Investors watch stock prices on an electric board. — Photo vietnamfinance.vn The Ho Chi Minh City Stock Exchange has announced the top 10 largest securities companies this year. VPS Securities Joint Stock Company remained in top spot with a 17.59 per cent market share in the first half of the year though its second quarter share dipped marginally. SSI Securities Corporation continued to be in second position, but increased its market share from 9.66 per cent in Q1 to 10.02 per cent in Q2 to end the half with 9.81 per cent. VNDirect Securities Corporation remained in third place with 7.99 per cent during the year. In the top 10 Ho Chi Minh Securities climbed past Techcom Securities JSC to fourth position in Q2, with their half-year market shares being 5.58 per cent and 5.47 per cent, respectively. Mirae Asset, Viet Capital Securities JSC, MB Securities, KIS Vietnam Securities, and FPT Securities rounded off the top 10. In the year-to-date, especially since April, the … [Read more...] about HOSE announces list of top 10 securities companies
New york stock exchange visit
Over 1.6 billion shares could enter market in July
Steel wire rod products stored in a warehouse of Hoa Phat Group. — Photo hoaphat.com.vn Stock dividend is a common form on the stock exchanges and after each payment, a large amount of shares are pumped into the market. In July, it is estimated that the market may receive more than 1.6 billion shares. Notably, 1.34 billion shares of Hoa Phat Group (HoSE: HPG) will be issued to shareholders on July 20. The issuance is to pay 2021’s dividends at the rate of 30 per cent. Once it is completed, the total circulation of HPG Shares will increase to 5.8 billion units, the largest on the stock exchange. Previously, on June 20, the steel producer closed the final registration for a list of shareholders receiving cash dividends at the rate of 5 per cent and stock dividends at the rate of 30 per cent. For cash dividends, more than VND2.2 trillion (US$95.6 million) will be transferred to investors' accounts on July 6. Another steel producer - Ton Nam Kim (HoSE: NKG) is also preparing … [Read more...] about Over 1.6 billion shares could enter market in July
Vietnam, India have a lot of opportunities to foster cooperation
Secretary of the HCMC Party Committee Nguyen Van Nen (R) receives Ambassador of India to Vietnam Pranay Verma. The city’s Party Chief expressed his sincere thanks for the warm and respectful welcome by Indian leaders and people to the delegation of HCMC high-ranking officials during a five-day official visit to India from June 19-23, presenting a vivid demonstration of the friendship and special solidarity between the two countries. During the visit, the city’s delegation attended an inauguration ceremony of the statue of President Ho Chi Minh in New Delhi. HCMC will inaugurate a statue of Indian national hero Mahatma Gandhi in the center of the southern metropolis in the coming time. Mr. Nen emphasized that the high-level mutual visits, political and cultural events have contributed to deepening and tightening bilateral relations in various fields. He hoped Ambassador of India to Vietnam Pranay Verma will continue to foster Vietnam-India relations in general, and … [Read more...] about Vietnam, India have a lot of opportunities to foster cooperation
Goodbye Shanghai: After 16 years, Covid curbs send American family packing
Heather and husband George arrived in Shanghai from New York in 2006 for a one-year adventure, but 16 years later their two-bedroom apartment in Shanghai’s historic former French Concession is the only home their children have ever known. So while repatriating to the United States is technically a homecoming for Heather and George, leaving Shanghai means leaving home for daughters Charlotte, 14, and Matilda, 12. Heather spent the month of June readying for a return to the United States. Her husband left weeks earlier with their family dog to help prepare for their new life in Washington D.C. "I haven't had the luxury to really grieve a lot of what I'm leaving behind because I need to get two kids and a cat out of here ... so it's been really focused on that logistics," she told Reuters from her flat which had just been emptied out by movers. The Kaye family are part of an exodus of both foreigners and locals from Shanghai as China's most cosmopolitan city tries to find its … [Read more...] about Goodbye Shanghai: After 16 years, Covid curbs send American family packing
Trade, investment between Viet Nam and UK expand steadily in all sectors
Chairman of the British Chamber of Commerce Vietnam Kenneth Atkinson. The trade and investment relationship between Viet Nam and the UK has grown significantly a year after the UK-Viet Nam Free Trade Agreement (UKVFTA) came into effect. Viet Nam News spoke to Chairman of the British Chamber of Commerce Vietnam Kenneth Atkinson about the effectiveness of the trade deal as well as opportunities for further cooperation between the two countries. How do you assess improvements in trade and investment between Viet Nam and the UK a year after implementing the UKVFTA? The UK-Viet Nam FTA came into effect on May 1, 2021 but with retroactive benefits starting January 1, 2021. This was one of the speediest negotiations of any FTA, in large part due to the strong strategic partnership established by the Governments of Viet Nam and UK. The Strategic Partnership has been in place for 10 years and is stated as being at its strongest ever. The UK is the European country that has maintained … [Read more...] about Trade, investment between Viet Nam and UK expand steadily in all sectors
Outgoing British, Belgian ambassadors bid farewell to President
President Nguyen Xuan Phuc (right) receives British Ambassador Gareth Ward . (Photo: VNA) Hanoi (VNA) - President Nguyen Xuan Phuc on July 6 hosted receptions for the outgoing ambassadors of the UK and Belgium, who came to bid farewell to the State leader. Receiving British Ambassador Gareth Ward, President Phuc highlighted the two important milestones in the diplomat’s term, namely the signing and enforcement of the UK - Vietnam Free Trade Agreement (UKVFTA) in December 2020 and the approval of the Joint Declaration on Vietnam - UK strategic partnership in September 2020, towards elevating the bilateral relations in the next ten years. The President appreciated the Ambassador for actively coordinating to arrange Vietnamese senior leaders’ visits to the UK, including Prime Minister Pham Minh Chinh’s trip to the UK to attend the 26th United Nations Climate Change Conference of the Parties (COP26), and National Assembly Chairman Vuong Dinh Hue’s official visit to the … [Read more...] about Outgoing British, Belgian ambassadors bid farewell to President