Shares rise for 2nd day on banks Business

Shares rise for 2nd day on banks

Vietnamese shares rose for a second day on both local markets on August 24, driven by bank stocks on expectations that a new draft circular would help local banks operate more efficiently.
NPC signs 22.7 million USD loan deal Business

NPC signs 22.7 million USD loan deal

The Northern Power Corporation under the Electricity of Vietnam Group (EVN NPC), signed a syndicated loan agreement worth 515 billion VND (22.7 million USD) last week for the period of seven years.
Shares up on good earnings reports Business

Shares up on good earnings reports

Shares advanced on both local exchanges on January 24, driven by bank and energy stocks as investor confidence was positive for companies releasing good earnings reports.
Sabeco listing fails to lift market Business

Sabeco listing fails to lift market

Saigon Beer Alcohol Beverage Corp. (Sabeco) hit the daily limit rise of 20 percent on its first trading day on the main bourse in HCM City on December 6 but this was not enough to lift the market.
Foreign blue-chip sales sink stocks Business

Foreign blue-chip sales sink stocks

Shares fell for a second day on November 25 as foreign blue chip offloading pushed those stocks down and sinking oil prices caused energy sector volatility.
HCM City’s bad debts down to 3.8 percent Business

HCM City’s bad debts down to 3.8 percent

Ho Chi Minh City’s bad debts had decreased to 3.8 percent of total credit outstanding balance by the end of August, said Director of the State Bank of Vietnam’s municipal branch To Duy Lam.