Vietnam realty stock deleted from MSCI Frontier Markets Index

Vietnam realty stock deleted from MSCI Frontier Markets Index

Global index provider MSCI has removed the stock of Nam Long Investment Corporation (HoSE: NLG) from its MSCI Frontier Markets Index.

Finance - Wed, May 15, 2024 | 4:36 pm

New trading system KRX 'not criterion for Vietnam stock market status upgrade'

New trading system KRX 'not criterion for Vietnam stock market status upgrade'

The new trading system KRX is not a condition required by rating agencies FTSE Russell and MSCI to approve a status upgrade for the Vietnamese stock market, said director of a securities firm.

Finance - Sun, May 5, 2024 | 10:28 pm

Vietnamese ministry warns public about online stock market investment scams

Vietnamese ministry warns public about online stock market investment scams

Posing as securities experts, several scammers are enticing people to join closed groups on social networks, access web links or install apps for stock investment, the Ministry of Public Security (MPS) warned.

Finance - Sun, May 5, 2024 | 9:27 am

Rice stocks plunge, delist despite Vietnamese rice success in global arena

Rice stocks plunge, delist despite Vietnamese rice success in global arena

Vietnamese rice is continuing to make gains in the global arena, but domestic rice businesses are facing constant losses and plunging stock prices.

Finance - Sat, May 4, 2024 | 10:46 am

Stock market liquidity forecast to pick up at end-Q2

Stock market liquidity forecast to pick up at end-Q2

Real estate investment cash flow remains limited, but money flowing into stocks is likely to be positive at the end of the second quarter, said Dinh The Hien, director of the Institute of Informatics Research & Applied Economics.

Finance - Fri, May 3, 2024 | 10:14 am

New stock trading system KRX unable to go-live on May 2: regulator

New stock trading system KRX unable to go-live on May 2: regulator

The State Securities Commission (SSC) has rejected the Ho Chi Minh Stock Exchange’s (HoSE) proposal to officially operate a new stock trading system called KRX on May 2, citing some securities firms as saying that there were errors during the testing process.

Finance - Fri, April 26, 2024 | 3:05 pm

Leading broker SSI allays concerns over cybersecurity after VNDirect ransomware attack

Leading broker SSI allays concerns over cybersecurity after VNDirect ransomware attack

Information security requires a supervisor who can identify strangers entering the system, said Nguyen Duy Hung, chairman of leading broker SSI Securities in response to inquiries from shareholders following the hacking incident at VNDirect Securities.

Companies - Fri, April 26, 2024 | 10:13 am

VN-Index up 15 points after losing over 100 points last week

VN-Index up 15 points after losing over 100 points last week

Vietnam’s benchmark VN-Index gained 15.37 points, or 1.31%, to 1,190.22 on Monday, after losing more than 100 points last week, thanks to the rallies of securities and banking stocks.

Finance - Mon, April 22, 2024 | 4:34 pm

Vietnam exchange rate pressures to ease gradually: economist

Vietnam exchange rate pressures to ease gradually: economist

Vietnam will see exchange rate pressures ease gradually as the U.S. Federal Reserve (Fed) gets set to reduce interest rates and the gold market becomes more stable, said economist Can Van Luc.

Banking - Mon, April 22, 2024 | 5:57 pm

Vietnam stock market loses $20 bln over four sessions

Vietnam stock market loses $20 bln over four sessions

Price plunge swept away nearly VND480 trillion ($20 billion) from Vietnam’s stock market after four sessions during the week April 15-19.

Finance - Sun, April 21, 2024 | 10:27 pm

Discrepancies between preliminary, audited financial reports remain thorny

Discrepancies between preliminary, audited financial reports remain thorny

A disparity between preliminary reports issued by many Vietnamese businesses and their audited financial statements has persisted on the stock market for years, leading to distorted stock prices and adversely affecting investors’ interests.

Finance - Wed, April 17, 2024 | 8:19 am

WB estimates $25 bln foreign investment after Vietnam stock market upgrade

WB estimates $25 bln foreign investment after Vietnam stock market upgrade

Vietnam’s stock market status upgrade from “frontier” to “emerging” by global index providers FTSE Russell and MSCI can attract international investments of $25 billion by 2030, the World Bank estimates.

Finance - Tue, April 16, 2024 | 8:50 pm

Misinformation a bane for Vietnam stock market investors: broker

Misinformation a bane for Vietnam stock market investors: broker

Stock market investors in Vietnam closely follow official media and any misinformation it carries can badly hurt the market, says Nguyen Duy Hung, chairman of SSI Securities.

Finance - Tue, April 16, 2024 | 11:50 am

Vietnamese billionaires lose $479 mln on stock market plunge

Vietnamese billionaires lose $479 mln on stock market plunge

The five wealthiest billionaires in Vietnam lost a total of VND12 trillion ($479.3 million) on Monday when the VN-Index, representing the Ho Chi Minh Stock Exchange (HoSE), plummeted 60 points, the sharpest fall in nearly 2 years.

Finance - Tue, April 16, 2024 | 8:10 am