The Vietnam Stock Exchange (VNX), the parent company of Ho Chi Minh City Stock Exchange (HOSE) and Hanoi Stock Exchange (HNX), has released its audited consolidated financial statements for 2023. The Exchange's primary source of revenue stems from providing securities trading services. During the year, VNX recorded over VND 166 billion in financial revenue, predominantly from interest on deposits and lending activities.
As per the statistics revealed by the General Statistics Office, by 2025, Gen Z will contribute to a third of the workforce in Vietnam. This youthful cohort is set to gradually replace the current workforce and bring about significant changes in the landscape of the nation's economy.
IDICO - LINCO is gearing up for an equity release to double its capital to VND 171 billion. This move will bolster the company's long-term investment plans and provide the necessary financial leverage. In addition, the Board of Directors has approved a substantial working capital and guarantee facility of VND 95 billion for 2024 with BIDV Long An, showcasing their commitment to expansion and financial stability.
The cassava productivity has doubled, exciting farmers who are part of Ajinomoto Vietnam's Sustainable Cassava Project.
The rain of dividends is starting to slow down. For the week of June 3-7, 2024, 26 companies will close their books on cash dividend payouts (lower than the trend of over 40 companies in recent weeks). Among these, the highest rate stands at 25%, meaning shareholders will receive VND 2,500 for every share they own.
Mr. Nguyen Phu Cuong, Chairman of the Members' Council of Vietnam Chemicals Group (Vinachem), retired from his position effective June 1, 2024.
Two members of the board of directors at Land Saigon, a leading real estate company in Vietnam, have recently made a bold move. Between June 5th and July 4th, 2024, these individuals registered to purchase a total of 8.3 million LSG shares, traded on the UPCoM Exchange, for their personal investment portfolios. This significant acquisition comes at a time when the share price has reached its highest point since the beginning of the year, indicating their strong faith in the company's future prospects.
On the eve of the 2022-2023 dividend payout, on May 30, 2024, Yen Bai Agricultural, Forestry, and Food Joint-Stock Company (HNX: CAP) unexpectedly announced a two-month deferral of cash dividend payments.
The People's Committee Chairman of Ha Tinh Province urged investors and project management boards to vigorously expedite the completion of necessary paperwork and implement essential measures to accelerate the progress of the assigned capital disbursement plan.
The tourism industry has witnessed a robust recovery since the COVID-19 pandemic, with accommodation and resort businesses experiencing a notable boost in revenue. However, the ultimate outcome is yet to reflect a truly positive picture.
