Analytic
Hotline: 08887 08817

S&P upgrades Vingroup credit outlook to 'B+' from 'B'

The global credit rating firm Standard & Poor’s (S&P) has raised its long-term corporate credit rating on Vingroup Joint Stock Company to 'B+' from 'B' to highlight its good sales execution, scale expansion and stable outlook.

Vincom Retail hit historic transaction as foreign investors owned up to 396.6 million shares

On the second day (Nov 07) being traded on the Hochiminh Stock Exchange (HOSE), Vincom Retail’s shares (VRE) hit the record of the stock market with 415 million shares worth nearly VND17 trillion (roughly US$740 million) being purchased.

GIC Pte and Franklin Templeton Investments disclosed to purchase about US$382 million worth stocks of Vincom Retail at its IPO

Vincom Retail, the shopping mall subsidiary of Vingroup, launched Vietnam’s largest-ever initial public offering (IPO) in a deal worth up to US$713 million.

Stock indexes
1,496.02 -0.03 0
Volume: 785,612,566 Value: 22,867 (Billions VNĐ)
466.85 6.02 1.31
Volume: 92,783,530 Value: 2,891 (Billions VNĐ)
112.22 -0.45 -0.4
Volume: 157,223,346 Value: 1,766 (Billions VNĐ)
1,523.57 -2.86 -0.19
Volume: 135,949,400 Value: 5,717 (Billions VNĐ)