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Winners of the 2023 IR Awards as voted by financial institutions in the large capitalisation stock category at a ceremony in HCM City on September 28. — Photo of the organisers Fourteen listed companies received the 2023 IR Awards for having the best investor relations at a ceremony in HCM City on September 28. According to the organizers, the Vietnam Association of Financial Executives, Finance and Life e-magazine (FiLi.vn) and Vietstock (Vietstock.vn), the awards were based on a survey of compliance with information disclosure obligations by all 731 companies listed on the HCM City and Hanoi stock exchanges, and 364 of them had complied with all. Then, based on criteria such as liquidity, foreign investment, compliance in terms of financial transparency, successfully conducting the annual general meeting, corporate governance regulations, treasury stock and internal shareholder transactions, and filing ESG reports, 45 were nominated. In the final round, they were divided … [Read more...] about Listed companies receive awards for best investor relations

The index closed 1.4 points lower after gaining 15.9 points Wednesday. Trading on the Ho Chi Minh Stock Exchange (HoSE), on which the index is based, dropped 12.6% to VND15.9 trillion ($651.77 million). The VN30 basket, comprising the 30 largest capped stocks, saw 18 tickers fell. SSB of Southeast Asia Commercial Bank (SeABank) dropped 4.8% and STB of Ho Chi Minh City-based lender Sacombank fell 3.3%. VRE of retail real estate arm Vincom Retail closed 2.5% lower and SAB of brewer Sabeco declined by 2.3%. Ten blue chips gained, led by PLX of fuel distributor Petrolimex with a 3.3% increase. Foreign investors were net sellers to the tune of VND509 billion, mainly selling STB of Ho Chi Minh City-based lender Sacombank and GMD of logistics company Gemadept Corp. The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, fell 0.57% while the UPCoM-Index for the Unlisted Public Companies Market dropped 0.33%. … [Read more...] about Stock market stable after strong changes

Honoured categories consist of Individual Investors Best Choice and Financial Institutions Best Assessment for the top three of large cap, mid cap, and small-micro cap firms. (Photo: VNA) HCM City (VNA) – Winners of the 2023 Investor Relations Best Practice Awards (or IR Awards ) were honoured at a ceremony held in Ho Chi Minh City on September 28. Co-organised by Tai Viet Joint Stock Company (Vietstock), Vietnam Association of Financial Executives (VAFE), and Finance and Life E-magazine (FiLi), the annual event recognised listed companies with the best IR practices of the year through quantitative screening, voting, and professional assessment. FiLi Editor-in-Chief Nguyen Nhu Hung said that the awards promote the business community's awareness of the role and importance of IR activities, improve information transparency and disclosure quality, and strengthen investor confidence in the Vietnamese stock market. This year, it saw the participation of 731 firms … [Read more...] about Winners of Investor Relations Best Practice Awards honoured

Experts at the seminar on copyright infringement in Việt Nam. — Photo courtesy of the organiser Việt Nam ranks third in the region in terms of copyright infringement rate, with 15.5 million people regularly accessing pirated websites. In 2022, the problem of copyright infringement cost the country US$350 million. Phạm Hoàng Hải, Director of the Authority of Broadcasting and Electronic Information, a unit under the Ministry of Information and Communications, said that currently, copyright infringement is extremely complicated. There are a series of pirated websites for football tournaments as well as movies. According to data from SimilarWeb, there are currently about 70 pirated football websites, with more than 1.5 billion views in the years 2022 and 2023. SimilarWeb's data also shows that there are more than 200 pirated movie websites attracting about 120 million views per month, of which the top 10 have more than 66 million views per month. In particular, recently it was … [Read more...] about Việt Nam loses US$350 million due to copyright infringement