Shares narrow gains on short-term risk Business

Shares narrow gains on short-term risk

The VN-Index tapered its gains to 0.2 percent to close March 27 trade at 723.5 points on investor fears of a downward correction after the benchmark index reached a fresh ten-year high.
Singapore’s Keppel Land acquires majority stake in Saigon Centre Business

Singapore’s Keppel Land acquires majority stake in Saigon Centre

Singapore-based Keppel Land, through its subsidiary Krystal Investment Pte Ltd, has spent almost 846 billion VND (37.1 million USD) to acquire an additional 16 percent stake in Keppel Land WATCO I to V, the joint venture entities to develop the mixed-use Saigon Centre complex in HCM City.
Shares advance on investor optimism Business

Shares advance on investor optimism

Shares rose for a second day on October 19 on the two exchanges as investors were optimistic about the market outlook and earnings prospects of listed companies.
SSI to expand into derivatives Business

SSI to expand into derivatives

Shareholders of Saigon Securities Inc on April 25 approved the company’s expansion into derivatives trading, which has yet to begin in Vietnam, however.
Vietcombank aims to boost charter capital Business

Vietcombank aims to boost charter capital

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) expects to increase its charter capital this year to become more competitive and prepare for Basel II implementation.