GBS - Up to 300 million shares of Vietjet (code VJC) officially made their debut on the HCM Stock Exchange (HOSE) yesterday. Vietjet is the first airline in Việt Nam to list on the southern bourse.
GBS - Many State-owned companies with a charter capital of more than VND1 trillion (US$44.4 million) failed to elicit investors' interest with their recent initial public offering (IPO). Analysts attributed it primarily to their unproductive operation, as well as poor preparation for the IPO.
GBS - Vietnamese shares tumbled on October 10, but the two indices still added value compared with the previous week.
Some leading stocks, notably PetroVietnam Gas (GAS), spearheaded the rally. GAS increased strongly following news that its mother company, PetroVietnam, discovered the country's largest gas field in the central coast.
GBS - Vietnamese credit institutions and foreign bank branches in Vietnam continue to see a bright business outlook for 2015, according to a survey of the State Bank of Vietnam’s Monetary Forecasting and Statistics Department.
GBS - Moody's has placed six Vietnamese banks on positive outlook, the credit rating agency announced on its website on Monday.
Transactions are carried out at the Vietnam International Bank. Moody's has upgrade the ratings of this bank by one notch to B2.