Posts Tagged ‘ Securities companies ’

Stock market still waiting for good news 

July 24, 2011
Stock market still waiting for good news 

The Vietnamese stock market is undergoing a prolonged slump When the Ministry of Finance issued a new circular to ease stock trading restrictions on June 1, investors and experts welcomed it, saying it would improve liquidity and market transparency. But with Circular 74 to take effect soon, on August 1, securities companies worry that the [...]

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Head-hunters target securities brokers

January 21, 2010
Head-hunters target securities brokers

VietNamNet Bridge – Many securities companies are head-hunting to improve their competitiveness and weaken their rivals.   Who’s hunting? After a two or three month probation period, working with no pay, a novice securities officer would receive 3-4 million dong monthly salary. Meanwhile, the incomes of head officers are ten times higher. According to Dau Tu Chung [...]

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Securities companies report satisfactory profits for 2009

January 15, 2010
Securities companies report satisfactory profits for 2009

VietNamNet Bridge – Despite the economic downturn 2009 turned out to be a satisfactory year for securities companies. Kim Long Securities Company (KLS), which now has shares listed on the Hanoi Stock Exchange, was the first company announcing business results for 2009. KLS’ turnover was 434.8 billion dong meaning a post tax profit of 352 [...]

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Banks saying ‘no’ to securities loans

November 24, 2009
Banks saying ‘no’ to securities loans

LookAtVietnam – Though commercial banks still have room to provide loans to fund securities investments, they are increasingly indifferent. Commercial banks lost interest in securities loans after the State Bank of Vietnam (SBV) released a decision stipulating banks must apply the ceiling interest rate scheme in funding securities loans. This meant banks could only lend [...]

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Ha Noi exchange booms

November 19, 2009
Ha Noi exchange booms

Ha Noi Stock Exchange has achieved a twenty-fold increase in market capitalisation in five years, with the value rising from VND1.5 trillion to VND30.5 trillion. Now 92 securities companies were connected online, cutting out representatives in the exchange, with remote trading accounting for nearly 80 per cent of trading activities.The result were announced by the [...]

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Banks and securities companies hurry to the altar

November 3, 2009
Banks and securities companies hurry to the altar

VietNamNet Bridge – Vietnam’s securities companies, with thousands of investor clients, are being avidly courted by commercial banks. Investors make transactions at Dong Duong Securities CompanySecurities companies happy to be wooed According to the chairman of a securities company, it used to be the case that securities companies gave priority to strategic partners who paid the highest [...]

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Securities companies offering fee reduction to lure clients

October 14, 2009
Securities companies offering fee reduction to lure clients

VietNamNet Bridge – Eximbank’s shareholders have received letters from securities companies inviting them to deposit shares. An Binh Bank’s Securities Company (ABS), for example, has offered the transaction fee reduction of 0.15-0.2 percent to clients who deposit shares at the company. Besides, clients have also been promised ‘valuable gifts’. SJC Securities Company has also announced ‘special [...]

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Jobs uptick evident in financial services sector

September 28, 2009
Jobs uptick evident in financial services sector

LookAtVietnam – Anticipating economic recovery, businesses are planning to recruit more workers. Salesman, bank and securities officers are in demand. Le Thi Thuy Loan, director of a recruitment firm, Loan Le, said that the number of clients who ask for workers in the service sector has increased twenty percent in September.  The company gets more [...]

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Bouyant market gives helping hand to securities companies’ capital increase plans

September 25, 2009
Bouyant market gives helping hand to securities companies’ capital increase plans

LookAtVietnam – Securities companies plan to increase chartered capital as the stock market shows steady recovery. Plans by securities companies to increase their chartered capital have been widely reported in Vietnamese media. Thang Long Securities Company is raising its capital to 650 billion dong, Kim Long has announced the company’s decision to increase capital to [...]

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Stock market recovery reviving securities firms

September 25, 2009
Stock market recovery reviving securities firms

VietNamNet Bridge – Securities company advisors no longer sit idle. The corporate clients are back. Securities companies have gotten more work these past three months, reports the financial paper Dau tu Chung khoan (Investment and Finance). The stock market has woken up after a long period of hibernation but even so, the competition has also [...]

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Feature

Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...