As the stock market has warmed up after a long cold period, a lot of companies are moving ahead with plans to list shares.


Just in the past two months, many companies have got approval from the Hanoi and HCM City Stock Exchanges to list on the respective bourses. These include big names like Vietcombank and Vietinbank (banks) and Bao Viet (insurer).


On August 11, 25 million shares of the Southern Industries Joint Stock Company (CSM) and eight million shares of the Hanoi Education Investment and Development (EID) hit the stock market.


Moreover, the HCM City and Hanoi stock exchanges have released legal documents officially approving the listing of some companies. This means that in August, the two bourses will welcome some ‘newcomers’, eight million shares of VNL, a trade and freight forwarding company, 81 million shares of Phuoc Hoa Rubber Company (PHR), 10.7 million shares of Urban Development and Industry Company No 2 (D2D).


Phuong Nam Education Development and Investment has also got approval to list 6.48 million shares, Nagakawa has got the go-ahead on the listing of 10 million shares worth 100 billion dong in face value.


By the end of the year, there will be three more banks listing shares on the bourses: Eximbank, Military Bank (MB) and Saigon Commercial bank ([url="http://www.vietstock.com.vn/vstfinance/StockDetail.aspx?scode=SCB&q=SCB" target=_blank>SCB). With the chartered capital of Eximbank at 7.219 billion dong, of