Singapore’s economy may suffer from negative impacts from China’s move to devalue its currency for three consecutive days on August 11, 12 and 13, experts said.
A delegation of the Taiwan Stock Exchange Corporation (TWSE) shared its corporate governance experiences with the Hanoi Stock Exchange (HNX) on August 13 and 14.
Vietnamese shares fell for a third straight day on August 13 amid fears the country's exporters could lose competitiveness because of a sharp depreciation of China's currency.
Several large companies on the HCM Stock Exchange have spent hundreds to several billions of Vietnamese dong to pay dividends since the beginning of this year.
Speculative shares played the role of hero on the national stock market on August 5, attracting attention from investors that drove both indices up to end a recent slump.
Vietnam needs to accelerate the restructuring of the stock exchange by enhancing hedging instruments and diversifying products to drive more foreign capital into the securities market.
Local shares on August 4 extended losses on both bourses as blue chips continued their recent slip. Market liquidity also took a sudden tumble, ending at two-thirds of previous day's figure.
Digiworld Corp (Digiworld), the IT product distributor, has announced that its initial public offering (IPO) will be held on August 3 at the HCM Stock Exchange with the code DGW.
Many mid-cap shares hit the ceiling on July 30 afternoon, rescuing the VN-Index from another fall, but liquidity continued to slide as buying power in blue chips weakened.
Strong declines among blue chips on July 29 afternoon erased morning gains and dragged down the benchmark VN-Index by 1.07 percent to close the session at 624.70 points.
Prime Minister Nguyen Tan Dung urged Vietnam’s stock market to become
more transparent and effective in line with market economy principles
during a ceremony to celebrate the 15th anniversary of the HCM City
Stock Exchange (HOSE) on July 25.