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The biggest winners of stock rally in bank and real estate


The biggest winners of stock rally in bank and real estate
18:00 | 01/06/2021
Stock market prospects are rosy this year, propelled by strong corporate earnings and capital raising. Hoang Viet Phuong, head of Research at SSI Securities, discussed the major themes for bank and property-related stocks, which are the two largest sectors in the domestic equity landscape.
Last week, the VN-Index reached an all-time high of 1,300 points as investor optimism soared due to prospects of an economic surge in the context of nationwide vaccinations and favourable supporting policies.
Banks are seen as proxies for the health of the US economy. Their shares were in the doldrums around this time last year when global commerce ground to a halt. But over the past few months, stocks have bounced back. The index returned to a record in March, topping its prior high from 2007. ....

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Changes in top personnel at firms in early 2021


Changes in top personnel at firms in early 2021
08:57 | 26/02/2021
Vinh Hoan Corporation has become major shareholder at leading prawn cracker maker SGC from late January 2021
In late January 2021, Sa Giang Import Export Corporation (SGC), a leading prawn cracker maker in the country based in Dong Thap province in the Mekong Delta, completed selling a 49.89 per cent stake to Vinh Hoan Corporation, a leading producer of tra fish (Pangasius) also based in Dong Thap, through a deal valued at around VND348 billion ($15.13 million).
Together with a batch of 100,000 SGC tickers earlier bought in the stock exchange, Vinh Hoan officially became the majority shareholder of SGC with the ownership ratio reaching 51.29 per cent as of January 22, 2021. ....

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