VPS, SSI lead stockbrokers in software investment

VPS, SSI lead stockbrokers in software investment

Leading Vietnamese stockbrokers VPS Securities and SSI Securities have made the strongest investments in software among brokerage houses in the country.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Public companies to disclose information in English from 2025

Public companies to disclose information in English from 2025

Public companies will have to disclose information in English, starting 2025, according to a draft circular issued by the Ministry of Finance in line with a request from the State Securities Commission (SSC) of Vietnam.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Seven officials accused of helping former FLC chairman manipulate stock market

Seven officials accused of helping former FLC chairman manipulate stock market

Seven officials have been accused of assisting Trinh Van Quyet, former chairman of real estate developer FLC Group, in manipulating stocks, said the Ministry of Public Security’s investigation agency (C01) on Saturday.

Society - Mon, Dec 22, 2021 | 11:30 am GMT+7

VN-Index forecast to hit 1,300 points next year: broker VCBS

VN-Index forecast to hit 1,300 points next year: broker VCBS

Vietnam’s benchmark VN-Index is forecast to reach 1,300 points in 2024 on the back of low deposit interest rates at commercial banks, says leading broker Vietcombank Securities (VCBS).

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietcap Securities signs $75 mln loan with Maybank, Taishin

Vietcap Securities signs $75 mln loan with Maybank, Taishin

Vietcap Securities, a major stock brokerage house in Vietnam, has signed syndicated loan financing for $75 million, with a greenshoe option of up to $50 million, the firm announced Thursday.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Individual domestic investors' stock accounts down for first time in Vietnam as index plunges

Individual domestic investors' stock accounts down for first time in Vietnam as index plunges

Stock accounts held by individual Vietnamese investors numbered 7,384,707 as of October 31, down 378,137, or 5%, compared to the end of September, according to the Vietnam Securities Depository and Clearing Corporation (VSD).

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam to intensify crackdown on stock market manipulations

Vietnam to intensify crackdown on stock market manipulations

Vietnam’s Ministry of Public Security will launch a campaign to intensively check, clarify and handle violations on the stock market, especially “manipulation” and “fraud to appropriate assets.”

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

VN-Index plunges for 3 consecutive sessions

VN-Index plunges for 3 consecutive sessions

Vietnam's benchmark VN-Index on Wednesday fell 18.25 points, or 1.63%, to 1,103.4, marking its third consecutive losing session and the lowest level since June 8.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam stock market set for year-end recovery: expert

Vietnam stock market set for year-end recovery: expert

Vietnam’s benchmark VN-Index can return to the 1,300-point territory by year-end, says Le Duc Khanh, director of analysis at leading broker VPS Securities.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Japan's SMBC member entirely divests from Vietnam broker Petrovietnam Securities

Japan's SMBC member entirely divests from Vietnam broker Petrovietnam Securities

SMBC Nikko Securities Inc., a member of Japan’s Sumitomo Mitsui Banking Corp. (SMBC), is now no longer a major shareholder of Petrovietnam Securities JSC (PSI), according to the Hanoi Stock Exchange (HNX).

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam central bank to control credit in high-risk areas

Vietnam central bank to control credit in high-risk areas

The State Bank of Vietnam (SBV) will continue implementing solutions to control credit heading into high-risk areas, including speculative real estate areas, the high-end real estate segment with excess supply, securities and corporate bonds.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

Verify, clean stock trader data, Deputy PM tells finance ministry

Verify, clean stock trader data, Deputy PM tells finance ministry

Deputy Prime Minister Tran Luu Quang on Saturday asked the Ministry of Finance (MoF) to direct the review, verification and cleaning of securities traders’ data, including information about relatives engaging in transactions.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Improved financial reporting can drive more money into Vietnam stock market

Improved financial reporting can drive more money into Vietnam stock market

The peak season for firms releasing their regular financial reports is a key time for investors to access information about businesses and make their investment decisions.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Securities stocks push VN-Index up 9 points

Securities stocks push VN-Index up 9 points

The VN-Index, which represents the Ho Chi Minh Stock Exchange (HoSE), gained 8.73 points, or 0.72%, to close at 1213.16 on Wednesday, thanks to the rally of securities stocks.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Ho Chi Minh City Securities Corporation fined for using unlicensed staff

Ho Chi Minh City Securities Corporation fined for using unlicensed staff

The State Securities Commission has fined Ho Chi Minh City Securities Corporation (HSC) for violations in employing staff without securities practice certificates.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Securities, real estate stock rallies push VN-Index up 5 points

Securities, real estate stock rallies push VN-Index up 5 points

Vietnam’s benchmark VN-Index gained 4.63 points, or 0.38%, to close at 1,236.84 on Monday, thanks to the rallies of securities and property stocks.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

VN-Index gains over 100 points after one month

VN-Index gains over 100 points after one month

After several weeks of consecutive gains, Vietnam’s benchmark VN-Index now stands at 1,225.98 points, up nearly 106 points since June 30.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Bird’s nest firm issues $1.4 bln worth securities invoices within a week

Bird’s nest firm issues $1.4 bln worth securities invoices within a week

A firm trading in bird’s nest issued invoices worth VND34 trillion ($1.44 billion) in just seven days, almost all of them for the stock market, HCMC tax officials said Wednesday.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam benchmark index approaches 1,150-point territory

Vietnam benchmark index approaches 1,150-point territory

The VN-Index, which represents the Ho Chi Minh Stock Exchange (HoSE), has crossed 1,125 points and could reach the 1,150-point territory soon, according to Saigon-Hanoi Securities (SHS).

