Many banks to pay dividends in shares

Many banks have announced their dividend payout plan in shares to raise capital and improve competitiveness amid the prolonged COVID-19 pandemic.

Huge volume of shares flock to HoSE despite current overload Despite chronic overload on the Hồ Chí Minh Stock Exchange recently, a series of stocks are still making their way to the main bourse in March, putting more pressure on the exchange.

Listed banks to pay high dividends

Some listed banks have planned to pay a surprisingly high dividend rates this year.

Fishery exporters take pandemic in their stride Việt Nam’s seafood exports this year are expected to be worth US$9.4 billion in all, an increase of 10 per cent from 2020.

Foreign businesses hail Government’s efficient COVID control efforts, express relief

It has been a tough year for the global economy. Thanks to the all-out efforts made by its Government, Việt Nam is one of the few countries in the world whose GDP grew in 2020. This has also benefited foreign investors and entrepreneurs in the country.

OCB eyes spot among 5 best private bank in Việt Nam

Orient Commercial Join Stock Bank wants to become one of the top five private banks in Việt Nam, its chairman, Trịnh Văn Tuấn, has said.

Banks to make provisions for COVID-19 affected loans this year Banks will have to set aside money for potentially unrecoverable COVID-19 affected loans from this year, according to an amended circular drafted by the State Bank of Việt Nam (SBV).

Huge volume of new shares, record liquidity put HoSE system under pressure The HCM City Stock Exchange (HoSE)’s technical system was under significant pressure with billions of new shares recently listed and to be listed on the bourse and huge cash inflow which boosted the market liquidity to record high levels.

Banks sprint to transfer listing to official bourses Banks are sprinting to transfer the listing of shares from Unlisted Public Company Market (UpCom) to official bourses before the Law on Securities takes effect from the beginning of 2021, which would require two-year listing on UpCom before a public company could go to official bourses.

Consumer finance companies remain attractive acquisition targets A spokesperson for FE Credit Consumer Finance Company said the Covid-19 pandemic had somewhat affected the company’s business but the price of its stock would not change thanks to its advantages and the market’s great potential.