Half of local firms use IFRS More than half of companies in Việt Nam have been adopting international financial reporting standards to meet investors’ expectations and improve their corporate governance

Billions of banking stocks to flood market under dividend plans

Billions of banking stocks are about to flood the market with banks planning to pay stock dividends and issue new shares to raise their charter capital.

FTSE Russell keeps VN at secondary emerging market level Việt Nam remains as a secondary emerging market following the latest market re-classification by the British analytics and data solution provider FTSE Russell.

Controversial draft decree may make banks lose potential foreign investors

A draft decree being developed by the State Securities Commission to implement the amended Law on Securities may cause local banks to lose out on potential foreign investment.

SSC prepares circular to oversee trading activities

The Ministry of Finance is collecting feedback on a draft circular to help market regulators oversee trading activities on the stock market.

HDI Global SE fined US$8,000 for information disclosure, foreign ownership violations The State Securities Commission (SSC) last week issued a fine of VNĐ185 million (roughly US$8,000) to HDI Global SE for violating rules on foreign ownership and information disclosure.

New circular helps perfect financial products and stock market: expert The State Securities Commission’s draft circular to replace an older one on the guidelines for securities trading is in line with modern trends, perfecting financial products and their diversities, adjusting trading time to suit the needs of domestic and foreign investors, said an expert.

Intraday trading, short selling soon available: draft circular1 Within the trading day, if the total quantity of stocks bought by the investor outclasses the quantity of stocks offered for sale or vice versa, the brokerage house is obliged to balance the cash or the stock difference when the transactions are settled.

Masan to issue bonds worth $345.4m to augment working capital, pay debts Masan Group Corporation plans to issue VNĐ8 trillion (US$345.4 million) worth of bonds to increase its working capital and repay the debts it owes following the acquisition of VinCommerce, operator of the VinMart and VinMart+ retail chains.

New rule, portal developed for corporate bond market The Hà Nội Stock Exchange (HNX) has issued a new rule to run the corporate bond portal to publicise bond deals and give investors more news about the market.