Masan Group to distribute over $47.7 million as advance dividend for 2021 Based on its excellent results for the first half of 2021, Masan Group Corporation has decided to distribute more than VNĐ 1.1 trillion (over US$47.7 million) worth of profits in advance as dividends to shareholders for this year.

Higher foreign ownership imperative, say banks

Last August Prime Minister Nguyễn Xuân Phúc issued Decision No.986/QĐ-TTg on the Development Strategy of the Banking Sector.

Stock bourses’ merger plan submitted to Government: Finance ministry

The plan for the merger of the Hà Nội and HCM stock exchanges has been submitted to the Government for review, according to the Ministry of Finance.

Gemadept eyes 227% rise in profit

Logistics firm Gemadept Corporation (Gemadept) estimates its full-year pre-tax profit will jump 227 per cent to VNĐ2.13 trillion (US$94.7 million) in 2018.

Moody’s predicts average 2018 GDP growth at 6.7%

Moody’s Investors Service has predicted that Việt Nam’s GDP (gross domestic product) growth will remain robust, averaging 6.7 per cent in 2018.

PV Gas may sell 30% of charter capital

etroVietnam Gas Corporation (PV Gas) may sell 30 per cent of its total shares to a strategic investor in 2020,  the firm’s chairman, Lê Như Linh, said yesterday.

All eyes on Sabeco shares

Vietnamese shares are expected to move marginally in the last two trading weeks of 2017 as investors take a rest, however the selling of brewer Sabeco shares should give a short boost to the market.

MoF to publish names of errant privatised SOEs

The Ministry of Finance said the names of State-owned enterprises (SOEs) which had been privatised but failed to list on exchanges as per the regulations would be published on the Government’s e-portal.

More than VNĐ15 trillion tax arrears irrecoverable

Irrecoverable tax debts were estimated to total more than VNĐ15 trillion (US$669.6 million) as of October 31, rising by 1.4 per cent over the end of last year, the General Department of Taxation said.

Privatisation of SOEs must be sped up: experts

In order to create a fair business environment to promote the development of the private sector as what the Government has goaled in 2016-20 economic overhaul, experts said the restructuring of the State-owned enterprises (SOEs) must be hastened.