Markets concluded the week on a negative note due to poor investor sentiment and low liquidity.

Many leaders of several other local companies will have to pay VND20-30 million ($870-1,300) in fines for administrative violations of stock market rules.

Vietnamese shares were mixed on the two exchanges on Friday morning while trading liquidity remained modest.

Doan Hong Viet, chairman cum general director of Digiworld JSC (HoSE: DGW) said at the firm’s annual shareholder meeting on March 22 that the company had decided to not issue six million shares to raise charter capital because the market was trading negatively beyond the firm’s expectations.

Vietnamese shares slid Thursday as investors began to take some profits from last week’s markets advance.

Vietnamese shares slid on Thursday morning as investors began to take some profits from the market’s advance last week.

Vietnamese shares may gain slightly in the post-holiday period as listed firms are giving a few strong clues that could boost the market’s short-term prospects.

The Ministry of Finance has released a circular to instruct State-owned enterprises (SOEs) to use book-building to sell shares owned by the State.