The Vietnamese dong has strengthened against the U.S. dollar after hitting a peak in late July, with the exchange rate now at its lowest level in several months.
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Currency and interest rate fluctuations have had a detrimental impact on garment and textile exports.
According to Dragon Capital, the issuance of bonds this time is considered a necessary measure to moderate exchange rate fluctuations, rather than indicating a shift in monetary policy.
DEG has agreed to pour $28 million in exchange for a number of preferred stocks issued by Vietnam’s Thanh Thanh Cong Bien Hoa JSC (TTCSugar).
Masan Group is going to trade its MeatLife’s shares on the local stock exchange in 2019 and targeting at getting all of its subsidiaries on the board of stock by 2023 in a bid to maximise its shareholders’ benefits.
When opportunities in the local stock exchange become limited, investors are turning their eye onto startups and early-stage companies, who are fortunately blessed with supportive factors to grow bold with the nation.
Being the first media company in Vietnam to be listed on the stock exchange, Yeah1 has made the largest successful divestment deal ever when VinaCapital got the return up to $127 million from its only $3 million investment in Yeah1.
2018 witnessed the comprehensive success of Vietnam's economy when all 12 socio-economic criteria have been fulfilled and many new records have been set.
The Vietnamese government will have appropriate improvisation instead of floating the exchange rate under the context of escalating trade war between the U.S. and China, according to economic experts.
In preparation for listing on Ho Chi Minh City Stock Exchange scheduled in the first quarter of next year, Maritime Bank has recently announced a release of shares transfer restrictions to facilitate the bank’s shareholders’ transactions.
Hai Phat Invest is expected to list on Ho Chi Minh Stock Exchange as part of its plan to raise cash for property development.
Vinhomes with the code VHM's listing contributed to raising the market capitalization of Ho Chi Minh City Stock Exchange by about ten per cent.
Fitch Ratings has upgraded Vietnam’s rating from "BB-" to "BB" proving the nation’s improvement on economic growth, foreign exchange reserves and government debt.
Novaland has successfully raised $160 million from the issuance of its global convertible bonds which are officially listed on the Singapore Exchange.
