SSI increases charter capital to $259.3 million with bonus share issue

SSI Securities Corporation has increased its charter capital to over VNĐ6.029 trillion (US$259.3 million), 1,001 times the capital it had at the time of establishment.

MB gets nod to increase charter capital to more than $1 billion The State Bank of Việt Nam has approved Military Commercial Joint Stock Bank (MB)’s proposal to increase its charter capital to VNĐ24.42 trillion (US$1.06 billion) from VNĐ23.73 trillion.

KEB Hana Bank becomes BIDV’s strategic shareholder

South Korea’s KEB Hana Bank has officially become a foreign strategic shareholder in the Bank for Investment and Development of Việt Nam (BIDV) following a cooperation agreement with the two sides inked on Monday.

Minh Phú Seafood to remove non-core businesses to ease foreign ownership

Việt Nam’s leading shrimp exporter Minh Phú Seafood Corporation has approved a plan to remove some of its non-core businesses to pave the way for foreign investors to buy more shares in the company.

Mobile World Investment to issue $46m dividend stock

Mobile World Investment Corporation will issue 107.6 million shares to pay shareholders dividends at a rate of 3:1 after achieving positive business results.

PAN finalises Japanese deal

Vietnamese agriculture and food company PAN Group JSC has finalised its private placement plan with Japanese Sojitz Corporation, which is projected to take place between now and the end of the year. 

OCB succeeds in share issue to raise capital

Orient Commercial Bank (OCB) has successfully issued shares worth more than VNĐ900 billion (US$38.29 million) to increase charter capital.

Ministry of Transport registers to buy 164.7 million shares of Vietnam Airlines

The Ministry of Transport (MoT) has registered to buy 164.73 million shares of Vietnam Airlines, a move which will maintain its holding in the national flag carrier at 86.16 per cent.

Volatility returns to foreign exchange rates

On May 29 the State Bank of Việt Nam adjusted the đồng-US dollar exchange rate, weakening the Vietnamese currency by VNĐ9 to VNĐ22,605 per dollar, which represented the greenback’s biggest rise so far this year.

SAM Holdings seeks additional share issue to finance new investments

SAM Holdings Corp is seeking its shareholders’ approval to issue additional 101 million shares and offer a stock dividend rate of 3 per cent for the 2017 business result.