There are three sectors that VinaCapital expects to benefit from very strong outlook for Vietnam’s GDP growth, including banking that has a circa 30 per cent weighting in the VN-Index), property (23 per cent), and consumer discretionary stocks (3 per cent).
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).
When the state ownership ratio diminishes, Toyota’s rivals will likely acquire VEAM stocks, creating a conflict of interest with the Japanese automaker.
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.
Korea’s multi-sector group has spent $470 million on purchasing nearly 110 million treasury shares, equivalent to a 9.5 per cent stake in Masan Group.
In addition to private companies' initial public offering (IPO) plan, many state-owned enterprises (SOEs)' equitizations have strongly boosted Vietnam's stock market recently.
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.
Vietnam Technological and Commercial Joint Stock Bank's (Techcombank) is one of the pioneer private banks to collaborate with a foreign bank by selling its stakes to the Hongkong and Shanghai Banking Corporation (HSBC). However, this cooperation has ended after 12 years.
Recently, many banking stocks simultaneously have woken up with a series of mysterious transactions which worth up to thousands of billion VND.
Shares ended Monday on a positive note as banks reacted to information that the new bad debt settlement resolution will likely be approved by the National Assembly this week.
International trade is holding bulk of Vietnamese robusta stocks.
