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Resort Project Owner in Ninh Thuan Continues to Report Losses in 2023
Sunbay Ninh Thuan, the investor of the SunBay Park Hotel & Resort complex with a total investment capital of nearly 5,000 billion VND in Phan Rang - Thap Cham City. This business continued to report a loss of over 3.6 billion VND in 2023.
DB Investment and Development Q1 2024 Profit Nears $530 Billion
According to the report, last year, DB Investment and Development JSC's profit after tax reached VND 529 billion, down 40% year-on-year. Besides, the enterprise's payable debts rose from VND 2,778 billion to VND 4,911 billion.
VietABank Shareholder Meeting: Profit in Q1 at Approximately 258 Billion VND
On the morning of April 26, Viet A Commercial Joint Stock Bank (VietABank, UPCoM: VAB) held its 2024 Annual General Meeting of Shareholders to deliberate and approve essential presentations such as business plans, profit distribution, charter capital increase, listing of shares on HOSE/HNX stock exchanges...
KRX system not ready to operate on May 2nd, says Vietnam securities regulator
The State Securities Commission (SSC) has affirmed that there is not enough foundation to approve the proposal from HOSE to put the KRX information technology system into official operation on May 2, 2024.
Who can participate in carbon market exchanges?
In Vietnam, the carbon credit trading market has recorded transactions in the form of deals, while the emission trading market is in the process of establishment.
Securities Companies Gear Up for KRX Transition During May Day Holidays
In recent days, several securities companies (SCs) have issued announcements regarding the KRX new system conversion plan and service provision schedule during data migration and system testing.
Wan Thinh Phat-Linked Brokerage Back in the Black After Record Loss, Nearly 2,000 Billion...
TVSI's bond trading value in Q1/2024 barely reached 90 billion, significantly lower than the 400 billion of Q1/2023 and far from the 191,000 billion of Q1/2022. Notably, the amount of bonds held by TVSI during this period hovered at around 1,500 - 1,600 billion VND.
“Shady” Real Estate Firm Runs on 27.5x Debt-to-Equity Ratio, Loses Nearly 7 Billion Dong...
The project owner of the Trung Minh A New Urban Area project (known as Casa Del Rio Resort City) previously had a debt of 27.54 times its equity, equating to 4,320 billion VND.
IDC Shareholders’ Meeting: 40% Cash Dividend Maintained for the Third Consecutive Year
On the morning of April 26, the 2024 annual General Meeting of Shareholders of IDICO Corporation - JSC (HNX: IDC) took place. The aims were to approve a plan for a pre-tax profit of over VND 2,500 billion, a 40% cash dividend for 2023 and to maintain this level for 2024; and a target of leasing 145 hectares of industrial park land.
HTI Annual Shareholders’ Meeting: Expanding into Industrial Park Sector
"The company's core goal for the upcoming period is to develop new projects. Among them, there are industrial parks and industrial clusters." - Mr. Nguyen Hong Hai, Chairman of the Board of Directors of IDICO Infrastructure Development Investment Joint Stock Company (HOSE: HTI), shared at the Annual General Meeting of Shareholders 2024 held on the morning of April 25.
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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.
