Vietnamplus

Malaysia's financial system and equity market have continued to function in a sound and orderly manner without any disruption to financial intermediation, according to Malaysian Finance Minister Zafrul Abdul Aziz.

Retail investors have been pulling money out of the stock market so far this year, but will return soon, according to analysts.

Shares inched lower on September 16 as rising selling pressure in the afternoon session weighed on the market’s sentiment.

An Binh Commercial Joint Stock Bank won for ‘Trade Deal of the Year’ given to banks for outstanding achievements in trade finance at the Asian Development Bank Trade and Supply Chain Finance Programme Awards held in Singapore last week.

Delisting shares on the stock market is a tool for market regulators to create a transparent investment environment, and filter and remove poor quality stocks that cause market manipulation, strengthening investors' confidence in the stock market.

Ordinary citizens face higher risk in the current stock market environment, said the Ministry of Finance in a recent report released after a number of recent high-profile corporate scandals.

To meet investors’ demand for odd-lot trading on the stock market, in recent years, the Ho Chi Minh Stock Exchange (HoSE) has coordinated with FPT Information System to upgrade and test the market with odd-lot trading functions, according to the exchange.

Construction of nearly 1,500 apartments for low-income people at two social housing projects has started in Ho Chi Minh City.

After declining in the first two quarters, the VN-Index showed signs of recovery in the first half of the third quarter.

The capital scale of securities companies has grown robustly in the past two years. In the context of the current sharp decline in market liquidity, this resource is somewhat redundant, and the race to attract customers is heating up.

The Ministry of Public Security on August 25 launched criminal proceedings against Trinh Van Quyet, former Chairman of the FLC Group Joint Stock Company, and three others on a charge of fraudulent appropriation of property, following their earlier arrests for alleged stock market manipulation.

The positive trading value and volume by foreign investors over the past month have helped to maintain the recovery of the domestic stock market.

JERA Inc., a power generation company of Japan, has signed a deal to buy a 35.1% stake at Vietnam’s Gia Lai Electricity Joint Stock Company (GEC) to tap the Southeast Asian nation's growing demand for electricity and further its own decarbonisation efforts, Nikkei Asia reported.

Indonesia is no longer importing rice for consumption due to an abundant supply of rice, according to the country’s Ministry of Agriculture.

Foreign investors net purchased 14.8 million stocks, worth some 80 billion VND (3,42 million USD) during the week from August 8 – 12, showing that the Vietnamese securities market remained attractive to them.

Minister of Finance Ho Duc Phoc has responded in writing to a NA delegate of Lam Dong province on issues related to the management of capital, stock and bond markets.

The number of newly-opened securities accounts dropped sharply in July to the lowest in about two years as stock market liquidity hit a monthly low.

Vietnam’s GDP growth is forecast to expand 7.5% in 2022 and 6.7% in 2023, with resilient manufacturing and a robust rebound in the service industry as the driving forces for economic recovery.

Vietnam’s GDP growth is forecast to expand 7.5% in 2022 and 6.7% in 2023, with resilient manufacturing and a robust rebound in services serving as the driving forces for economic recovery.

The Vietnamese economy is likely to grow 10% year on year in the third quarter of this year, driven by strong domestic consumption, according to Michael Kokalari, chief economist at VinaCapital, one of the country’s leading investment management and real estate development companies.