Kinh Do to roll out 39.5 million shares

Kinh Do to roll out 39.5 million shares

Multi-business group Kinh Do will this year issue 39.5 million shares to muscle-up its profit growth.
Eximbank, Sacombank marriage

Eximbank, Sacombank marriage

Vietnam’s two leading joint stock lenders, Eximbank and Sacombank, might merge in the next five years.
Stubborn economic woes hit on banks’ capital commitments.

Stubborn economic woes hit on banks’ capital commitments.

In their statements to the general annual shareholders meetings for 2012, most Vietnamese banks mulled hiking chartered capital to add financial heft and sharpen competitiveness.
VEC on the road to recovery

VEC on the road to recovery

A specific mechanism is crucial to ensuring the efficiency of leading state-own highway developer Vietnam Expressway Corporation.
Middle of the road banks look for mergers

Middle of the road banks look for mergers

Group II banks are looking to address capital issues by sourcing business expansion partners.
Banks joining race to raise capital

Banks joining race to raise capital

Confident local banks are rolling out capital hike plans this year. Headlining the trend is Vietinbank with State Bank approval to raise its chartered capital to VND26,217 billion ($1.2 billion) from VND20,228 billion ($970 million) by issuing dividend shares.
Taking aim at banks’ credit growth

Taking aim at banks’ credit growth

Industry insiders are attacking foreign banks’ credit growth in 2012.
Aviation sector seems wings

Aviation sector seems wings

Local aviation transport will be knocked into shape if a Ministry of Transport draft decree gets the government’s thumbs-up.
BIDV’s IPO is rubber-stamped

BIDV’s IPO is rubber-stamped

The prime minister has given the thumbs-up for state banking behemoth BIDV’s equitising plan.
Business naming to be stringently addressed

Business naming to be stringently addressed

Setting naming criteria for business groups is important as the Law on Enterprises mandates that the government introduces detailed guidance on this issue
Banks think big despite hiccups

Banks think big despite hiccups

Big banks are weighting up high profit targets for 2011 despite current economic vulnerabilities.
Vinafreight wraps up its ambition in a nice package

Vinafreight wraps up its ambition in a nice package

Vinafreight currently holds a 12 per cent air cargo services market share in Vietnam. Vietnam Freight Forwarders Association chairman and Vinafreight’s chairman Do Xuan Quang tells VIR about the firm’s ambitious development plans.
Deck reshuffled to keep shareholders sweet

Deck reshuffled to keep shareholders sweet

Maintaining shareholders’ profits is forcing joint stock banks into a taxing juggling act.