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.
bright prospects for bank stocks

Bright prospects for bank stocks

Bank tickers are anticipated to remain in the spotlight in 2021, with investors racing to capitalise on bright profit prospects. Choosing the right tickers, however, is a continuing headache for investors.    
vinfast rumoured to be planning ipo in us

VinFast rumoured to be planning IPO in US

Local conglomerate Vingroup is considering holding an initial public offering (IPO) for its carmaker VinFast in the US, to mobilise an estimated $2 billion, equivalent to the minimum asset value of $50 billion.
vn index rises nearly 11 points on real estate stocks

VN-Index rises nearly 11 points on real estate stocks

Shares continued their rally during Monday's trade with the VN-Index posting a gain of nearly 11 points on real estate and materials stocks.
shares to climb on positive q1 earning results

Shares to climb on positive Q1 earning results

Shares are forecast to go up this week, propelled by foreign net buying and positive first-quarter business results from listed companies.
fundamentals all in place for vietnamese stocks to take off

Fundamentals all in place for Vietnamese stocks to take off

I recently had a discussion with our team of analysts on what the key factors are when analysts issue recommendations on individual stocks. Analysts need to have an understanding of the current developments of the global economy and the economy of the target country. Only then can they arrive at the right risk/return assumptions for long-term stock selections.
corporate bond rush heads for slowdown

Corporate bond rush heads for slowdown

With Vietnamese regulators’ efforts to minimise the risks of corporate bonds’ mass issuance, the landscape is predicted to be cooled down compared to a frenzy of debt instruments in the previous period.
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.