Why does dividend reduce stock price

According to the Hanoi Tax Department, after a tax inspection at CenLand, significant arrears were uncovered as a result of undeclared revenues and incorrect tax returns. CenLand also committed several violations including using invalid tax invoices and adding the wrong date and time on tax invoices. … [Read more...] about CenLand stock no longer up for margin tradinng due to tax evasion

Resulsts were mixed in the public banking sector, with CTG of VietinBank adding 1.6 percent, VCB of Vietcombank keeping its opening price, BID of BIDV topping losses with 2.7 percent, and MBB of mid-sized Military Bank shedding 0.8 percent. … [Read more...] about VN-Index enters third straight gaining session

With 211 advancers and 233 decliners, the VN-Index inched up 2.57 points, or 0.22% against the previous session at 1,166.78. Turnover on the southern bourse contracted 2.5% in volume and 8.33% in value at some 758 million shares and around VND16 trillion. Shares transacted in block deals contributed more than VND1.3 trillion to the total value. … [Read more...] about Market turnover continues downward spiral

VinFast, a unit of Vietnam’s biggest private conglomerate Vingroup, entered the auto industry three years ago. It has an auto plant in the northern province of Hai Phong and research and development centers in Australia, Germany and the U.S. … [Read more...] about VinFast introduces self-driving car models

HCM City (VNA) - Promoting consumer finance and simplifying procedures for loan applications would be a priority for commercial banks, financial companies and microfinance institutions as part of efforts to limit black credit, a conference heard in Ho Chi Minh City on January 20. Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu considered abolishing black credit as one of the important tasks that has been continuously implemented across the whole credit institution system in Vietnam. In recent years, the SBV and credit institutions in localities have been cocoordinating with the Ministry of Public Security and local authorities in implementing drastic measures to limit black credit. In the future, the SBV will continue improving the awareness of local people about credit policies, loan packages and procedures for loan applications so that local people could easily access bank loans. Meanwhile, the State Bank will study and soon complete legal documents … [Read more...] about Promoting consumer finance to fight black credit: experts