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Vincom Retail (VRE) surges with record liquidity after news of “parting ways” with Vingroup

The stock trading on this stock is also very active with a trading volume of nearly 25.4 million units changing hands as of the afternoon session, double the previous session and also a record high liquidity for VRE.

How is Vincom Retail performing before Vingroup’s unexpected divestment?

Vincom Retail currently possesses total assets of 47.653 trillion VND. The market capitalization at present on the stock exchange is over 60.000 trillion VND.

Vingroup sells its stake in Vincom Retail, no longer the parent company

After completion of this transaction, SDI Company, Sado Company, and Vincom Retail Company will cease to be subsidiaries of Vingroup Corporation.

From VMI, GSM to V-GREEN: Billionaire Pham Nhat Vuong has established 3 separate companies...

Over the past year, Mr. Pham Nhat Vuong has consistently established businesses with a significant role in sharing financial difficulties with the members of the Vingroup ecosystem, contributing capital through VIC shares.

Surprising Reason Long An Keeps Attracting Major Developers Vingroup, Ecopark, BIM Group, Eurowindow…

Long An, despite being geographically close to Ho Chi Minh City and traditionally seen as a less developed area compared to other provinces such as Dong Nai and Binh Duong, has recently been attracting significant investment from top real estate giants with its multi-billion dollar projects. This unexpected development has caught many by surprise.

Financial updates on Vingroup, Masan Group, FPT, and Đèo Cả after an emergency meeting...

The invited businesses include Vingroup, Sungroup, Geleximco, FPT, Masan Group, TH, Đèo Cả, Novaland, Hưng Thịnh, Savico, Taseco, Becamex IDC, Phát Đạt, Hoàng Quân, Vinaconex.

Prime Minister urgently summons Chairman and CEO of Vingroup, Sungroup, Masan Group, FPT, Novaland…...

The Prime Minister will be hosting the Conference on Implementing the Monetary Policy for 2024, addressing the challenges in production and business, promoting economic growth and stability.

SCIC to auction 10% stake in Vingroup’s subsidiary managing prime real estate around Hoan...

Vingroup's subsidiary is currently leasing and managing several strategically located properties in Hanoi: 44 Trang Tien, 50A Hang Bai, 22A and 22B Hai Ba Trung, 2 Dich Vong (Cau Giay district), Viet Hung commune (Dong Anh district) with a total area of 14,082 square meters for office space and retail stores.

Domesco, Seaprodex, and a member of Vingroup included in SCIC’s 2024 divestment list

The SCIC's first divestment list for 2024 includes 27 businesses, many of which are notable names currently trading on the stock exchange.

Aviation “giant” increases market capitalization by 2 billion USD since the beginning of the...

With a market capitalization of $7.7 billion, Airport Corporation of Vietnam (ACV) stands out from the rest on the UPCoM and is the only unlisted name in the top 10 most valuable companies on the Vietnamese stock exchange.
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UOB: USD/VND exchange rate could strengthen to 25,600 by 2Q24 and then weaken

According to the latest Global Currency Outlook report updated on 03 May'24 by UOB's Global Economics & Markets Research, UOB expects the VND to receive support from solid fundamentals and a further recovery in the CNY.

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