Although the Unlisted Public Company Market (UPCoM) attracts less attention from investors than the Ho Chi Minh and Hanoi stock exchanges, the market still offers potential opportunities for market players who thoroughly understand it.
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.
The two national stock exchanges will be merged into one single stock exchange and named the Vietnam Stock Exchange which will be headquartered in Hanoi.
Forbes Vietnam on July 26 organised a ceremony to honour Vietnam’s top 50 listed companies in 2018, which account for 70.8 percent of total market capitalisation on the HCM and Hanoi stock exchanges.
Forbes Vietnam has announced Vietnam’s 50 top listed companies for 2018, which account for 70.8 percent of total market capitalisation on the HCM and Hanoi stock exchanges.
Stocks ended the first trading day of 2018 in the green on the two national stock exchanges, reflecting investors’ optimism about the market outlook this year.
Shares declined on the two national stock exchanges on December 21, dragged by bank stocks, as investor sentiment remained unstable on the market outlook.
Shares declined on the two national stock exchanges on December 19, dragged by the slump of brewer Sabeco, but cash flow remained strong which opened an opportunity for a recovery in the next session.
Shares advanced for a second day on the two national stock exchanges on June 20 as investors increased their bets on bank stocks, given the positive outlook seen for the industry.
The Vietnam Maritime Commercial Joint Stock Bank (Maritime Bank) has failed to get approval from shareholders to trade its shares on the stock exchanges.
Shares sank for the third day on the two national stock exchanges, driven by record foreign sales in the final reallocation trading day for Exchange-Traded Funds (ETFs).
Shares advanced on August 17 on the two national stock exchanges, buoyed by investor expectations of a specific roadmap for the Government to sell its capital proportions in many big listed companies.
Ho Chi Minh City and Hanoi stock exchanges will launch a common index in October, financial news website ndh.vn reported, citing a southern bourse's report.
Firms listed on Vietnam's two stock exchanges in HCM City and Hanoi will be the first to be required to adopt international financial reporting standards in 2020, a finance ministry official has said.