Posts Tagged ‘ Stock Market ’

Don’t be too hopeful, stock investors told 

December 5, 2011
Don’t be too hopeful, stock investors told 

  Slowing inflation and talk of financial reforms have not boosted market sentiment as expected, and analysts are predicting the worst will not be over any time soon. Phan Dung Khanh, research manager at Kim Eng Vietnam Securities Co., said the stock market may move sideways or only recover slightly next year. Macroeconomic measures taken [...]

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Vietnam Airlines to sell shares to public: gov’t 

November 19, 2011
Vietnam Airlines to sell shares to public: gov’t 

  The Vietnamese government said it has allowed national carrier Vietnam Airlines to equitize, but said the state will retain more than half of shares in the firm. Deputy Prime Minister Vu Van Ninh told the Transport Ministry in a directive signed on Tuesday to draft a detailed plan for the airline’s equitization for government [...]

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Banks should not provide capital for stock market: central bank 

August 15, 2011
Banks should not provide capital for stock market: central bank 

A photo from news website VnExpress showing a stock investor reacting to a decline in stock prices It’s wrong for the stock market to depend on short-term funds from banks and measures will be taken to help it attract capital on its own, State Bank of Vietnam Governor Nguyen Van Binh said. The banking sector [...]

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Ease credit to save stock market, experts urge 

August 5, 2011
Ease credit to save stock market, experts urge 

Investors at the Hanoi Stock Exchange. Vietnam’s stock market is in crisis and investor confidence remains low, experts say. Following complaints that tightened credit has indiscriminately hurt the real estate sector, calls are being made for a policy stimulus for the stock market. State Securities Commission Vice Chairwoman Vu Thi Kim Lien said the stock [...]

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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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Stock market 101: speculators are NOT investors 

July 2, 2011

  Re: “Some good news, finally” (Thanh Nien Weekly Issue No.90 June 17-24) Circular 74, which will allow day trading and shares on margin, is not good news, as your headline loudly proclaims. It portends a disaster that will result from adopting the worst elements of casino capitalism. It also smacks of a failure to [...]

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SaigonTel gives up on stock exchange 

May 3, 2011
SaigonTel gives up on stock exchange 

Local companies and investors may not be patient enough to stick with the market to overcome its current difficulties, a government advisor says Telecommunications firm SaigonTel plans to terminate its listing on the Ho Chi Minh Stock Exchange in what it says is a move to restructure its business in a gloomy market. “The stock [...]

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Tax breaks could provide stock investors some cheer 

April 24, 2011
Tax breaks could provide stock investors some cheer 

  A plan to cut the 5 percent tax rate on dividends will boost investor sentiment amid volatile stock market conditions, experts say. In a meeting with business representatives in Ho Chi Minh City early this month, Deputy Finance Minister Do Hoang Anh Tuan announced that the ministry would propose to the National Assembly a [...]

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Seize illegal profits, ban stock fraudsters: experts 

April 9, 2011
Seize illegal profits, ban stock fraudsters: experts 

An investor watches market movements at a securities firm in Ho Chi Minh City. Investors have called for tougher measures to deal with share price manipulators. Investors and experts have applauded the State Securities Commission’s recent decision to impose the highest possible fine on three market manipulators. However, even the maximum fine is no deterrent [...]

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Down in the dumps 

April 3, 2011
Down in the dumps 

Investors follow market movements at a securities firm in Ho Chi Minh City Depressed investor sentiment, hit by tightened credit and negative macroeconomic news, has sent the stock market plunging toward the bottom, experts say. “The stock market is now in the bottom region though it hasn’t quite hit the bottom yet,” Pham Linh, general [...]

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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...