oct 16, 2018,19:13 (GMT+7)
HCMC – The VN-Index of the Hochiminh Stock Exchange bounced back strongly today, October 16, but market turnover remained poor amid cautious trading.
Tuesday,  Oct 16, 2018,16:22 (GMT+7)
HCMC – The State Bank of Vietnam net withdrew VND10.2 trillion via both treasury bills and reverse repos in September thanks to a improvement of liquidity, versus a net injection of VND12.5 trillion in August. If the Vietnam dong amount withdrawn via the sale of US$943 million from the foreign reserves is taken into account, the central bank actually net withdrew more than VND31.9 trillion last month, said Viet Capital Securities Company.
Monday,  Oct 15, 2018,19:11 (GMT+7)
HCMC – Investors rushed to sell shares in the banking and petroleum sectors today, October 15, erasing most of the gains made last Friday by the VN-Index of the Hochiminh Stock Exchange.
Monday,  Oct 15, 2018,17:23 (GMT+7)
HCMC – The State Treasury raised VND15.7 trillion from government bond sales in September, down slightly by 2.2% month-on-month, but the winning rate advanced to 63.3% from 49.9% in August. The 10-year and 15-year yields jumped 30 basis points to 4.8% and 5.1%, respectively, which helped these two terms to record high winning rates of 81.7% and 69.2%. The State Treasury has reduced its 2018 issuance plan to VND175 trillion from VND200 trillion. According to the new plan, the agency has fulfilled 70% of this year’s target.
Saturday,  Oct 13, 2018,23:26 (GMT+7)
HCMC – As the VN-Index of the Hochiminh Stock Exchange turned volatile last week, investors are seen becoming cautious and reducing transactions significantly this week, thus affecting trading.
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