Posts Tagged ‘ VN-Index ’

Vietnam growth holds near 6 pct as higher rates counter exports 

January 3, 2012
Vietnam growth holds near 6 pct as higher rates counter exports 

A street vendor walks past a Chanel SA store inside the Rex Hotel in downtown Ho Chi Minh City, Vietnam, on Tuesday, Dec. 27, 2011. Vietnam’s growth held near 6 percent this quarter, reducing the pressure for further monetary tightening after higher interest rates limited the boost to the economy from exports and domestic consumption. [...]

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Vietnam inflation accelerates to 22.16 pct, highest level in Asia 

July 25, 2011
Vietnam inflation accelerates to 22.16 pct, highest level in Asia 

Food, transport and construction-material prices have stoked consumer-price growth in Vietnam. Vietnamese inflation accelerated for an 11th month in July after the central bank cut a key interest rate even as the nation faces the fastest price gains in Asia. Consumer prices rose 22.16 percent from a year earlier, compared with June’s 20.82 percent pace, [...]

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Vietnam says monthly trade deficit is $200 million in July 

July 22, 2011
Vietnam says monthly trade deficit is $200 million in July 

  Vietnam recorded a trade deficit of $200 million or less for the second straight month, after the government devalued the nation’s currency in February by the most since at least 1993 to help reduce the gap. The trade deficit was $200 million in July, up from a revised shortfall of $160 million in June, [...]

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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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Vietnam stocks drop most since 2009 on rising inflation concern 

February 21, 2011

  Vietnam’s stocks tumbled the most since November 2009 after the government said it will raise electricity prices by a record 15.3 percent, spurring concern the government will step up measures to curb inflation. The Ho Chi Minh City Stock Exchange’s VN Index slumped 4 percent, the most among Asian benchmark gauges today, to 483.68 [...]

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Vietnam to boost liquidity by easing trading rules

January 1, 2010
Vietnam to boost liquidity by easing trading rules

Vietnam plans to boost stocks liquidity by loosening restrictions on the sale of equities next month, said Vu Bang, chairman of the State Securities Commission. The regulator will reduce by one day the minimum period in which buyers have to hold onto shares before selling them, the regulator said in an interview in Hanoi wednesday. [...]

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Bear market eases but credit worries remain

December 21, 2009
Bear market eases but credit worries remain

Investors monitor trades at offices of Saigon Securities Inc. The VN-Index closed at 443.34 points on Friday, a net loss on the week of just 0.82 per cent. LookAtVietnam – The sell-off by margin traders that has sent the HCM City Stock Exchange plummeting in recent weeks eased last week, carrying the VN-Index to a [...]

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Vietnam stocks set for rebound in January: technical analysis

December 17, 2009
Vietnam stocks set for rebound in January: technical analysis

Vietnam’s benchmark index, the world’s worst performer this month after falling 15 percent, may recoup its losses in January after reaching its support level, according to Kim Eng Securities Vietnam Joint-Stock Co. The VN Index has formed a so-called head-and-shoulders pattern since June, which ended at the 430 to 450 range and created a support [...]

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Foreign investment funds now also ‘surfing’

December 10, 2009
Foreign investment funds now also ‘surfing’

LookAtVietnam – Foreign investment funds, generally considered to be long term investors, have been observed making ‘surfing investments’ in Vietnam’s stock market A lot of investment funds have been set up over the last two yearsThough on average, trading by foreign investors on Vietnam’s stock market just accounts for just seven percent of the market’s [...]

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Vietnam stock market less attractive than neighbours’

November 17, 2009
Vietnam stock market less attractive than neighbours’

LookAtVietnam – HSBC still says Vietnam’s stock market is less attractive than other regional markets. HSBC highlighted that after reaching a peak of 600 points in late October 2009, the VN Index had decreased by eight percent by November 9. The VN Index has lost more points than other Asian markets from the beginning of the [...]

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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...