Vietnamplus

Dairy producers faced lower profit in the second quarter of 2022 due to weaker demand and high materials prices.

After increasing inventories at the beginning of 2021 to take advantage of price differences to maximise profits, the strategy has now hit steel producers hard as global steel prices plunged at the end of the year.

With securities firms now allowed to increase their total liabilities to serve the increasing number of customers, the Vietnamese market has never been more active.

FLC Group Joint Stock Company expects to achieve more than 1.1 trillion VND (47.71 million USD) in pre-tax profit, and over 15 trillion VND in consolidated revenue this year, the group has said.

Handicrafts are identified as one of the product groups with great export potential and high-profit margin that Vietnam needs to boost in the future.

Margin trading should be allowed on the Unlisted Public Company Market (UPCoM) to increase the exchange’s liquidity.

Many banks no longer benefit from demand deposits as the low-cost capital source has declined sharply due to the impacts of the COVID-19 pandemic.

The Binh Son Refining and Petrochemical Joint Stock Company (BSR) has enjoyed sound business results from the outset of the year, although its profit margin was affected by fluctuations in global oil prices.

Profit growth of Vietnamese banks in 2019 is forecast to be lower than last year, but experts say this should not be cause for concern.

Though many banks have posted positive profits in the first half of 2019, their bad debts have continually increased in the wake of high credit growth in risky business segments.

Trading liquidity on the derivatives market has fallen for the past five sessions after the new trading fees came into effect on February 15.

Cold-rolled steel imported from China, the Republic of Korea (RoK) and Vietnam is being unfairly subsidised and dumped in Candida, according to the Canada Border Services Agency (CBSA).

Shares on the Ho Chi Minh Stock Exchange (HoSE) slightly increased on August 20 thanks to the strong surge of heavyweight stocks.

The Vietnam Securities Depository (VSD) will apply a new minimum initial margin ratio of 13 percent from July 18 instead of the previous 10 percent for VN30 Index futures to avoid violations and ensure the security of the derivatives market.

In the early days of July, many listed companies have reported positive earnings for the first half of this year. Most are leading companies in their industries.

The Australian Anti-Dumping Commission (ADC) has ended its year-long investigation into alleged dumping of steel rod in coils exported to Australia from Vietnam in favour of the country .

The State Securities Commission (SSC) has issued a draft regulation requiring the initial margin ratio contracted by securities companies for margin lending to be at least 60 per cent.

Vietnamese shares plummeted on January 17 as investors realised short-term profits. Worries remained that the adjusted policy on margin lending could take effect early next month.

Vietnamese shares ended January 16 on a negative note as large-cap stocks were hit by strong selling as investors worried about a draft amendment on the initial margin to be passed by market regulators.

Many securities companies have opted to issue corporate bonds to raise capital to finance their margin lending service, following upbeat forecasts for the market in 2018.