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Listed companies report big profits, VN Index hits 9-year peak
VietNamNet Bridge - Many companies have reported profit increases in the first half of 2016, a sign that the national economy is warming up, according to economists.
Shareholders’ meeting season starts, businesses pocket big money
VietNamNet Bridge - Managers of large conglomerates are believed to pocket hundreds of billions of dong worth of dividends this year. Many of them have been leading simple lives and doing big business.
Banks make huge profits, but won’t pay dividends
VietNamNet Bridge - Many banks have announced they will not pay 2014’s dividends to shareholders, even though they have declared trillions of dong in profit. This has raised doubts about the status of the banks’ health.
Does Central Bank breaks the law when determining banks’ dividends?
VietNamNet Bridge - The State Bank of Vietnam’s (SBV) announcement to determine the dividends commercial banks can pay to their shareholders has raised controversy about its legitimacy.
Commercial banks told to pay dividends of no more than 9%
VietNamNet Bridge - The State Bank of Vietnam (SBV) has said that dividends each commercial bank can pay to their shareholders must not be higher than 9 percent.
State will collect its dividends from SOEs
The government’s proposal to collect dividends from the shares it holds in state owned enterprises (SOEs) has got prompt approval from the National Assembly. Economists have commented that the decision should have been made earlier.
Finance Ministry requested to report on dividend worth millions of USD
After the media reported that several state corporations, including the Ministry of Finance, received dividend worth a trillion Vietnam dong, Deputy PM Vu Van Ninh has requested the Ministry to report on this issue.
