Vietnamplus

As many stocks have plunged below their real value, foreign funds are combing Vietnamese shares, raising fears that Vietnamese companies will be acquired by 'shark' investors.

Dozens of companies are racing to buy back shares to stabilise prices amid the COVID-19 outbreak.

The Indonesia Stock Exchange (IDX) has announced a new trading policy to prevent stocks from falling more than 10 percent after the Jakarta Composite Index (JCI) crashed to a three-year low on March 9.

To stabilise investor sentiment after the Lunar New Year holiday, the Ministry of Finance has directed the State Securities Commission to closely monitor the market and crack down on the use of negative information about the coronavirus epidemic to manipulate stock prices.

Vietnam's tra fish (pangasius) industry has seen a plummet in stock prices due to falling tra fish prices and volatile export markets.

Stock prices of many local start-up companies are valued extremely high, far above prices of large-cap shares on the two national stock exchanges.

On February 21 Vinh Hoan Fisheries Joint Stock Company became the third listed company to offer 100 percent of its ownership to foreign investors after Government Decree 60/2015/ND-CP took effect.

The higher the communication reputation of banks, the higher their stock prices, the Vietnam Report Joint Stock Company said.