Masan Consumer acquires 52 per cent in Net Detergent JSC

Masan HPC Company Limited (HPC), a wholly-owned subsidiary of Masan Consumer Corporation (MCH), has successfully acquired a 52 per cent stake of Net Detergent JSC (NETCO) at an average price of VND48,000 (US$2.07) per share, according to a press release.

Investment funds make more stock purchase despite decling prices Although the novel coronavirus epidemic COVID-19 has been continuously slamming the stock market, sending stock prices down, many investment funds are still actively buying.

Public companies fined for late share trading Six companies have been fined VNĐ300-350 million (US$12,920-15,070) each for not trading shares on the stock market after becoming public.

MoF to penalise use of epidemic rumours to manipulate stock prices The deadly coronavirus outbreak has been roiling global markets and the Vietnamese stock market has also been seriously affected.

Derivatives market hopes to start well in the year of the rat The derivatives market is likely to grow stronger in 2020, offering high profitability to investors, analysts have said.

Trading liquidity key to market growth

Trading liquidity is key to luring foreign capital into the Vietnamese stock market in 2020 when the local equity market is being weighed down by negative ratings and global developments.

Firms ask for delay financial statements release The Hồ Chí Minh Stock Exchange (HOSE) has received dozens of documents from listed companies asking for an extension of the disclosure of this year's financial statements.

More restructuring for fund management firms in 2020: SSC

Fund management companies will get further restructured in 2020, according to vice chairman of the State Securities Commission Phạm Hồng Sơn.

PwC, Deloitte receive 'good' accreditation in 2019 Two auditing firms were graded “Good” by the State Securities Commission (SSC) regarding the quality of their services in 2019, while eight others were deemed “Acceptable”.

Stock market a pillar of economic growth

A sustainable stock market would help drive Việt Nam’s economic growth and serve the nation, said Minister of Finance Đinh Tiến Dũng. Dũng made the statement at a ceremony held at the Hà Nội Stock Exchange yesterday to open the first trading session of 2020.