brokers stay upbeat

Brokers stay upbeat

Local and foreign securities companies are beefing up their presence in Vietnam, with increasing enthusiasm in the nation’s equity market as they are capitalising on the resilient growth economy.
massive development moves may foster oversupply crisis

Massive development moves may foster oversupply crisis

While expansion of industrial property land funds may be a necessary factor to attract waves of foreign investment into Vietnam, experts are warning that the massive licensing of new projects and expanding existing ones by local authorities could lead to an oversupply situation.
techcombank locks foreign ownership ratio at 225 per cent

Techcombank locks foreign ownership ratio at 22.5 per cent

The Ho Chi Minh City Stock Exchange (HSX) has just announced that the Hanoi-based commercial bank Techcombank confirmed setting its foreign ownership limit at 22.4908 per cent.
the biggest winners of stock rally in bank and real estate

The biggest winners of stock rally in bank and real estate

Stock market prospects are rosy this year, propelled by strong corporate earnings and capital raising. Hoang Viet Phuong, head of Research at SSI Securities, discussed the major themes for bank and property-related stocks, which are the two largest sectors in the domestic equity landscape.
ssi becomes first with market cap above 1 billion

SSI becomes first with market cap above $1 billion

As of April 19, SSI Securities became the first domestic securities firm securing a market capitalisation of over $1 billion.
masan raises foreign ownership limit to 100 per cent

Masan raises foreign ownership limit to 100 per cent

Vietnamese conglomerate Masan Group has just been approved by the State Securities Commission (SSC) to increase its foreign ownership limit to 100 per cent.
sbv clamping down on credit risks

SBV clamping down on credit risks

Despite stringent requirements applicable for risky sectors such as securities, real estate, and build-operate-transfer projects, credit is envisaged to grow in the coming quarters given the favourable interest rates and a much-improved risk management mechanism. 
developing groups on a global scale

Developing groups on a global scale

Private conglomerates have been making a splash in recent times, with big names like Vingroup, Masan Group, and Nova Group starting to turn heads outside the country. Van Dong and Minh Tam from Viet Dragon Securities look into the country’s current situation and point out the pros and cons facing Vietnamese groups on the way to reaching regional and global status.
hdi global se fined for violating foreign ownership rules

HDI Global SE fined for violating foreign ownership rules

On April 16, the State Securities Commission (SSC) issued a decision to sanction administrative violations against HDI Global SE – a Germany-based corporation which is the major shareholder of Vietnamese non-life insurer PVI – due to non-compliance with information disclosure and violating foreign ownership limit rules.
market upgrade prospects favourable

Market upgrade prospects favourable

Under a favourable economic backdrop, multiple trade agreements, and supportive fiscal and monetary policies, Vietnam’s economic recovery is expected to remain strong. Minh Le, Tran Nguyen, and Hoa Tran, analysts from Mirae Asset Securities, write about the country’s prospects and how Vietnam could be a potential candidate for an emerging market upgrade by 2022.
vietinbank securities bags 90 million syndicated loans from international banks

VietinBank Securities bags $90 million syndicated loans from international banks

The $90 million syndicated loans, with preferential rates and support from foreign lenders, will add more fuel to VietinBank Securities’s loan advisory and financing arrangements activities.
grab plans to go public in us in partnership with altimeter

Grab plans to go public in US in partnership with Altimeter

Grab Holdings Inc., Southeast Asia’s leading superapp, today announced that it intends to go public in the US in partnership with Altimeter Growth Corp. (Nasdaq: AGC) in what is expected to be the largest-ever US equity offering by a Southeast Asian company. The combined company expects its securities will be traded on NASDAQ under the symbol “GRAB” in the coming months.
blockbuster deal in 2021 ipo of vietnams no 1 real estate brokerage

Blockbuster deal in 2021: IPO of Vietnam's No. 1 real estate brokerage

More than 1,000 guests, including individual investors, financial institutions, securities companies, and experts in the real estate industry attended the "IPO DXS – Blockbuster deal 2021" event by Dat Xanh Real Estate Service JSC, held in Ho Chi Minh City on March 29.
slight rate moves projected for year

Slight rate moves projected for year 

Since the outbreak of the pandemic, the State Bank of Vietnam (SBV) has slashed rates three times, in March, May, and October to aid the economy. The refinancing and rediscounting rate are now at a new record low of 4.0 per cent and 2.5 per cent, respectively, while interbank rates and bond yields have experienced a downward trend since June.
vietinbank securities secures 30 million syndicated loan from four taiwanese banks

VietinBank Securities secures $30 million syndicated loan from four Taiwanese banks

VietinBank Securities – the brokerage arm of state-owned VietinBank – today successfully wrapped up a mortgage loan agreement of roughly $30 million with a group of four international banks from Taiwan.