FLC stocks subject to transaction suspension
FLC has not held annual shareholder meeting, disclosed an audited financial statement for 2021, or selected an auditor for this year’s version.
FLC has not held annual shareholder meeting, disclosed an audited financial statement for 2021, or selected an auditor for this year’s version.
False rumors, concern over the capital flow, and high inflationary pressure have led to the recent market downtrend.
High market liquidity, information transparency, and expanding foreign ownership limits are expected to further attract foreign investors.
Vietnam has outperformed major regional indices, making the market nearly quadrupled in size compared with the start of 2012 and the trading exceeding $1 billion a day.
The stability of the VND-USD exchange rate helped Vietnam attract substantial attention from investors in the region, such as Thailand, Taiwan, and Singapore.
The prospects of the local stock market remain bright and will become a key capital mobilization channel for businesses and the economy, said the finance minister.
A healthy and transparent stock market would lay the foundation for sustainable development in the long term.
The authorities are committed to supporting compliant companies to ensure the sustainable development of the stock market.
Foreign investors have remained confident in Vietnam's stock market, with a net-bought volume of VND1.7 trillion (US$74 million) in the past five trading sessions.
The Government announced an action plan for economic restructuring during the 2021-2025 period for Vietnam to close its gaps with regional countries.
Vietnam will contribute to the global efforts by a report which brings in a diversity of voices to shape a key message at the Stockholm+50 conference this year.
The stock market authorities are working with investors to ensure discipline and transparency in the operation of Vietnam’s stock market.
He is accused of engaging in illegal insider trading by selling 74.8 million shares of FLC without reporting to the market authorities in advance.
The Vn-Index rose in the Lunar new year’s first six sessions during the 2016-2021 period, with 2020 being the only exception due to the emergence of the Covid-19 pandemic.
The penalty is seen as unprecedented but a necessary move to ensure the transparency and healthy development of Vietnam’s stock market.
FLC Chairman Trinh Van Quyet is subject to the heaviest penalty for failing to notify stock market authorities before selling his FLC shares.
The move is aimed at diversifying products on offer and boosting market liquidity.