Global slump weighs on shares

Investors sold off stocks due to the US decline on May 11, dragging the VN-Index under the 520 resistance mark to end at 519.6 points on May 12.

State bank moves, penny stocks sustain markets

Investor sentiment on the nation’s stock markets improved throughout last week, helped by measures by the State Bank of Vietnam to ease interest rate pressures, lifting the VN-Index to a close on April 9 of 517.46 points, a gain of 1.36 percent from the previous week.

Hoa Sen sells shares to strategic partners

Steel producer Hoa Sen Group (HSG) has sold nearly 12 million shares to three domestic and foreign financial institutions: the Republic of Korea ’s STIC Investment Inc, FPT Securities Co and Bong Sen Fund Management Co.
Gov’t programme reduces number of poor households Society

Gov’t programme reduces number of poor households

Ngo Truong Thi, Deputy Head of the Social Welfare Department under the Ministry of Labour, War Invalid and Social Affairs, has reported a drop in number of poor households from 47 percent in 2008 to 43 percent as of present day.

Border trade zone launches promotion campaign

The south-western border province of An Giang introduced its duty free Tinh Bien trade zone and announced a festival to spotlight Vietnam’s ‘high-quality products’, at a press briefing in Phnom Penh on August 18.

Property popular as Index nears 500

Almost all shares in the construction and real estate development sectors hit their ceiling prices on the HCM Stock Exchange on August 12, lifting the VN-Index to within striking distance of the psychologically-important 500-mark, but acclerated profitaking put the brakes on the upward trend.

City rally buoys VN-Index

Buys accelerated the Ho Chi Minh City Stock Exchange on July 27, extending the current rally and pushing the VN-Index up another 15 points to close at 469.71, an increase of 3.3 percent.