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Sotrans approves full takeover by ITL Corporation

04-03-2020 16:10

South Logistics JSC (Sotrans – HOSE: STG) has submitted a proposal to allow Indo Trans Logistics Corporation (ITL Corporation) to increase its ownership at the company to 100 per cent without making a mandatory public offering.

MBBank increases capital by VND1.7 trillion

02-03-2020 16:07

The new shareholders of MBBank are foreign investors, however, the real successful transaction is lower than expected.

March portfolio rebalancing spells trouble for major tickers

02-03-2020 11:18

March rebalancings of investment portfolios may impede shares of FLC Faros, Novaland, PetroVietnam Power, and Phat Dat Real Estate, leaving investors high and dry.

Daughter of Tan Hiep Phat founder becomes largest shareholder of Yeah1

26-02-2020 14:36

Tran Uyen Phuong, the elders daughter of Tan Hiep Phat's founder Tran Qui Thanh, has become the largest shareholder of Yeah 1 Group after purchasing 21.61 per cent of the shares for around VND300 billion ($13 million).

Global and Vietnamese stocks dropped low by global COVID-19 fears

25-02-2020 11:45

Global and Vietnamese stocks have been gripped by an overall negative sentiment as the COVID-19 epidemic rears up in a growing number of economies. While a few stand to benefit, investors are largely cautioned to hold their bets.

FE Credit takes crucial step to IPO

24-02-2020 17:10

FE Credit has changed from the company limited to the joint-stock company operating model in preparation for its initial public offering (IPO) this year.

Yeah1 sells six million stocks to undisclosed strategic partner

24-02-2020 16:54

Yeah1 stocks (HSX: YEG) produced a minuscule rise after the company chairman and general director sold six million shares to an unnamed strategic partner for VND300 billion ($13 million).

VN stocks fall as investors look for short-term profits

22-02-2020 11:27

Vietnamese shares declined on Friday as investors looked for profits in large-caps and the banking sector.

Vietnam to contribute a quarter of Central Group susidiary's revenue

21-02-2020 15:59

In the next five years, Vietnam's contribution could grow to 25 per cent of the revenue of Central Retail, a Central Group subsidiary which has just conducted a successful $8.1 billion IPO.

VN stocks ease as market sentiment turns cautious again

20-02-2020 17:17

Vietnamese shares’ gains eased on Thursday morning as the prolonged coronavirus outbreak kept market sentiment low.

Masan Consumer bags half the shares in Net Detergent JSC

20-02-2020 11:20

Masan HPC Co., Ltd. (Masan HPC) has successfully acquired 52 per cent of the shares in Net Detergent JSC at an average price of VND48,000 ($2.08) per share, implying a full valuation of $46 million and a price to earnings multiple of 13x.

$1.17 billion of Sabeco capitalisation evaporates

19-02-2020 16:34

Sabeco stocks have dropped to the lowest level since the company came into the hands of Thai Beverage Pcl., with its capitalisation shedding more than VND27 trillion ($1.17 billion) since the Lunar New Year.

Apple to miss revenue forecast as iPhone supply hit by COVID-19

19-02-2020 14:00

Apple announced on Monday (Feb 17) it would miss its March quarter revenue forecast and global iPhone supplies would fall because of the deadly coronavirus epidemic, triggering a fall in Asian stock markets.

Specialist loans to jack up SME growth

18-02-2020 15:00

Small- and medium-sized enterprises in Vietnam looking to develop new capabilities will now get a leg-up from business loans provided by Military Bank, Saigon-Hanoi Commercial Joint Stock Bank, and BAC A BANK. However, lenders are warned to keep an eye on the risks of financing these firms.