Business

Post-crisis opportunities, challenges highlighted

Numerous managers, economists and businesspeople gathered at a seminar in Ho Chi Minh City on September 9 to discuss the opportunities and challenges as well as Vietnam ’s policies and measures after the economic crisis.

Co-hosted by the Vietnam Investment Review (VIR) and the Association of Foreign-invested Enterprises, the seminar also served as a forum for the delegates to analyse the factors affecting the flow of investment and trade.
Business

Foreign stock investments regain head of steam

Total foreign investment in the nation's stock market has fallen to 7 billion USD in 2009 from a peak of 11-12 billion USD in 2007, but current rates of investment represent a significant recovery from the 2008 economic crisis, State Securities Commission chairman Vu Bang told Vietnam News.

A new State Bank of Vietnam report on foreign indirect investment showed that an estimated 1.8 billion USD worth of foreign capital was injected into securities in the first six months this year.

Business

Investors expect open more trading accounts

Investors expect to open more trading accounts and be allowed to buy or sell stock the same day thanks to a draft circular on transaction instructions which the State Securities Commission (SSC) is compiling to submit to the Finance Ministry before being issued.
Business

Indirect investment helps increase stock liquidity

The flow of foreign indirect investment (FII) has helped increase the liquidity of the stock market as well as accelerate the equitisation of State-owned businesses and the issuance of government and corporate bonds, according to economic experts.
Business

Market capitalisation reaches 38 percent of GDP in 2009

Stock market capitalisation reached 620 trillion VND (33 billion USD) at the end of last year, equaling nearly 38 percent of GDP, announced State Securities Commission vice chairman Nguyen Doan Hung at a conference in Hanoi on Jan. 22.
Business

Brokers banned from OTC trades

Securities companies will be banned from trading shares on the over-the-counter (OTC) market effective January 28, under a new order from the State Securities Commission.
Business

Stocks explode into new year

The VN-Index soared by 4.5 percent on January 4, closing the first trading of the new year at 517.05 points, its strongest single-day performance in the past five months.
Business

VN-Index falls on uncertainty

Unfavourable moves in global markets and uncertainty over the second Government stimulus package drove the VN-Index down 3.06 percent or 18.37 points to 581.49 points, after a slight rebound on October 28.
Business

Finance stocks prop up indices

The VN-Index remained largely unchanged on Sept. 16, closing up just 0.38 points to 556.98, as a strong performance by financial shares helped counteract an ongoing wave of profit-taking.
Business

A/H1N1flu threat to stock market trading

If a quarter of the securities companies on the Ho Chi Minh or Hanoi stock exchanges suspended trading activities because of the threat of A/H1N1 flu, it would force the State Securities Commission to suspend all market trading.
Business

Korean retailer finds local partner

The Republic of Korea’s clothing retailer E-Land Group has become the foreign strategic partner of Vietnam’s Thanh Cong Textile & Garment Joint Stock Co (TCG), after acquiring a 30 percent stake in the company, Thanh Cong announced.