The seafood company of Le Van Quang, dubbed the ‘Shrimp King’, is facing an international lawsuit, and reporting a sharp fall in profit in 2019. However, it still plans to pay hundreds of billion dong worth of dividends.

Viet Capital Securities (VCSC) of Nguyen Thanh Phuong has been showing signs of decline recently, but the stock market is brightening with strong liquidity.

As 2020 nears its end, assessments are being made of the performance of the nation’s crucial financial markets, which have been holding up well despite the heavy impact of the pandemic and global recession.

The businesses of Doan Nguyen Duc, or ‘boss Duc’ as he is called in Vietnam, have been facing difficulties. Although the owner of Hoang Anh Gia Lai Group has had to sell many assets, he remains a stock billionaire.

Halico, the owner of the famous Vodka Hanoi brand, has reported continued big losses for Q3 2020, despite its great advantages, including wide experience anf ownership of ‘golden’ land plots in advantageous positions.

Techcombank share prices have soared, while the Hoa Phat Group of the billionaire Tran Dinh Long has reported a record 30-year profit. The prosperity of these enterprises has helped their owners earn more money despite Covid-19.

The ITA shares of the Tan Tao Group unexpectedly witnessed an impressive trading session with a record high trading volume.

The long battle inside the biggest construction company in Vietnam has come to an end with the departure of a successful businessman.

Billionaire Johnathan Hanh Nguyen, Duc Long Gia Lai and Diem Thong Nhat were top names in the news last week.

Commercial banks are facing challenges, including an increase in bad debts because of Covid-19 and pressure that has forced them to increase charter capital. But bank shares remain attractive to investors.

Billions of banking stocks are about to flood the market with banks planning to pay stock dividends and issue new shares to raise their charter capital.

Sacombank’s capitalization value has soared by VND1.3 trillion following the news that Thaco billionaire Tran Ba Duong has bought shares of the bank.

A number of large corporations have launched programs offering preferential shares to employees as part of their plans to seek talents for key posts.

Investors are concerned about the stock market performance, which has become unpredictable because of the pandemic.

While many enterprises are struggling and forced to suspend dividend payment for shareholders, quite a few are maintaining a high dividend payment policy. What is the motive behind this policy?

While in developed markets, corporate bonds act as the major channel that conducts capital for the economy, in Vietnam it is still in a very early stage of development.

As of the end of 2019, the capitalization value of the securities market at HCM City Stock Exchange (HOSE) had reached 3.28 million of billion of VND, or 54.3 percent of GDP with 2.3 million investors’ accounts.

A report from the Hanoi Stock Exchange (HNX) showed that the biggest corporate bond issuers in H1 were enterprises related to the richest billionaires.

The Vietnamese stock market may have found a new equilibrium in current price areas, according to Mirae Asset.

The stock market celebrates its 20th anniversary this month. It has already made great contributions to Vietnam’s economic development while its future prospects look very bright due to its fundamentals.