Thành Thành Công Tây Ninh Joint Stock Company (TTCS) will fully acquire Biên Hòa Sugar Joint Stock Company (JSC), becoming in the process the biggest sugar producer in Việt Nam.
Stock analysts remain cautious on the market outlook this week in the context of a deficiency in supporting information as well as the weakening participation of foreign traders.
Japan’s Kirin Holdings Co. Ltd expects to make a long-term strategic investment in Sài Gòn Beer-Alcohol-Beverages Joint Stock Corporation (Sabeco), Việt Nam’s leading beer producer.
Bank stocks strengthened during Friday’s afternoon trade which rescued the VN-Index from another fall as investor sentiment remained fragile.
Market was fragile when the stock indices have moved ups-and-down since the early this week on weakening investor sentiment.
Shares rebounded yesterday after four consecutive downturns on the two national stock exchanges last week, boosted by recovery of large-cap stocks.
Seven State-owned enterprises’ (SOEs) equitisation plans were approved in July, bringing the total number for the first seven months of 2017 to 26.
Vietnamese shares have had a rough losing week and the next five trading sessions at least are likely to trade negatively, according to analysts and brokerage companies.
Increased merger and acquisition (M&A) activities can spur infrastructure development in Viet Nam, a current growth imperative, Planning and Investment Minister Nguyễn Chí Dũng said yesterday.
Việt Nam’s stock market has 23 companies valued at over US$1 billion and most of them have reported higher business results in the first half of this year.