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Investors feel insecure about Ho Chi Minh City Stock Exchange congestion, move to other bourses - Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports

Investors feel insecure about HCM City Stock Exchange congestion, move to other bourses

Investors feel insecure about HCM City Stock Exchange congestion, move to other bourses
vietnamnet.vn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vietnamnet.vn Daily Mail and Mail on Sunday newspapers.

HoSE considers suspending amendment and cancellation orders while trading

Securities association expresses concern over prospect of 1,000 shares minimum trading lot

Securities association expresses concern over prospect of 1,000 shares minimum trading lot Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công  05/03/2021    17:35 GMT+7 A 1,000 minimum trading lot will limit the participation of small investors, while the stock market is moving towards fairness and equality. The Vietnam Association of Securities Businesses (VASB) has expressed concern over a proposal of the Ho Chi Minh City Stock Exchange (HOSE) in raising the minimum trading lot to 1,000 shares to ease the overload issue.  A 1,000 minimum trading lot could reduce 40-50% of the total transaction volume on HOSE. Photo: Cong Hung

Banks plan to attract foreign capital

Banks plan to attract foreign capital 14:35 | 05/03/2021 While many Vietnamese banks have foreign shareholders, there still remains ample room for foreign ownership The shareholders of Viet Capital Bank have approved the plan to issue additional shares of up to a maximum of VND1 trillion ($43.5 million) in the first quarter. At the same time, the bank has just closed the list of shareholders whose written opinions will be requested on the plan to set the maximum foreign ownership limit at 30 per cent to attract additional foreign capital while improving financial capacity and competitiveness. Nam A Bank is implementing a plan to increase its charter capital to VND7 trillion ($304.35 million), including a plan to issue 57 million shares, equivalent to VND570 billion ($24.8 million), to pay dividends at the rate of 12.4878 per cent and offer for sale 143 million individual shares, equivalent to VND1.43 trillion ($62.17 million).

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