After increasing charter capital to VND5,455 billion recently, Mirae Asset Securities Vietnam has become one of the largest securities companies in the country in term of the index.
Vietnam’s first-ever Corporate Governance Code of Best Practices for Public Companies has been introduced by the State Securities Commission of Vietnam on August 13, aimed at aiding further development of the capital market.
Vietnam's largest securities company has secured a $55-million loan from six foreign banks.
Customers who buy corporate bonds 'iBond' issued by Techcom Securities Company Limited can pledge them for a loan from this bank.
The $150-million deal will be completed within next three months, adding to the list of business sectors of the Korean financial group in Vietnam covering banking, financial services and securities activities.
Although the securities market has recovered recently, there still exist more risks than in 2017, according to analysts from Maybank Kim Eng Securities Limited.
In the context of a decelerating revenue, the mergers of related companies and the shift to larger value-added businesses may be the potential drivers contributing to Coteccons’ growth in the medium term.
Vietnam's stock market has drawn a significant amount of capital from Korean investors and Korean fund management companies only have raised hundreds of millions of dollars to invest in Vietnam securities recently.
Apart from the traditional business investment fields such as securities and real estate, in 2018 the fields associated with 4.0 generation technology, green growth are forecast to achieve outstanding growth, according to Bui Tat Thang. Ph.D - Director of Vietnam Institute for Development Strategies,
The State Securities Commission of Vietnam (SSC) has issued decisions to sanction a number of companies due to their violations in the securities sector.
Due to the recent rapid growth of the stock market, the State Securities Commission of Vietnam (SSC) has taken steps to control the flow of loans into the stock market.
State Bank Governor Le Minh Hung said that securities loans amount to VND10 trillion (US$441 million), adding “The proportion of securities lending is very low compared to the total credit loan, a sharp year-on-year decrease.”
That is the opinion of Nguyen Duy Hung, Chairman of the Board of Directors of Saigon Securities Inc. (SSI) when discussing about capital markets in the Nikkei Asia Review Forum just organized in Vietnam.
In addition to private companies' initial public offering (IPO) plan, many state-owned enterprises (SOEs)' equitizations have strongly boosted Vietnam's stock market recently.
