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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
Foreign investors buy $33 mln worth of industrial park developer Idico’s shares since early this year
Foreign investors have net bought IDC shares of Vietnam’s leading industrial park developer Idico to the tune of VND846.9 billion ($33.3 million) since the beginning of this year, according to Vietcap Securities.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam stock market worst performer in Asia, index records sharpest fall in 2 years
Vietnam’s benchmark VN-Index lost nearly 60 points, or 4.7%, to 1,216.61 on Monday, becoming the worst performer in Asia with biggest drop in 23 months.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnamese securities firms reap profits on stock market rallies
A chorus of Vietnamese securities firms have announced impressive profit estimates for the first quarter of this year, thanks to positive market developments.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Cash to flow into stocks, real estate on back of gold rally, low interest rates
While gold prices have been climbing sharply, deposit interest rates remain low, and the stock market has experienced recent corrections, so where should people put their money to make a profit? The Investor spoke with Pham Manh Hung, vice head of the Research Institute for Banking, under the Banking Academy of Vietnam, about this issue.
Consulting - Mon, Dec 22, 2021 | 11:30 am GMT+7
Hackers looking to profit from cyberattacks on banking-finance institutions: experts
Motivation for cyberattacks have shifted from fame or notoriety, to make money, as exemplified by the recent ransomware attack against leading Vietnamese broker VNDirect Securities, experts said Tuesday.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Investors need patience amid high market volatility: brokers
The VND/USD exchange rate is continuing to climb, and amid high market volatility, stock investors need to patiently observe market developments and wait for a short-term balance zone, according to Vietnamese brokers.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
High gold prices increase level of risk in Vietnam: RMIT expert
Considerable fluctuations in gold prices in Vietnam over the last two quarters have led to a high level of risk in the gold market, writes Dao Le Trang Anh, lecturer in finance at RMIT Vietnam.
Consulting - Mon, Dec 22, 2021 | 11:30 am GMT+7
Property developer Novaland's stock green-lighted to resume margin trading
The ticker of major real estate developer Novaland, NVL, has been removed from the list ineligible for margin trading at the Ho Chi Minh Stock Exchange (HoSE).
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
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 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
VN-Index records strongest gain in 4 months
Vietnam’s benchmark VN-Index made an impressive recovery on Wednesday, surging 25.51 points, or 2.05%, to 1,270.5 thanks to rallies in securities, real estate, banking, and steel stocks.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam regulator works to diversify stock market products
Vietnam’s State Securities Commission (SSC) is reviewing regulations to shorten and facilitate the process of listing shares after initial public offerings (IPOs), the commission said.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
VN-Index gains for fourth consecutive week
Vietnam's benchmark VN-Index increased 46.28 points to 1,258.28 from February 26 to March 1, marking its fourth consecutive week of gaining.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
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 to reach 1,300 points in 2024 thanks to individual investors: broker
Vietnam’s benchmark VN-Index will welcome capital flow from individual investors in 2024 and hit 1,300 points by the end of the year, according to Vietnamese broker Saigon Securities (SSI).
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam Exchange posts 2023 net profits of $77 mln
Vietnam Exchange (VNX), a wholly state-owned single-member limited liability company, reported net profits of VND1.88 trillion ($76.9 million) in 2023, down 10% year-on-year.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Public Bank to spend $15 mln on acquiring RHB Securities Vietnam
Public Bank Vietnam, a wholly owned subsidiary of Malaysia’s Public Bank Berhad, will spend VND374 billion ($15.24 million) on acquiring RHB Securities Vietnam.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam set to launch new stock trading platform KRX after final tests
A new stock trading platform provided by the Korea Exchange (KRX) will be deployed in Vietnam soon as its final user testing phase is completed.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam Rubber Group’s stock price soars as Q4/2023 profit rebounds strongly
Vietnam Rubber Group’s stock price surged 58% in the past two months as its net profit reached VND1,164 billion ($47.45 million) in the last quarter of 2023, the highest level of the year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
2024 expert advice: understand investment channels better, make money calmly
Investors can stay proactive and calm, limit herd behavior and adopt appropriate investment and retracement strategies in 2024 with improved knowledge and understanding of investment channels, says Can Van Luc, chief economist of BIDV bank and director of BIDV Research & Training Institute.
A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7
Securities companies up bank borrowings with low interest rates
With lower interest rates, many securities companies in Vietnam have increased bank loans to finance margin lending and investment activities.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Investors advised to buy more securities, real estate stocks during corrections next week
Investors should take advantage of corrective sessions next week to buy more stocks in the securities and real estate groups, said brokers.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
New stock trading system should be launched in Vietnam soon: deputy minister
A trading system developed by the Korea Exchange (KRX) should be put into operation in Vietnam soon to ensure synchronous transactions, said Deputy Finance Minister Nguyen Duc Chi on Tuesday.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Foreign investors net sell Vietnamese stocks for 7 straight weeks
Foreign investors were net sellers on the Ho Chi Minh Stock Exchange (HoSE) to the tune of VND2,692 billion ($111 million) in the December 18-22 week.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Securities companies disallowed to accept deposits from investors
The State Securities Commission (SSC), Vietnam's stock market watchdog, has instructed securities companies to stop mobilizing capital from investors and settle all outstanding transactions before June 30, 2024.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
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
HCMC bourse trading value surges 60% in past week
Trading value on the Ho Chi Minh Stock Exchange (HoSE) reached VND104.4 trillion ($4.3 billion) from December 4-8, a sharp increase of 59.9% compared to the previous week.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
HCMC bourse trading value hits 3-month high
Trading value on the Ho Chi Minh Stock Exchange (HoSE) reached VND27.44 trillion ($1.13 billion) on Thursday, a surge of 52% from the previous day and the highest level in nearly three months.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Right time for stock investment as deposit interest rates hit historic low: brokers
Low deposit interest rates along with banks looking to pump money into the economy have benefitted the stock market in Vietnam, said leading Vietnamese brokers.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
VN-Index makes biggest gain in three weeks
Vietnam's benchmark VN-Index rose 18.33 points, or 1.66%, to 1,120.49 points Monday, marking its biggest gain since November 8.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
HCMC bourse trading value plunges 39%
Trading value on the Ho Chi Minh Stock Exchange (HoSE) reached VND11.8 trillion ($486.76 million) on Monday, a decline of 39% from the previous day and the lowest level in nearly one month.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
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