Business

City bourse celebrates 10 years

The HCM Stock Exchange has received the Labour Order, First Class, for its contribution to the growth of not only the stock market but also the economy since its inception in July 2000.
Business

Hanoi Exchange grows to 2 bln USD in market capitalisation

From its humble beginnings five years ago as the Hanoi Securities Trading Centre, the Hanoi Stock Exchange has increased from just six listed shares to a total of 266, representing current market capitalisation of 37.5 trillion VND (2 billion USD).
World

Prudential PLC to buy AIG’s Asian arm

British insurance giant Prudential PLC on Mar. 1 announced that it will purchase American International Group Inc. (AIG)’s Asian branch AIA for 35.5 billion USD.
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

Bond market largely untapped

The bond market offers a yet-to-be-tapped channel for luring foreign investment, said participants at the Vietnam Finance and Capital Markets Conference held on Nov. 30 in Hanoi.