Corporate leaders and their families are stepping in to buy shares worth trillions of đồng after a historic market plunge, signalling their confidence in long-term business prospects.
AGMs are emerging as a key test of corporate governance in Việt Nam, with transparency, dialogue and clear commitments increasingly shaping investor confidence and long-term market credibility.
Vietnamese stocks rebounded on Monday as strong gains in banking and materials shares helped lift the VN-Index nearly 24 points, recovering part of the losses after last week’s historic market sell-off.
KIDO Group Corporation officially unveiled AI Realities Joint Stock Company (AIRO), becoming a pioneer in bringing AI technology to the Vietnamese market.
Food producer, Kido Group Corporation, has made the strategic decision to completely exit the chilled food and ice-cream business, with an expected gain of VNĐ2.5 trillion (US$95 million).
Despite efforts from the financial sector to maintain positive momentum, the sharp declines in several key stocks led to a noticeable weakening in the market.
The highest penalties of VNĐ1.5 billion ($58 million) apply to acts such as falsifying documents to prove eligibility for issuance, or certifying forged documents in offering dossiers.
As Việt Nam''s bank credit-based growth has almost reached its limit, the country needs to shift to the capital market including stocks and bonds to meet its double-digit growth targets in the coming years.