Many banks have recently announced plans to significantly increase charter capital to improve the capital adequacy ratio (CAR) and strengthen financial potential for credit and business expansion.

Vietnamese auto maker VinFast Auto Ltd. (VinFast) rang the bell to officially commence trading of its shares on the Nasdaq Global Select Market, the US, under the ticker symbol “VFS”.

Vietnam Airlines JSC (HoSE: HVN) recently announced that it has completed the transfer of 35 percent of its shares in Cambodia Angkor Air (K6) to the receiver, under an agreement between the two parties in the share transfer contract.

VPS Securities remained the top brokerage in the first quarter with a 17.9 percent market share, according to data released by the HCM Stock Exchange.

The Vietnam Export Import Commercial Joint Stock Bank (Eximbank) will terminate its partnership with Japanese Sumitomo Mitsui Banking Corporation (SMBC) as from February 7, according to a resolution of the bank's board of directors.

Shares finished higher during the final trading session prior to the Tet holiday on January 28, propped up by the growth of banking and textile stocks.

The Saigon-Hanoi Commercial Joint Stock Bank (SHB) was given approval from the State Bank of Vietnam to increase its charter capital from the current 19.2 trillion VND (843.2 million USD) to 26.6 trillion VND (1.16 billion USD).

The Power Generation Corporation 2 (EVNGENCO 2), a subsidiary of the Vietnam Electricity Group, plans to sell over 580.12 million shares, or 48.8875 percent of its charter capital, to investors and over 1.33 million shares, or 0.1125 percent, to employees.

The Vietnam Dairy Products Joint Stock Company (Vinamilk) has announced it will issue additional shares worth over 3.48 trillion VND (150 million USD).

Some organisations have rushed to sell shares of Sai Gon Thuong Tin Commercial Joint Stock Bank (Sacombank) to retrieve bad debts, but it was not easy to find buyers agreeing with the offered price.

HCM City had lured over 1 billion USD in foreign direct investment (FDI) this year as at March 20, down 33 percent compared to the same period last year, according to the city’s bureau of statistics.

The Kien Giang Construction Investment Consultancy Group listed 50 million shares on the Ho Chi Minh Stock Exchange (HoSE) on March 25.

Private-equity bank shares have performed well amid fears of COVID-19 in the last five weeks.

The International Finance Corporation (IFC) investor group is now no longer a major shareholder of the Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank), after selling more than 55.7 million shares of the bank.

The Hanoi Stock Exchange (HNX) has approved the listing of 192 million shares by the Vietnam Urban and Industrial Zone Development Investment Corporation (IDICO) on the HNX, under the code IDC.

Shares in securities companies seem to have lost their shine for investors in the face of fierce competition from foreign-invested firms.

Shares of four Vietnamese banks may rise 14-68 percent in 12 months, according to JP Morgan’s Asia Pacific Equity Research.

The Vietnam Maritime Commercial Joint Stock Bank (MSB) is planning to list its shares on the Ho Chi Minh Stock Exchange (HoSE) in the third quarter of 2019.

The Vietnam Thuong Tin Commercial Joint Stock Bank (VietBank) targets to list its shares on the Unlisted Public Company Market (UPCoM) within a year of increasing charter capital to more than 4.25 trillion (181 million USD) in 2018.

Vietnamese shares advanced on August 22 despite investors’ profit-taking as overall market sentiment remained positive about the possibility of resolving China-US trade tensions.