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Business leaders shuffle, announce early shareholder meeting

Saigon - Hanoi Securities Joint Stock Company has approved the resignation of the CEO, the legal representative. ACB announces the plan to hold the annual shareholders' meeting in 2024 on April 4. MBBank will hold the meeting on April 19. LPBank also approves the plan to hold the meeting in April. VIB's annual shareholders' meeting is expected to be held in March 2024 in Ho Chi Minh City.

Year-end “reward” for real estate shareholders: Companies make efforts to clear bond debts, report...

Amended land laws, along with the efforts of businesses to reduce debt pressure, are driving the resurgence of the "big four" sectors in the stock market (banking, real estate, steel, and securities).

Which Stocks Typically Rise During the Lunar New Year?

February is often associated with the Lunar New Year holiday. While there may be some profit-taking to "celebrate the New Year," overall this is still a relatively positive period for the stock market.

Ninh Thuan BOT raises 1.2 trillion VND in bond issuance, buyer is CII parent...

BOT Ninh Thuận, a subsidiary of CII, successfully issued a bond on January 31st.

Breaking records: TNG sustains high revenue growth for the third consecutive year, surges ahead...

TNG has achieved record high revenue for 3 consecutive years, making it one of the few textile and garment companies to meet their 2023 targets. Continuing this positive trend, TNG's revenue for January 2024 is estimated to reach 523 billion VND, an increase of nearly 32% compared to the same period last year.

Mr. Vu Duc Tien requests leave for medical treatment, SHS appoints new CEO

After nearly a decade, Mr. Vu Duc Tien will step down from his position as CEO of Saigon - Hanoi Securities Joint Stock Company (HNX: SHS) due to his wish to take a leave for medical treatment. The new captain of SHS is Mr. Nguyen Chi Thanh.

Record-breaking Net Profit of KBC in 2023 Since Listing in 2007

Ending the year 2023, Kinh Bac City recorded a net profit of nearly 2,000 billion VND, an increase of 31% compared to the previous year. This also marks the highest profit year since the listing of the company's stock on the stock exchange in 2007.

Ford’s revenue in early 2024 shines with hybrid cars

Ford Motor, the car manufacturer, has kickstarted the year with robust sales fueled by its hybrid vehicle lineup.

Vinamilk: Impressive nearly 20% growth in Q4/2023 export revenue

Vinamilk has announced its financial report for Q4 2023, recording a consolidated total revenue and after-tax profit of VND 15,630 billion and VND 2,351 billion, respectively. This represents an increase of 3.6% and 25.8% compared to the same period last year. For the full year, the consolidated total revenue and after-tax profit reached VND 60,479 billion and VND 9,019 billion, completing 95% of the revenue target and 105% of the profit target.

Samland and 2 other businesses fined for “withholding” financial reports

Recently, UBCKNN has imposed penalties for violations of information disclosure by Sacom Real Estate Joint Stock Company, Ninh Thuan Energy Industrial Joint Stock Company, and AFG Investment Joint Stock Company.
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Ho Chi Minh City: Preserving the Minimum Parcelization Threshold for Residential and Agricultural Land...

The proposed replacement for Decision 60/2017 stipulates that all land plots, both before and after subdivision, must abut a transportation route approved by the relevant authorities.

“Coinbase Restores Functionality, But Withdrawals Remain Unavailable”

Coinbase, the world's second-largest cryptocurrency exchange by trading volume, suffered a major outage.

A New Major Shareholder Arrives, HAG Board Member Resigns After Three Decades of Dedication

The Hoang Anh Gia Lai Joint Stock Company (HAGL) has announced the resignation of Mr. Nguyen Chi Thang from their Board of Directors. Mr. Thang tendered his resignation on May 7th, citing personal reasons.

The Market Beat: The Prolonged Divergence Play

The market closed with the VN-Index down 3.94 points (-0.32%) to 1,244.7, while the HNX-Index climbed 1.1 points (0.47%) to 235.68. Bears dominated the market breadth with 396 declining stocks against 342 advancing ones. The large-cap stocks in the VN30-Index basket painted a similar picture, with 22 losers, 4 gainers, and 4 stocks closing flat.

Market Beat: VN-Index Surges Ahead

The market ended the session on a positive note, with the VN-Index climbing 1.68% to 1,241.58 and the HNX-Index gaining 1.78% to close at 232.29. The market breadth tilted in favor of bulls with 583 advancing stocks against 189 declining ones. The large-cap stocks in the VN30 basket painted a rosy picture, as evident from 28 gainers and merely 2 losers.