The government has approved a scheme on restructuring the stock market which asks for all commercial banks to go listing.
Techcombank, HDBank and Tien Phong Bank are the latest banks to have listed shares on Ho Chi Minh Stock Exchange while the UPCoM are witnessing share transactions of VIB, BacA Bank, LienVietPost Bank and KienLong Bank.
In total, there are 17 banks listing shares on the Ho Chi Minh Stock Exchange, Hanoi Stock Exchange and registering transactions on UPCoM.
However, there are still dozens of unlisted commercial banks including SCB, MSB, NamA Bank, SeaBank, AB Bank, VietABank, OCB, VietCapital Bank, VietBank, Saigon Bank and BaoViet Bank.
Among them, OCB has the biggest potential to successfully complete its listing process this year. NamA Bank, VietBank and AB Bank approved the plan for registration on UPCoM since 2018 and the listing on HOSE by 2020.
MSB, SeaBank and other small banks have not shown any signal for listing their shares on the bourse. Whether to list or not may be a hot topic during the annual general shareholder meeting to be held in the next couple of months.
PGBank is in the merger process into HDBank which is expected to complete by early 2019. PGBank's shareholders will become HDBank’s shareholders and the stock will then be traded on HOSE.
Tags:
Tags:
The global electric vehicle boom presents numerous opportunities for Vietnam's economy, supported by leading technology suppliers like Bühler Group.
A.P. Moller–Maersk has launched its first bonded warehouse in Vietnam, situated in the SLP Park in Nam Dinh Vu Industrial Park, Haiphong.
Vietnam's T&T Group and Qatar’s JTA investment group have unveiled plan to develop a $4.5 billion international-standard sports complex and Disneyland-style theme park in Hanoi’s Dong Anh district.
This initiative aims to bring unique agricultural products from the region to visitors and consumers in Vietnam.
Michelin has been selected by NASA to participate in the research team for phase 1 of the Artemis project. The company's task involves researching and developing specialized airless wheels intended for lunar rovers.
Bcons Group has been leaving a lasting impression on the southern Vietnam’s real estate market. At the core of its achievements lies a single principle - “Trust” - the foundation that has propelled the company toward success and accelerated its transformation into a multi-industry conglomerate.
