Posts Tagged ‘ Stock Exchange ’

Vietnam to have one national stock exchange 

January 18, 2012
Vietnam to have one national stock exchange 

Vietnam now has two stock exchanges, both of which are small Vietnam will only have one stock exchange instead of two as at present under the Finance Ministry’s plans to restructure the securities market in 2012. Under a new plan approved by the ministry last week, market reforms will focus on reorganizing the country’s stock exchanges and [...]

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BIDV to sell 3 pct stake as Vietnam restarts asset sales 

December 2, 2011
BIDV to sell 3 pct stake as Vietnam restarts asset sales 

BIDV's shares will be listed on the Ho Chi Minh Stock Exchange next year. Bank for Investment and Development of Vietnam, the country’s third-largest lender, plans to sell a 3 percent stake in an initial public offering this month as the government revives state asset sales amid slumping stock prices. BIDV will hold the IPO, [...]

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Vietnam’s Masan group says considering listing shares abroad 

October 29, 2011
Vietnam’s Masan group says considering listing shares abroad 

A staff worker at a Masan Mart shop, which is owned by Masan Group. Masan Group Corp., the food, banking and natural-resources company that’s the biggest stock in the Ho Chi Minh City Stock Exchange, said it’s considering listing shares abroad. Masan may sell shares by issuing new stock, depositary receipts, convertible bonds or securities [...]

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Vietnam working on plan to merge two stock exchanges 

October 25, 2011
Vietnam working on plan to merge two stock exchanges 

  Vietnam’s State Securities Commission is working on a plan to merge the nation’s two stock exchanges, according to Tran Dac Sinh, chief executive officer of the Ho Chi Minh City Stock Exchange, the main bourse. The Southeast Asian nation should follow regional neighbors and have only one stock exchange, Sinh said in a telephone [...]

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Vietnam’s HSC to boost advisory works as M&A deals accelerate 

September 16, 2011
Vietnam’s HSC to boost advisory works as M&A deals accelerate 

  Ho Chi Minh City Securities Corp., Vietnam’s second-biggest brokerage by market share, expects its advisory business to grow as much as two-thirds as overseas and local companies tap into the nation’s rising consumer spending. The securities firm, also known as HSC, typically has 30 to 35 advisory deals ongoing per year, Chief Executive Officer [...]

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Vietnam’s Mekong Housing Bank sets IPO on July 20 

June 24, 2011
Vietnam’s Mekong Housing Bank sets IPO on July 20 

  Mekong Housing Bank (MHB), one of Vietnam’s five remaining wholly state-owned lenders, plans to raise at least VND710.6 billion (US$34.6 million) in its initial public offering next month, the country’s main stock exchange said. Ho Chi Minh City-based MHB is expected to auction nearly 64.6 million shares at a starting price of VND11,000 on [...]

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Shares now cheaper than vegetables 

June 1, 2011
Shares now cheaper than vegetables 

An investor watches market movements at a securities firm in Hanoi. Many shares have responded to their companies’ steep losses and the bear market by plummeting to record lows. (Photo by VnExpress) Shares of ceramic tile maker Vitaly are changing hands at around VND2,000 on the Hanoi Stock Exchange–the price of  a bunch of water spinach in [...]

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SaigonTel gives up on stock exchange 

May 3, 2011
SaigonTel gives up on stock exchange 

Local companies and investors may not be patient enough to stick with the market to overcome its current difficulties, a government advisor says Telecommunications firm SaigonTel plans to terminate its listing on the Ho Chi Minh Stock Exchange in what it says is a move to restructure its business in a gloomy market. “The stock [...]

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HK exchange open to alliances, adds voice to merger frenzy 

February 12, 2011
HK exchange open to alliances, adds voice to merger frenzy 

  The Hong Kong stock exchange said on Thursday it will consider international alliances after Deutsche Boerse and NYSE Euronext announced plans to form the world’s biggest trading powerhouse. Deutsche and NYSE said they are in advanced talks to form a marketplace that would have annual trading volume exceeding $20 trillion, the latest in a [...]

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Vietnam stock markets set for listing surge 

January 15, 2011
Vietnam stock markets set for listing surge 

Investors at a securities firm in Ho Chi Minh City. Many large businesses are slated to be listed on the stock exchange this year. Hordes of companies plan to float their shares on Vietnam’s two stock exchanges this year in the hopes that an improved economy will lead to market rallies. Authorities at the Hanoi [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...