vietnam

Ho Chi Minh

Global Markets

Southeast Asia's top market is set for another boost

HANOI (Dec 6): Vietnamese stocks, already the best-performing Southeast Asian shares in the past year, are set for another boost -- the listing of Saigon Beer Alcohol Beverage Corp. on the Ho Chi Minh City Stock Exchange Tuesday.

Broker's Calls

China and Vietnam will drive growth for this property group

SINGAPORE (Dec 1): CIMB is maintaining its “add” recommendation and target price of $4.17 on CapitaLand after observing healthy demand at the group’s projects in Guangzhou, Shenzhen and Vietnam.

Will Asean pivot to China now?

SINGAPORE (Nov 16): Now that Donald Trump is the US President Elect, market watchers expect the ratification of the Trans-Pacific Partnership to lapse, dashing the hopes of external markets that rely on US demand.

Results

Parkson Retail sinks into 1Q loss on declining same store sales growth

SINGAPORE (Nov 10): Parkson Retail sunk into a loss of $5.2 million in 1Q from earnings of $49.5 million a year ago. This came on the back of negative same store sales growth across all regions and losses incurred from new stores and businesses.

Results

Ntegrator wins $20.8 mil contract from Vietnam’s largest mobile network operator

SINGAPORE (Oct 26): Ntegrator has secured a contract worth $20.8 million to supply high-performance batteries to Viettel, Vietnam’s largest mobile network operator.

Results

MapletreeLog’s 2Q DPU stays flat at 1.86 cents

SINGAPORE (Oct 24): Mapletree Logistics Trust has declared a 1.86 cents distribution per unit for 2QFY17, unchanged from the DPU announced in 2QFY16.

These 5 Asean destinations will dominate a $1.1 tril industry by 2026

SINGAPORE (Oct 18): By 2026, nearly 1 in 10 dollars (9.7%) of global investment in the travel & tourism (T&T) industry will be in the Asean region, says the World Travel & Tourism Council (WTTC) based on its latest report entitled ‘Travel & Tourism Inve

Broker's Calls

Raffles Medical has more room for growth

SINGAPORE (Oct 17): After posting 5% earnings growth in 2QFY16, RHB Research Cai is still maintaining its “buy” rating on the stock with a target price of $1.70 as it believes the group has more room to grow.

ISEC Healthcare terminates MOU with Hai Yan Anh Tran

SINGAPORE (Oct 17): ISEC Healthcare has terminated its memorandum of understanding (MOU) with Hai Yan Anh Tran, after failing to enter into an agreement.

In print this week

UOB banks on digital and overseas expansion as credit cycle worsens

SINGAPORE (Sept 30): United Overseas Bank did something unusual for shareholders this year, offering a scrip alternative for shareholders to receive their dividends.
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