More M&A deals in the banking sector next year: local media Việt Nam’s equity market may witness big merger and acquisition (M&A) deals in 2021 as local banks are trying to lure foreign capital on the country’s participation in international trade deals.

Enlarging the securities market a hard task Expanding the size of the securities market so that it becomes an alternative source of funding for companies beside bank loans remains a hard task for both market regulators and securities companies.

HAGL Group: Asset sales overwhelmed by cost growth, production drop During the same period, extraordinary expenses reached VNĐ1.43 trillion as the company had to assess non-profitable assets and change its palm and rubber farms to fruit farms.

HAGL offloads entire stake in realty arm HAGL once held 100 per cent ownership in the real estate unit. In the third quarter of 2018, HAGL Land issued 125 million shares for VNĐ13,414.63 ($0.58) per share in a private deal.

Keep an eye on core inflation: analysts Some experts have said recently there is an excessive money supply in the economy. They pointed to core inflation of 1.96 per cent year-on-year in June this year, warning this is the correct measure of prices rather than headline inflation, which most people follow in the country.

Sharp rises in Q2 corporate earnings come from asset sales

A number of listed companies have reported sharp increases in their quarterly profits as they have performed well in selling stakes in sub-units and projects.

Aquatic firm sets to withdraw from two sub units Aquatic producer and exporter Hùng Vương Corporation plans to sell its stake in two smaller seafood processing firms.

Banks’ interest receivables get little attention Experts have called on the Ministry of Finance and State Bank of Việt Nam to carefully assess how lenders are accounting for interest receivables in order to take proper measures to make them reflect their actual revenue situation.

SCIC reports 2018 profits 52 per cent higher than target

On Monday, the State Capital Investment Corporation (SCIC) reported after-tax profit of VNĐ8.25 trillion (US$358.7 million) in 2018, 52 per cent higher than the target for the year.

Viglacera eyes stake cuts in sub-units

State-owned glass and ceramics producer Viglacera has announced it aims to complete selling stakes in several of its subsidiaries by the end of this year.