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Saturday, July 27, 2024

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Lender SHB allowed to raise charter capital

HCMC - The State Bank of Vietnam has allowed Saigon Hanoi Commercial Joint Stock Bank (ticker: SHB) to increase its charter to over VND36.6...

Profitability of bank stocks

The stock market performed well in early 2024. Bank stocks have benefited from this trend but their growth has not been enough to make...

Many sectors still struggling amidst market surge

Despite the recent stock market rally, stocks in certain industries have been experiencing modest growth or have even declined against the start of the...

Credit growth amidst sluggish demand

The banking system has seen lower-than-expected credit growth this year, at 1% as of mid-February. Though the State Bank of Vietnam (SBV) has taken...

Unlocking the surge in bank stocks

While many stocks had a hard time in the first half of January, the benchmark market index surged, primarily propelled by the rise of...

Opportunities in uncertain times

With promising macroeconomic indicators, financial investors are poised for a rewarding 2024. Nevertheless, in a landscape riddled with potential uncertainties, crafting a robust investment...

DIG to issue 100 million shares

HCMC – Development Investment Construction JSC, whose shares are traded on the Hochiminh Stock Exchange under the code DIG, will issue 100 million shares...

Bank stock prices and earnings in opposite directions

Although their business performance has remained impressive, bank stock prices have plummeted on the stock market. The stock market has turned bearish and the...

Banks’ optimistic quarterly growth

Bank stocks continue to lag despite lenders posting positive profit growth. A bright picture The National Citizen Commercial Joint Stock Bank (NCB) reported a before-tax loss...

SGT to sell 74 million shares to current shareholders

HCMC – Saigon Telecommunication and Technologies Corporation, whose shares are traded on the Hochiminh Stock Exchange under the code SGT, has passed a plan...

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