The securities market will see two of the largest State-owned enterprises stepping into the Unlisted Public Company Market (UPCoM) on January 3, 2017, according to the Hanoi Stock Exchange.
Hanoi (VNA) - The securities market will see two of the largest State-owned enterprises stepping into the Unlisted Public Company Market (UPCoM) on January 3, 2017, according to the Hanoi Stock Exchange.
VietnamAirlines, the country’s biggest aviation corporation, will trade 1.22 billionshares with the code HVN at a starting price of 28,000 VND (1.24 USD) pershare, putting the company’s market capitalisation at 1.5 billion USD.
OnNovember 31, the State held 86.16 percent of the aviation firm’s capital, equalto more than one billion shares. The Japanese aviation corporation ANA HoldingsInc is now the strategic investor, owning more than 107.6 million shares, equalto 8.77 percent of Vietnam Airlines’ capital.
TheVietnam National Textile and Garment Group (Vinatex) will start trading 500million of its shares on UPCoM the same day alongside Vietnam Airlines.
Vinatexwill go public with code VGT at a starting price of 13,500 VND per share. Thecompany’s market capitalisation will be 6.75 trillion VND.
Vinatexalso conducted its initial public offering (IPO) in 2014 with the averagebuying price of 11,000 VND per share.
TheState is now holding 54 percent of Vinatex, while property and retailcorporation Vingroup and the Vietnam Investment Development Group own 24 percentof the textile group. — VNA
Vietnam’s garment-textile sector still plays a passive role in the global supply chain (GVC) as they mainly specialise in straightforward production stages without studying market demands.
Despite the many fluctuations of the world stock market, the domestic market has maintained positive growth rates, said Vu Bang, Chairman of the State Securities Commission of Vietnam (SSC).
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
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A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
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A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
Illustrative image (Source: VNA)
