hdbank estimates 67 per cent rise in first quarter profit

HDBank estimates 67 per cent rise in first-quarter profit

Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank – HSX: HDB) announced that its estimate of pre-tax profit in the first quarter of 2021 exceeded VND2 trillion ($86.96 million), an increase of more than 67 per cent compared to the first quarter of 2020. Income from services doubled that of the same period for three consecutive quarters, showing great potential.
quick cash alternative in international bonds

Quick cash alternative in international bonds

Besides domestic cash and traditional corporate bonds, Vietnamese conglomerates are actively seeking to raise foreign funds by jumping on the international convertible bonds bandwagon – a viable approach to maximise their capital efficiency and enhance their international reputation.
sk group to acquire 1626 per cent stake in vincommerce

SK Group to acquire 16.26 per cent stake in VinCommerce

Masan Group Corporation and SK Group today announced the signing of definitive agreements for SK’s acquisition of a 16.26 per cent stake in VinCommerce (VCM) for a total cash consideration of $410 million. The transaction values VCM at $2.5 billion.
shares climb on the rise of bank stocks

Shares climb on the rise of bank stocks

Shares made strong gains on Monday morning, propelled by the growth of banking stocks.
shares rise on large cap stocks

Shares rise on large-cap stocks

The market rose on Wednesday morning on blue-chip stocks with the real estate sector continuing to lead the market's trend.
temporary trading system to be deployed in three months

Temporary trading system to be deployed in three months

The Ho Chi Minh City Stock Exchange (HSX) and FPT Corporation (FPT) have started building a temporary trading system, aiming to process 3-5 million orders a day.
market ends higher vn index inches closer to 1190 point level

Market ends higher, VN-Index inches closer to 1,190 point-level

Vietnam's stock market increased on Tuesday as many large-cap stocks rebounded in the afternoon session.
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.
foreign etfs leading the way

Foreign ETFs leading the way

Optimism abounds as a number of local and foreign-backed exchange-traded funds operating as the baskets of highly liquid stocks are making inroads to capitalise on the upbeat momentum of Vietnam’s stock market. 
market opens new week on positive note as large cap stocks rise

Market opens new week on positive note as large-cap stocks rise

Vietnam's stock market rose on Monday morning, reversing last week's downward trend on gains in blue-chip stocks.
shares rebound due to improved sentiment

Shares rebound due to improved sentiment

Shares ended Thursday on a positive note as foreign buying surged unexpectedly at the end of trading, pushing up a series of large-cap stocks, which helped boost market sentiment.
investors forced to wait on hsx technical upgrades

Investors forced to wait on HSX technical upgrades

Technical outages at the Ho Chi Minh City Stock Exchange during the past few months have tremendously hampered the increasing interest of retail and institutional investors, with all eyes now on Vietnam’s IT behemoth FPT to become a beacon of hope and address the clog.
ripple effect of us fiscal stimulus to vietnams growth

Ripple effect of US fiscal stimulus to Vietnam’s growth

The passage of the $1.9 trillion COVID-19 aid package in the United States will significantly and directly benefit Vietnam’s GDP growth and exports, and may also indirectly help boost stock prices in Vietnam. 
ge renewable energy secures second wind farm project in binh thuan province

GE Renewable Energy secures second wind farm project in Binh Thuan province

GE Renewable Energy has been awarded a contract by local partner Vietnam Joint-stock Construction Electricity Corporation (VNECO) to supply eight of GE’s 3.8-137MW wind turbines to support the construction of Thuan Nhien Phong (TNP) wind farm in Binh Thuan province in Vietnam’s southcentral coast, according to the company’s recent statement.
grobest supports local shrimp farmers to access top quality high yield shrimp larvae

Grobest supports local shrimp farmers to access top-quality, high-yield shrimp larvae

Grobest Vietnam Co., Ltd. has entered a cooperation with leading domestic shrimp larvae hatcheries to diversify the supply of high-quality, high-yield larvae for shrimp farmers. The combination of Grobest's 40 years of expertise in shrimp nutrition with the hatcheries’ hands-on manufacturing experience will help optimise shrimp larvae production while securing a high-quality source. The shrimp larvae hatcheries in question include: Thong Thuan, Truong Thinh, Nam My, Le Xuan Bay, Tran Hau Dien, and Shrimpvet.