A stretch of pipeline is coated at PetroVietnam Coating Corporation (HNX: PVB). The company is among the three HNX30 large-caps that posted losses between July and September. (Photo pvcoating.vn) Hanoi (VNS/VNA) — The top 60 biggest companies by market capitalisation and trading liquidity on the two local stock exchanges saw combined post-tax profit gain of 22.5 percent to 46.75 trillion VND (2 billion USD) in the third quarter of 2019. Profits recorded by the top 30 firms on the Ho Chi Minh Stock Exchange accounted for nearly 92.3 percent of the total figure.Hanoi Stock Exchange, which was 3.6 trillion VND. VNA … [Read more...] about VN30 firms take 92 percent of all top listed firms’ total Q3 profits
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Divesting from Vinaconex was one of SCIC’s most successful deals last year (Photo: VNA) Hanoi (VNS/VNA) - The State Capital Investment Corporation (SCIC) reported after-tax profit of 8.25 trillion VND (356 million USD) in 2018, 52 percent higher than the annual target. Its revenue was 12.58 trillion VND (541.3 million USD), equivalent to 159 percent of its target. SCIC estimated it had paid 6.99 trillion VND (300.7 million USD) in corporate income tax in 2018, 54 percent higher than the target, and paid 2.18 trillion VND (93.8 million USD) directly to the Enterprise Arrangement and Development Support Fund. SCIC played an important role in the restructuring of State-owned enterprises. Founded in 2005, SCIC divested State capital out of 986 companies to collect nearly 37 trillion VND (1.6 billion USD), compared to the book value of 8.3 trillion (357 million USD). In 2018 alone, SCIC earned nearly 7.78 trillion VND (334.7 million USD) from selling stakes at nine companies. … [Read more...] about SCIC reports profits 52 percent higher than target
The VN-Index recorded nine hikes in he two weeks since the end of the Lunar New Year holidays (Photo: VietnamPlus) Hanoi (VNA) - This week, Vietnam’s stock markets closed in the green, as the benchmark VN-Index rose 1.34 points to 988.91 points while the HNX-Index inched up 0.7 point to 106.82 points. The VN-Index on the Ho Chi Minh City Stock Exchange (HoSE) enjoyed increases in the whole week (from February 18 to 22) and it was also the ninth hike in two weeks. On February 22, there were 144 rising codes and 152 in decline. The VN30, which measures the performance of the 30 stocks with the highest market capitalisation and liquidity on the HoSE, had 17 advancing codes and 12 others end in red, while one code was flat. In the week, foreign investors posted net purchase value of 772.92 trillion VND (33.02 billion USD), equivalent to 23.64 million shares. E1VFVN30 topped the list with 15.4 million shares purchased, followed by HPG with 8 million shares. The … [Read more...] about Will VN-Index hit 1,000-point mark thanks to investors’ positivity?
PetroVietnam Power Corporation (PV Power) will debut on the HoSE on January 14 with more than 2.34 billion shares. (Photo: VNA) HCM City (VNS/VNA) - The Ho Chi Minh Stock Exchange (HoSE) has recently accepted or looks set to accept the listing of three more large-cap companies, but questions remain following a volatile year for the market. The PetroVietnam Power Corporation (PV Power) will debut on the HoSE on January 14, 2019 with more than 2.34 billion shares. On December 28, 2018, the company cancelled the trading of more than 467.8 million shares on the Unlisted Public Company Market (UPCoM). On January 2, the southern market regulator announced it had approved the listing of the country’s largest ceramics and tile producers Viglacera with more than 448.3 million shares and an unknown debut date. National flag carrier Vietnam Airlines recently filed to list all of its 1.4 billion shares on the southern bourse. The company also plans to terminate its listing on the UPCoM … [Read more...] about HoSE listing remains a gamble
The marathon will have the same four distances - five kilometers, 10 kilometers, 21 kilometers (half marathon) and 42 kilometers – and the same registration fees as its sister, VnExpress Marathon Quy Nhon 2020. The race will be held on April 5 in Hue, the seat of Vietnam's last royal rulers, the Nguyen Dynasty, which reigned from 1802 to 1945. Runners can register from now until December 2 to get the Super Early Birds price of VND250,000-750,000 ($10.81-32.42), based on the distance. Distance Super Early Bird (Nov 18-Dec 2) Early Bird (Dec 3-Jan 3 2020) Regular (Jan 4-Feb 18, 2020) Late (Feb 19-Mar 5, 2020) 05 Km VND250,000 VND300,000 VND400,000 VND500,000 10 Km VND500,000 VND650,000 VND800,000 VND1,000,000 21 Km VND600,000 VND750,000 VND950,000 VND1,200,000 42 Km VND750,000 VND900,000 VND1,100,000 VND1,300,000 Athletes and businesses can take advantage of group discount rates and get 25 percent off for a group of over 100 runners, followed by 20 … [Read more...] about Early bird registration opens for VnExpress Marathon Hue 2020