Techcombank raises foreign cap to allow foreign employees to buy shares Private-quity lender Techcombank has raised foreign ownership limit to 22.5076 per cent from 22.4951 per cent.

Mộc Châu Milk to sell shares, raise capital Some 39.2 million shares will be sold to the strategic investors for VNĐ30,000 per share, valuing the deal at VNĐ1.17 trillion.

Long Sơn PIC to raise capital for new industrial park project

Long Sơn PIC will sell 65 million shares to Gelex Energy, a member of the Vietnam Electrical Equipment JSC (Gelex)

Vinamilk sees revenue and profit both up despite COVID-19 Despite the impact of COVID-19, dairy producer Vinamilk’s total revenue and profit in the first half of 2020 still rose 3-7 per cent on-year, CEO Mai Kiều Liên said on Friday.

Vietravel to discuss private share sales at annual meeting The selling price must not stay below Vietravel’s on-issuance date share price or the firm’s booking value recorded in the latest financial report

Lender ACB to issue bonus shares at the rate of 30 per cent Every shareholder will receive three new shares for every 10 shares they hold, meaning ACB will have to issue nearly 499 million new shares.

SHB to raise capital to US$832 million The bank will issue bonus shares at a rate of 10 per cent in the third or fourth quarter of the year to raise capital.

SHB completes share issuance to raise charter capital to US$650.5 million Sài Gòn – Hà Nội Joint Stock Commercial Bank (SHB) has successfully issued more than 500 million shares, increasing its chartered capital to VNĐ17.5 trillion (US$750.5 million).

Seafood processor Hùng Vương cuts revenue forecast, returns focus to aquaculture Seafood processing business Hùng Vương has cut its revenue target by 8 per cent from the last projection to more than VNĐ11.5 trillion (US$495 million) for the 2020 financial year.

MB Bank sells shares in a private deal The Military Commercial Joint Stock Bank (MB Bank) is seeking the potential investor to sell additional 211.35 million shares in a private deal.