Vietravel to debut shares on UPCoM

Customers make transactions at an office of Vietravel in Hà Nội. — Photo cafef.vn

HÀ NỘI — The Hà Nội Stock Exchange has announced the decision to approve the registration of trading shares of the Vietnam Travel and Marketing Transport Joint-stock Company (Vietravel).

Vietravel will trade more than 12.6 million shares on the Unlisted Public Company Market (UPCoM), with par value of VNĐ10,000 (43 US cents) per share.

In addition, Vietravel also transferred registration and depository data from unlisted mass market to UPCoM market on Vietnam Securities Depository system from August 7, 201

Vietravel currently operates domestic and international travel tours, labour export, vocational training classes, trade promotion and events.

The company is also implementing an online business growth project and carrying out charter flights for the business period in the last six months of 2019.

In the first half of this year, Vietravel’s net revenue is estimated at nearly VNĐ3.98 trillion, a year-on-year increase of 6 per cent. The company’s pre-tax profit reached around VNĐ30 billion, up 26 per cent compared to the same period last year and achieving 44 per cent of the year’s plan.

In 2019, the firm targets revenue of more than VNĐ8.61 trillion and after-tax profit of VNĐ60.8 billion. — VNS

Tags UPCoM market share

Tra fish export to UAE jumps 67 per cent in Q1

Economy

Việt Nam - an enticing destination for foreign investors: IMF expert

Economy

Apparel enterprises concern over business difficulties in Q2, despite rising orders in Q1

Economy

Capital shortage - headache for construction firms

Economy

Bình Thuận exhibition in HCM City promotes specialties

Economy

MBBank targets profit growth of 6-8% this year

More on this story

Economy

Cement, clinker exports on track to reach yearly target

During the period, 17.3 million tonnes of cement and clinker were shipped to overseas markets, the data shows.

Economy

State Treasury raises nearly $80m via G-bonds

The State Treasury of Việt Nam mobilised VNĐ1.85 trillion (US$79.54 million) through Government bond auctions on the Hà Nội Stock Exchange (HNX) on Wednesday.

Economy

GHN launches new fully automated good sorting system in Hà Nội

Giao Hàng Nhanh (GHN), a logistics service provider for e-commerce business in Việt Nam, official launched a new automatic goods sorting system with capacity of 30,000 parcels per hour at its warehouse in Long Biên District, Hà Nội on Wednesday.

Economy

Singaporean, Malaysian firms seek business opportunities in Cần Thơ

Some 27 firms from Singapore and Malaysia on Tuesday participated in a conference in Cần Thơ City to explore investment and cooperation opportunities with firms in the region, according to Cần Thơ Promotion Agency (CPA).

Economy

VN needs to invest more in agricultural processing sector

Việt Nam’s exports of farm products, fruits and vegetables in particular, have been rising consistently. But they are exported mainly as raw and fresh items, offering low value addition.

Economy

China's prolonged falling yuan may harm Việt Nam's trade

China’s yuan (renminbi) has remained above the sensitive level of seven to the US currency for the last three days, hinting that trade friction between the US and China is entering a dangerous phase. The escalating tension between the two world powers is predicted to have negative impacts on Việt Nam’s trade in the short term.