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Stock Market

Sept 1: Vietnam Shares Gain on Upbeat Economic Outlook

Vietnam’s shares extended gains to a fifth day on continued buying interest of both local and foreign investors after the government said the economy may grow at a stronger pace of 7.18% in the third quarter.

AGD Acquires Animal Feed Processing Company

Godaco Seafood JSC (AGD), listed on the Hochiminh Stock Exchange, said it has completed the acquisition of an animal feed processing company in the southern province of Vinh Long.

L62 to Pay Cash Dividend of VND1,000/share Oct 1

Lilama 69-2 JSC (L62), an affiliate of Vietnam Machinery Erection Corporation (Lilama), will pay an interim cash dividend of VND1,000/share on record as of September 14.

LIG to Buy 266,000 Treasury Shares through Dec 6

Licogi 13 Joint Stock Company (LIG), an affiliate of the Infrastructure Development and Construction Corp., plans to buy 266,000 treasury shares between September 9 and December 6.

Vietnam Fund Buys 78,100 Shares of VMC

Vietnam Investment Fund (VFMVF1) bought 78,100 shares of Vimeco Joint Stock Company (VMC) August 26.

GLT Net Profit Up 9.41% in H1

Global Electrical Technology Corp. (GLT), listed on the Hanoi Stock Exchange, made a net profit of VND16.28 billion in the first half of this year, up 9.41% from a year earlier.

BVS to Buy 150,000 Shares of VSC through Nov 8

Bao Viet Fund Management Company Limited (BVFMC), a unit of Bao Viet Securities JSC (BVS), plans to buy 150,000 shares of Vietnam Container Shipping JSC, or Viconship (VSC) between September 7 and November 8.

SSC to Give Bonus Shares at 9-for-20 Ratio

Southern Seed Corp. (SSC), listed on the Hochiminh Stock Exchange (HOSE), will give 4.5 million bonus shares to its shareholders at a 9-for-20 ratio on record as of September 10.

SDU Plans to Boost Capital to VND400B in Q4

Song Da Urban Investment Construction and Development JSC (SDU), listed on the Hanoi Stock Exchange, plans to double its registered capital to VND400 billion ($20.51 million) by issuing 20 million new shares in the fourth quarter.

SIC to Issue 3M New Shares in Early Q3

Song Da Investment and Development JSC (SIC), listed on the Hanoi Stock Exchange, will issue three million new shares to raise its registered capital to VND80 billion from current VND50 billion, the company’s CEO said.

Aug 31: Vietnam Shares Jump on Continued Buying

Vietnam’s shares rose for four sessions in a row as both local and foreign investors continued buying stocks, particularly blue-chips, on expectations that prices may have more gains next week.

DIG to Buy 3M Treasury Shares through Nov 7

Development Investment Construction Joint Stock Corp (DIG), listed on the Hochiminh Stock Exchange, plans to buy three million treasury shares between September 7 and November 7.

HHG Shareholder to Sell 700,000 Shares through Oct 31

Pham Xuan Nhuong, a major shareholder of Hoang Ha JSC (HHG), plans to sell 700,000 shares between September 1 and October 31.

Vietnam Medi Health to Sell 400,000 Shares of DVD through Sept 30

Medi Health Investment Co. plans to sell 400,000 shares Vien Dong Pharmaceutical JSC (DVD) from September 6-30.

Vietnam Firm Buys 300,000 Shares of BTT

Ben Thanh Corp. bought 300,000 shares of Ben Thanh Trading & Service JSC (BTT) from August 5-27.

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