Profit-taking drags stocks down Business

Profit-taking drags stocks down

Vietnamese shares fell on August 9 as strong selling pressure weighed down large-cap stocks and listed firms suffered from negative news of the macro-economy.
Credit institution assets reach nearly 448 billion USD Business

Credit institution assets reach nearly 448 billion USD

The total assets held by Vietnam’s credit institutions reached more than 10.3 quadrillion VND (447.8 billion USD) by the end of May, an increase of 3.27 percent over the beginning of this year, the latest report from the State Bank of Vietnam (SBV) showed.
Banks post impressive profit growth in H1 2018 Business

Banks post impressive profit growth in H1 2018

Many banks have reported impressive profit growth in the first half of 2018, compared to the same period last year, thanks to the high credit growth and the improvement from the retail banking segment.
Selling pressure drives market down Business

Selling pressure drives market down

Shares plummeted on July 3 as strong selling pressure pushed the benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) and the HNX-Index on the Hanoi Exchange (HNX) to hit rock bottom in 2018.
Stocks set to break all-time record Business

Stocks set to break all-time record

Vietnamese stocks are expected to rise further with the benchmark VN-Index forecast to surpass its all-time peak of 1,170 in 2007 on rising investor confidence in the market outlook, analysts said.
Stocks set to rise further after Tet Business

Stocks set to rise further after Tet

Vietnam’s stock market is expected to rise further after the Tet (Lunar New Year) holiday and even throughout 2018, boosted by positive macro economic development as well as support of foreign traders
Markets set for low trading before Tet Business

Markets set for low trading before Tet

Shares are expected to move modestly in the coming two trading sessions as investors settle trading before the Tet (Lunar New Year) holiday, while concerns remain following recent turbulence in global markets.
Court requests further investigation into Construction Bank case Society

Court requests further investigation into Construction Bank case

The Ho Chi Minh City People’s Court on February 7 decided to return the dossier of the case “deliberately violating State regulations on economic management causing severe consequences” at the Vietnam Construction Bank (VNCB, now Construction Bank – CB), and requested further investigation.