Vietnam Ponders Pricing in Plan for Direct Power Trading
Hanoi seeks a balance between market mechanisms and shielding the state utility as it develops rules for renewable energy sales
VinFast announces public filing of registration statement for IPO in US
Number of shares to be offered in IPO and price range are still to be determined.
Vietnam a leading cryptocurrency trading center in ASEAN
Figures from the Chainalysis Company show that from July 2021 to June 2022, Vietnam recorded $112.6 billion in cryptocurrency transactions. It therefore surpassed the region’s financial center, Singapore, to join Thailand as the two leading cryptocurrency trading centers among the ten ASEAN countries.
MoF strengthens stock market management
Under Directive No. 02/CT-BTC issued recently by Minister of Finance Ho Duc Phoc, the State Securities Commission (SSC) will closely examine registration documents for listing / registering for securities trading, especially for companies that raise capital quickly and also newly-established enterprises. The SSC will also work with the country’s three exchanges to closely monitor stocks with large liquidity, making unusual movements, or having valuations that are not suitable with the production and business situation.
Sugar stocks showing promise
SSI Securities Company sees positivity in sugar stocks to the end of the year based on many factors, in particular taxes imposed on Thai competition.