Securities companies participating in the new covered warrant market may find it less attractive to trade covered warrants of large-cap State-owned companies due to their low free-floating ratios.

The Vietnam M&A forum 2019, an annual event of mergers and acquisitions for domestic and foreign enterprises, will return in its 11th edition at GEM Conference Centre in Ho Chi Minh City on August 6.

Vietnam has become a favoured destination for merger and acquisition (M&A) deals for foreign investors, particularly those from the Republic of Korea (RoK), China’s Hong Kong, Singapore and Japan as the Asian multinationals see the benefits of having presence in one of the region’s fastest-growing economies.

Vietnam could face an electricity shortage of 6.6 billion kWh in 2021 and 11.8 billion kWh in 2022. The shortage could increase to 15 billion kWh in 2023, according to the Ministry of Industry and Trade (MoIT).

Foreign investors have been encouraged to take advantage of the double benefits Vietnam is offering through its commitments in the many trade pacts signed with other countries.

Opportunities for Australian firms to invest in Vietnam have never been better than now when the Southeast Asian economy is growing rapidly, said participants at a Vietnam-Australia business dialogue held in Sydney on July 22.

Vietnamese and Russian firms attended the 2019 Thanh Hoa investment, trade and tourism promotion conference held in Moscow on July 22 as part of the Vietnam Year in Russia and the Russia Year in Vietnam.

Auditor General of the State Audit of Vietnam (SAV) Ho Duc Phoc had a meeting with Auditor General of the Chinese National Audit Office (CNAO) China Hu Zejun on July 22 in the framework of the 54th Asian Organisation of Supreme Audit Institutions (ASOSAI) Governing Board Meeting in Kuwait.

The State Bank of Vietnam kept its daily reference exchange rate unchanged at 23,077 VND/USD on the morning of July 23.

The Civil Aviation Authority of Vietnam (CAAV) has granted an Aircraft Operator Certificate (AOC) to Vietstar Airlines, allowing the carrier to begin commercial flights in the country.

The Binh Son Refining and Petrochemical JSC (BSR) has reported that it earned 906 billion VND (39.3 million USD) in profit in the first half of this year.

The Bank for Investment and Development of Vietnam (BIDV) will float more than 603 million new shares, or 15 percent of its stake to the Republic of Korea’s KEB Hana Bank under its resolution No.696/NQ-BIDV issued on July 22.

Hanoi is taking measures to tackle difficulties facing local firms, especially newly established small- and medium-sized enterprises (SMEs).

Members of the European Union (EU) have expressed their belief in the positive impact that the bloc’s free trade agreement with Vietnam (EVFTA) will have on bilateral trade relations.

The Government has issued a resolution detailing measures to encourage businesses investing in safe, effective and sustainable agricultural development.

Real estate developer FLC Group on July 21 began the construction of 15ha hi-end urban complex La Vista Sadec in Sa Dec city of the Mekong Delta province of Dong Thap.

Ho Chi Minh City recorded a year-on-year rise of 12.2 percent in total retail sales and consumer service revenue to nearly 600 trillion VND (25.8 billion USD) in the first half of 2019.

Along with its rapid economic growth, Vietnam’s electricity demand is also increasing strongly, at around 10 percent a year, causing huge pressure on the energy sector, according to the Ministry of Industry and Trade.

The State Bank of Vietnam revised the daily reference exchange rate up by 10 VND from the end of last week to 23,077 VND/USD on the morning of July 22.

Finaxar Vietnam, Indovina Bank and Cathay Financial Holdings have announced a partnership to improve access to financing for small and medium enterprises (SMEs) in Vietnam.