Business

Index pokes nose above 500

Blue chip shares rallied on Aug. 13 on the HCM Stock Exchange, lifting the VN-Index over the psychlogically significant 500-mark, as trading volume hit a two-month high.
Business

Property popular as Index nears 500

Almost all shares in the construction and real estate development sectors hit their ceiling prices on the HCM Stock Exchange on August 12, lifting the VN-Index to within striking distance of the psychologically-important 500-mark, but acclerated profitaking put the brakes on the upward trend.
Business

Stocks stand pat as Hanoi suffers glitch

An increase in buys at the very end of August 6’s session on the Ho Chi Minh Stock Exchange enabled the VN-Index to stave off pressure from profit-takers earlier in the day, allowing the Index to close almost unchanged at 481.44, a gain of just 0.03 percent.
Business

Global confidence encourages investors

Positive movements on global markets helped lift the confidence of domestic investors on August 4 and helped the VN-Index to a close of 476.59, a gain of 1.85 percent.
Business

Markets tread water as volumes fall

The advance of the VN-Index was slowed on August 3 on more moderate trading, with the first trading day of August up only 0.25 percent to 467.93.
Business

Credit worries depress shares

Stocks experienced their third straight day of declines on the HCM Stock Exchange on July 30, as the VN-Index slid another 1.34 percent to end the day at 451.91.
Business

Bank equitisation delayed yet again

The Bank for Investment and Development of Vietnam will not undergo equitisation this year as previously scheduled, pursuant to a new directive issued by the Government Office.
Business

Stock fall continues as volumes plunge

Shares continued to lose value on the Ho Chi Minh City Stock Exchange on July 29 as trading volumes also fell, pushing the VN-Index down 1.07 percent to close at 458.04.
Business

City rally buoys VN-Index

Buys accelerated the Ho Chi Minh City Stock Exchange on July 27, extending the current rally and pushing the VN-Index up another 15 points to close at 469.71, an increase of 3.3 percent.
Decree sets stricter standards for banks Business

Decree sets stricter standards for banks

A new Government regulation will require all commercial banks to formulate and apply policies and procedures for 11 key operational areas, including credit and risk management.
Two bourses see boom before weekend Business

Two bourses see boom before weekend

The securities market continues booming as indexes for the country’s two bourses surged high in this week’s final trading session on July 24 with demand exceeding supply.
Business

Korean retailer finds local partner

The Republic of Korea’s clothing retailer E-Land Group has become the foreign strategic partner of Vietnam’s Thanh Cong Textile & Garment Joint Stock Co (TCG), after acquiring a 30 percent stake in the company, Thanh Cong announced.