Banks, especially State-owned banks, are expected to increase their capital significantly this year as they are allowed to retain profits or pay dividend in shares instead of cash as previously.
Private business group FLC has put up for sale its entire stake in Faros Zoo, a business it owns through a subsidiary.
Foreign investors who poured $70 million into the Mon Hue restaurant chain are suing its parent company founder, alleging fraud.
Mon Hue suffered an accumulated loss of almost VND107 billion ($4.62 million) since 2016 as its expansion costs rose much faster than revenue.
HAGL Agrico plans to convert bonds into shares and raise its charter capital by 25 percent to VND11.08 trillion ($477.93 million).
Private airline Bamboo Airways wants to increase its charter capital to VND8.3 trillion ($358 million) by 2023 to triple its fleet.
VOV.VN - The Government have submitted draft amendments to the Securities Law to the National Assembly for consideration, in which it suggests raising the charter capital of public firms.
Small banks are mulling over capital hikes and listing plans amid favourable market conditions and rosy business performance.
Foreign fast food chains have been in Vietnam for more than 10 years and have annual revenue of trillions of dong. But many of them continuously take losses.
With a two-digit growth rate in many years, Vietnam’s pharmaceutical market has boosted foreign drug firms to continue merger and acquisition (M&A) deals with their Vietnamese counterparts in a move to get higher revenue from the potential market.
Foreign banks in Vietnam have been expanding their transaction networks and increasing their charter capital in a bid to increase market share, especially in the retail banking sector.
The low-cost carrier Vietjet Air will issue more than 90.2 million shares as dividends paid to its shareholders for the last stage of 2017 at the rate of 20%.
The Vietnam Technological and Commercial Joint Stock Bank (Techcombank) will increase its charter capital to nearly VND34.97 trillion (US$1.53 billion).
More than 1.16 billion shares of the Vietnam Technological and Commercial Joint Stock Bank (Techcombank) coded TCB were officially listed on the Ho Chi Minh Stock Exchange on June 4.
Several banks are keen to establish consumer finance arms to grab a bigger share of a market that is expected to reach VND1,000 trillion (US$4.38 billion) by 2020 and grow at 29% annually.
The Singapore-based United Overseas Bank (UOB) will debut in Vietnam on July 2. It is the ninth foreign wholly-owned bank and the first Singaporean bank in the country.
Foreign investors will be allowed to contribute capital to establish commodity exchange in Vietnam as per Decree No. 51/2018/ND-CP, which will be effective from June 1, 2018.
The Saigon – Hanoi Bank (SHB) plans to raise its charter capital by more than VND1.2 trillion (US$52.8 million) to VND13.24 trillion (US$582.56 million) in 2018.
The Ministry of Transport has asked the representative of State stake in Vietnam Airlines to draft plans to reduce State ownership to 51% of the national flag carrier’s charter capital in 2019.
Most of the violations and damages caused by MobiFone are the responsibilities of the Board of Directors and relevant key officers.