SCIC to sell entire stake in cooking oil giant Vocarimex The State Capital Investment Corporation (SCIC) has announced it will sell its 36.3 per cent stake, or 44.2 million shares, in the Việt Nam Vegetable Oils Industry Corporation (VOC).

Military-run telecom giant Viettel to sell 6 per cent stake in Viettel Post Military-run telecom giant Viettel plans to divest a 6 per cent stake in its affiliate Viettel Post Joint Stock Corporation (VTP) via a public auction at the Hà Nội Stock Exchange in November.

Dragon Capital fund to buy more than 2.8 million ACB shares DC Developing Markets Strategies Public Limited Company (DCDMSPLC), a member fund of Dragon Capital fund group, has registered to buy more than 2.8 million shares of Asia Commercial Bank (ACB).

VN-Index loses momentum, banks progress on cash-preserving decision Việt Nam’s benchmark VN-Index gave up early gains despite the strong growth of financial-banking stocks as profit taking strengthened at 930 points.

VIB's pre-tax profit surges 52% in Q3 As of September 30, 2020, the bank's total assets reached over VNĐ213 trillion while its credit over VNĐ151 trillion, up 14.2 per cent year-over-year, tripled the industry average, according to the data. 

Banks to keep profits on new decree

A new decree released by the Government will allow State-owned commercial banks to save cash to increase their strength instead of paying dividend to shareholders.

Vinamilk completes charter capital hike plan The largest dairy producer by market value Vinamilk (HoSE: VNM) has completed issuing more than 348 million shares to raise charter capital.

Việt Nam Rubber Group to expand tyre production via M&A The Việt Nam Rubber Group JSC (VRG) plans to invest in tyre and tube production via mergers and acquisitions (M&As) over affiliate companies of the Việt Nam Chemical Group (Vinachem).

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.

Dragon Capital fund sells 5 million shares of Khang Điền House Vietnam Enterprise Investments Limited Fund (VEIL), run by Dragon Capital, announced Wednesday it had sold 5 million shares of Khang Điền House Trading and Investment JSC (KDH) via a put-through method on September 11.