News

A new worry has been raised that the capital flow to the stock market would be blocked when the watchdog agency releases a new circular on the organization and operation of securities companies.

Vietnamese stocks kicked off the week with a strong gain today as investors rushed to jump in shares on hope of strong recovery after 8 days of losing streak and posted a gain of 13.7 points or 3% to 448.02.

Foreigners extended their position of net sellers on the primary bourse HOSE for the sixth consecutive day and net buyers on HNX bourse for the fourth straight day today. Level of participation continued falling.

The UPCoM-Index, the measure of 130 unlisted public companies closed up following official bourses on Monday.Liquidity improved but still in low level.

Vietnam’s gross domestic product (GDP) growth is forecast at 5.9% and inflation around 10% this year, Fitch Ratings said in its recent press release, the local news provider Gafin.vn reported.

Vietnamese stocks ended the week with a big losses, extending the weekly fall to the biggest level year-to-date as investors offloaded shares to minimize risks fearing the correction will last long.

Foreigners extended their position of net sellers on the primary bourse HOSE for the fifth consecutive day and net buyers on HNX bourse for the third straight day today. Level of participation fell.

The UPCoM-Index, the measure of 130 unlisted public companies bucked trend of the official bourses to close up for the third consecutive day on Friday. Liquidity improved but still in low level.

Vietnam is estimated to have disbursed a total of $34 billion official development assistance (ODA) by end of 2011, Bui Quang Vinh , Minister of Planning and Investment (MoPI) said.