Stock exchange 1000 companies

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

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

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

Logistics groups go green to add to net-zero goals, source: DHL Express DHL Express on September 19 onboarded Asia Commercial Joint Stock Bank (ACB) to its GoGreen Plus service to reduce carbon emissions for its time-definite international shipments through the use of sustainable aviation fuel (SAF). By investing in GoGreen Plus, it is estimated that ACB will be able to reduce 14 tonnes worth of total CO2 emissions within a 12-month period. The entire process is verified annually by an independent third-party agency. In addition, a complementary carbon footprint report will be updated monthly, detailing ACB’s overall emissions with DHL Express. Bernardo Bautista, general director and country manager for DHL Express Vietnam, said that the company believed that corporate social responsibility and business success go hand-in-hand. “Global sustainability and environmental protection are important for all of us, including our customers. With SAF as our key lever to effectively … [Read more...] about Logistics groups go green to add to net-zero goals