Caution pulls down blue chips Business

Caution pulls down blue chips

Shares dropped further in the two local exchanges on April 24 as investors remained cautious about market conditions, pulling blue chips down.
Lack of information to keep stocks quiet Business

Lack of information to keep stocks quiet

Vietnam’s stock market outlook will likely remain negative this week as a lack of supporting business information and potential global risks drive investor confidence down, according to analysts.
Petrolimex reports 172 percent rise in profits Business

Petrolimex reports 172 percent rise in profits

Despite a loss in revenue, the Vietnam National Petroleum Group reported after-tax profits of 1.125 trillion VND (50.8 million USD) in the second quarter, an rise of 172 percent from a year earlier.

Firms falter in plans to issue shares

Listed companies on the two national stock exchanges have completed only 48 percent of additional share issues targeted for this year, although 81 percent of planned stock splits have been carried out, according to a report from Saigon Securities Inc (SSI).

Profit-takers depress VN-Index

Heavy profit-taking helped weigh down shares on the HCM Stock Exchange on July 7, sending the VN-Index to a one-month low of 496.91 points – a decline of 0.78 percent from the previous day's close.

Banks meet capital requirements

Three commercial banks – Orient Commercial Bank, Western Bank, and Navibank – have announced plans to comply with higher charter capital requirements by the end of the year in order to list shares on one of the nation's two stock exchanges.