Markets fall on foreign sell-offs Business

Markets fall on foreign sell-offs

Foreign investors on March 11 remained the markets' top sellers for the fourth session in a row as they increased their net selling value by 166.17 percent over the previous day’s session to 83.8 billion VND (4 million USD), hurting both southern and northern bourses' performance.
Business

Deposit rate cut boosts optimism

Investors were upbeat over news of the State Bank of Vietnam's interest rate cut last week, but lingering caution over market outlook restrained the rise of Vietnamese stock indices.
Optimism boosts shares nationwide Business

Optimism boosts shares nationwide

Prospects of a growing uptrend attracted more investors into the stock market and helped lift indices on both stock exchanges in Vietnam on September 3.
Business

System to evaluate e-commerce sites

The Department of E-commerce under the Ministry of Industry and Trade on June 15 introduced a system to assess the trustworthiness of e-commerce websites in Vietnam in a bid to protect local customers from online trade frauds.
Business

Japan offers 50 pct subsidy for tour ad: paper

Some Vietnamese travel firms have received financial supports of up to 50 percent of advertising charges when selling tours to Japan, a move aimed to lure more holiday-makers after visa procedures to the nation have been loosened, a local newspaper reported.
Business

Ho Chi Minh City bourse bounces back

Ho Chi Minh City Stock Exchange witnessed a strong rebound yesterday in both liquidity and benchmark indices, while the Hanoi market suffered from profit-taking pressure and closed down.
Business

Retail real estate set to prosper, says CBRE

Retail real estate has performed well both globally and regionally during 2013 and this is expected to continue in 2014. CBRE Vietnam executive director Richard Leech sees that the segment is bucking the downward trend. Report by Vietnam Investment Review.
Business

Petrol price hike hits markets

The unexpected rise in petrol prices on June 14 hit the stock market on the first trading day of the week on June 17 with indices falling on both major exchanges.