Vietnam Stock Market News
Dana - Italy Steel JSC applies for listing shares on northern bourse
Hanoi Stock Exchange (HNX) announced to receive application profile for listing 15 million shares of Dana - Italy Steel Joint Stock Co on March 19, 2010. The company with chartered capital of 150 billion dong has its head office located in Thanh Vinh Industrial Zone, Lien Chieu Dist, Da Nang
HNX approves for PetroVietnam Power Land JSC to list 50m shares
Hanoi Stock Exchange (HNX) issued document No 194/TB-SGDCKHN on March 18, 2010 approving in principle for PetroVietnam Power Land Joint Stock Co to list 50 million shares on the northern bourse. The company has chartered capital of 500 billion dong, in which domestic corporate shareholders owned 59.76 percent and individual
Despite positive signs recently, the stock market is facing pressures from share supply because a series of companies are planning to offer more shares to the public. At a seminar "considering the stock market in 2010" held by Bao Viet Securities Joint Stock Co (BVSC) in Hanoi recently, Pham Thanh
Bao Viet securities broker targets 175b dong pre tax profit in 2010
Bao Viet Securities Joint Stock Co (BVSC) has recently announced this years business plan with 300.7 billion dong of revenue and 175 billion dong of pre tax profit.
Vietnam stock market bounces back
After two falling sessions in a row, the market bounced back on Thursday although liquidity on the bourse continued to fall. The VN-Index gained 8.88 points, or 1.74% from the session earlier to end at 519.73. On the Hochiminh Stock Exchange, bids rose a slight 9.1% to 100 million shares
Sao Vang Rubber Joint Stock Co asks approval to allocate bonus shares
Sao Vang Rubber Joint Stock Co (STC listed SRC) will organise the shareholder meeting on March 23 to seek approval to allocate 2009 dividend in shares at a ratio 2:1 to raise its chartered capital from 108 billion dong to 162 billion dong, announced the general director Nguyen Cong An.
Vietnam stock market makes little gain on cautious sentiment
Despite opening the session with positive signs, strong selling pressure towards the end of the day due to investor caution made the VN-Index close the session just 0.35 point higher to 531.86.
VN-Index dropping 15.78 points
The stock market on Tuesday took a nosedive as earlier expected due to strong profit taking pressure, with the VN-Index dropping 15.78 points, or 2.96%, from the session earlier to 516.08. The loss in one session on Tuesday erased all the gains made last week. Investors bid for 96.8 million
Losing streak extends as profit taking continues
The losing streak on the stock market extended into the third consecutive session on Wednesday with the VN-Index shedding 5.23 points, or 1.01%, to close at 510.85 as investors continued to lock in profits. Trade also tumbled on the day.
Vietnam reserves slump by 35 percent
Vietnams foreign-currency reserves declined about 35 percent to around US$15 billion by the end of last year, according to VinaSecurities Joint-Stock Co., the brokerage unit of the countrys biggest fund manager, The holdings have dropped from $23 billion at the end of 2008, the securities firm said in a report
Popular Vietnam Business News
Deposit Interest Rate Rises to 10.2 Per Cent
Although the prime rate set by the State Bank of Vietnam (SBV) was kept unchanged at 7 per cent per annum in July, many banks still revised the borrowing rate.
. After a standstill period due to bad impacts of the global economic slow down, more and more foreign companies have come to Vietnam to seek investment and business opportunities.
Leading B2B websites in Vietnam
. More than 100,000 Vietnamese firms have to date joined www.alibaba.com, one of the global leaders in business-to-business (B2B) e-commerce Websites, said China’s Alibaba Group. .About 4,000 Vietnamese small- and medium-sized
Vietnam airline market takes off
Economic recovery is set to spark demand, competition and reasonable fares on Vietnam�s air travel market, industry insiders say. Vo Huy Cuong, head of the Civil Aviation Administration of Vietnam�s
Workers quit factories for more cushy jobs, labor shortage ensues
After the Tet holidays, Tran Thi Phuong from northern Nam Dinh Province did not return to the Hanoi-based garment firm where she had worked for several years. The 28-year-old woman
Vietnam warned of inflation and trade deficit
The trade deficit is likely to prompt a further fall of the Vietnamese dong this year while food, housing and transport costs are leading inflation higher, according to a Standard
Uy Nam Construction Investment Joint Stock Co (Unicons) EPS at 16,644 dong/share in 2009
Uy Nam Construction Investment Joint Stock Co (Unicons) has recently reported audited fiscal report in 2009 with 663.01 billion dong in revenue from sales and service provision, up 24.16 percent
Vietnams export levels bear little impact from European debt crisis
According to trade experts under the Ministry of Industry and Trade, the impact of the debts crisis in Europe is not all that significant because the Vietnamese dong is still
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