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

15 under house arrest as stock manipulation probe expands

15 under house arrest as stock manipulation probe expands

The Ministry of Public Security's investigative agency placed 15 people under house arrest Friday for suspected involvement in the stock market manipulation scam related to former FLC Group chairman Trinh Van Quyet.

Society - Mon, Dec 22, 2021 | 11:30 am GMT+7

Steel, securities stock rallies push VN-Index up 7 points

Steel, securities stock rallies push VN-Index up 7 points

Vietnam’s benchmark VN-Index gained 6.74 points, or 0.61%, to 1,118.46 on Wednesday thanks to the rallies of steel and securities stocks.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Foreign investors net buy Vietnamese stocks for fifth straight session

Foreign investors net buy Vietnamese stocks for fifth straight session

Foreign investors continued as net buyers on the Ho Chi Minh Stock Exchange (HoSE) for the fifth consecutive session to the tune of nearly VND400 billion ($17 million) on Friday.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam stock market waits for large cash injections

Vietnam stock market waits for large cash injections

The Vietnamese stock market has welcomed a healthy return of cash following recent ceiling deposit interest rate cuts, but larger investments are still waiting for new monetary and fiscal policies to prove effective, according to brokers.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

No VAT reduction for telecom, banking, securities, real estate, insurance sectors

No VAT reduction for telecom, banking, securities, real estate, insurance sectors

The Vietnamese government on Wednesday proposed to the legislature a 2-percentage-point reduction in value added tax (VAT) for goods and services, except for those in the telecom, real estate, securities, insurance and banking sectors.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Stock market to offer long-term opportunities: broker

Stock market to offer long-term opportunities: broker

The Vietnamese stock market is gradually finding a balance point and creating clearer conditions for long-term investment positions, said top securities broker SSI.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

VN-Index rallies on market corrections

VN-Index rallies on market corrections

Tuesday saw Vietnam’s benchmark VN-Index close at 1,111.18 points, up 0.78% over Monday, after initial dips.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Phat Dat Corp CEO spends  $7.63 mln on 18 mln PDR shares

Phat Dat Corp CEO spends $7.63 mln on 18 mln PDR shares

Bui Quang Anh Vu, CEO of Phat Dat Real Estate Development Corp (PDR), has purchased over 18 million PDR shares via order matching, according to the firm's report on internal trading.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Foreigners end November as net buyers of Vietnamese stocks

Foreigners end November as net buyers of Vietnamese stocks

This November was highlighted by foreign investors ending as net buyers on the Vietnamese stock market to the tune of VND15,594 billion ($654.5 million), the highest monthly total in the past two years.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Bamboo Capital honored among Vietnam’s 50 best performing companies

Bamboo Capital honored among Vietnam’s 50 best performing companies

Bamboo Capital Group (BCG) was honored on the “Vietnam’s 50 Best Performing Companies” list announced Thursday.

Bamboo Capital - Mon, Dec 22, 2021 | 11:30 am GMT+7

Stock market shows positive signs, more short-term shakes forecast

Stock market shows positive signs, more short-term shakes forecast

Shares in Vietnam finished higher in the last three consecutive sessions to drag up the VN-Index, but experts warned of some shocks in the short term.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Bamboo Capital chairman registers to buy 5 mln BCG shares

Bamboo Capital chairman registers to buy 5 mln BCG shares

Nguyen Ho Nam, chairman of Bamboo Capital Group (BCG), has registered to buy five million BCG shares via put-through or order-matching transactions, the Ho Chi Minh Stock Exchange-listed firm announced Wednesday.

Bamboo Capital - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam to make enterprise, securities laws more transparent: minister

Vietnam to make enterprise, securities laws more transparent: minister

The Finance Ministry will propose amendments to the laws on enterprises and securities as well as related regulations in order to make them more transparent, says Minister Ho Duc Phoc.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

VN-Index drops to 20-month low amid global downturn

VN-Index drops to 20-month low amid global downturn

Vietnam’s benchmark VN-Index closed Thursday at 1,074.52, down 29.74 points or 2.69% to a 20-month low, influenced by the global market downturn.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

VN-Index drops for fifth consecutive day despite strong economic data

VN-Index drops for fifth consecutive day despite strong economic data

Vietnam’s benchmark VN-Index dropped 17.55 points Thursday to 1,126.07, despite newly-released data showing the country’s nine-month GDP growth hitting 8.83%, a record high in 12 years.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

VN-Index plunges to 19-month low amid broad selloffs

VN-Index plunges to 19-month low amid broad selloffs

Vietnam’s benchmark VN-Index dropped 22.92 points Wednesday, or 1.96%, to 19-month low of 1,143.62 points, due to broad selloffs of major stocks.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7