Sunday, May 28, 2017 - 15:28:33

Ban on trading gold through foreign accounts

Business

Ban on trading gold through foreign accounts

All gold trading activities via foreign accounts had been banned with the exception of any further trades needed t pay off contracts and close the accounts, the State Bank of Vietnam announced on its website on January 7.

Thang Long tops HOSE brokers

Business

Thang Long tops HOSE brokers

Ho Chi Minh Stock Exchange (HoSE) has named the top 10 securities companies that held a combined 51.26 percent stake in shares and fund certificates for the entire 2009.

Profit-taking weighs on shares

Business

Profit-taking weighs on shares

Modest declines by blue chips on the Ho Chi Minh Stock Exchange restrained the rising trend of the VN-Index on January 7, which closed off 0.21 percent to 533.34 points.

Vietnam - "cheap" stock market, says investor

Business

Vietnam - "cheap" stock market, says investor

Vietnam , together with Nigeria , Kazakhstan and Ukraine , is among "particularly cheap" so-called frontier stock markets even as developing nations face a "correction" that may exceed 20 percent, investor Mark Mobius said.

Vietnam looks to invest more abroad

Business

Vietnam looks to invest more abroad

Investment outflow of Vietnamese businesses into foreign countries and territories is expected to increase with a yearly average of 500 million USD, according to the Ministry of Planning and Investment (MPI)’s Foreign Investment Agency.

Last year saw a wave of Vietnamese foreign investment. Deputy head of the department, Bui Quoc Trung, said Vietnam invested in 457 projects with 7.2 billion USD in over 50 countries and territories. The figures reached 143 percent of set targets and over twice as much as the total investment between 1989 and 2008.

US company to launch mobile data centres in Vietnam

Business

US company to launch mobile data centres in Vietnam

The US-based Dot VN, Inc. on Jan 6 said that it will cooperate with Elliptical Mobile Solutions, LLC (EMS) to launch a product line of mobile data centres for the first time to be available for sale to customers in business, government, education, healthcare, banking and other industries throughout Vietnam and Asia.

New Year rally begins to gasp

Business

New Year rally begins to gasp

The VN-Index saw a modest gain of another 0.36 percent on January 6, closing at 534.46 points on the HCM Stock Exchange, for the third consecutive rising day.