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.

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

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. 

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

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.

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 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.

Vietnam Airlines Corporation has secured the approval of the Ministry of Transport (MoT) to proceed with its plan to transfer the rights to purchase additional shares of its State shareholders.

The Competition and Consumer Protection Department under the Ministry of Industry and Trade has given the go-ahead for the merger and acquisition (M&A) deal between the two largest local electronic retailers – Thế Giới Di Động (Mobile World) and Trần Anh Digital World.