Vietnamplus

SSI Securities Corporation (SSI) again had the biggest stock-brokering market shares on both Hop Chi Minh and Hanoi stock exchanges in the third quarter of the year.

The Vietnamese cosmetics market has grown strongly in recent years given the rapid economic growth and large young population, the Vietnam Association of Essential Oils, Aromatherapy and Cosmetics has said.

Changes in its business model and operation helped taxi firm Vinasun avoid bankruptcy last year.

Domestic banks have been expanding their network of branches and transaction offices rapidly in recent years in an effort to increase market share.

Shares closed on a positive note on April 5, as investors speculated on first-quarter earnings results and annual shareholder meeting information from many listed companies.

Thailand hopes to become one of the 10 biggest investors of Vietnam in the next two or three years from the 11th ranking at present.

Vietnamese shares retreated on March 24 on both local markets from gains on the day earlier as energy stocks declined on lower oil prices and banks fell on low investor confidence.

Shares declined for a fourth session on November 11 amid investors' worries about the high level of trading on margin in some securities companies.

Vietnamese shares declined slightly on November 4 as automobile distributors sold off after seeing big gains so far this year.

Vietnamese shares on October 28 continued losing for a third day, led by financial firms ahead of the US central bank's decision on interest rates.

Vietnamese shares joined those on other Asian markets on August 24 as they experienced the hardest fall since the beginning of the year, dragged down by the latest Chinese stock rout.

Vietnamese stocks fell on August 11, giving back some of previous day's gains, after a dividend payment by a confectionery company led indexes lower.