News

The State Bank of Vietnam (SBV) is seeking opinions for a draft circular which stipulates that commercial banks must set aside risk provisions for their deposits at other credit institutions or branches of foreign banks, except for demand deposits.

Foreigners were net sellers on both HOSE and HNX on Thursday thanks to selling rally in Sacombank (STB) shares . Level of participation eased.

The UPCoM-Index, the measure of 130 unlisted public companies closed down on Thursday, following official bourses. Liquidity slightly improved.

Vietnamese stocks closed the day with a steep loss as profit taking pressure rose, liquidity soared to new high.

Vietnam is estimated to have run $224 million trade surplus in the Q1/2012, the General Department of Vietnam Customs said.

Vietnamese stocks ended the morning session in the green as buyers were still willing to bet higher on hope of sustainable rally, liquidity up and the Index stayed at the 11 months high.

Shares of the following companies had unusual moves in Vietnam trading. Stock symbols are in parentheses and prices are as of the 11:30 a.m. break in Ho Chi Minh City.

The UPCoM-Index, the measure of 130 unlisted public companies bucked trend of the official bourses to close up on Wednesday. Liquidity slightly improved.

Foreigners changed to be net sellers on HOSE thanks to selling rally in Sacombank (STB) shares and continued their position of net buyers on HNX on Wednesday. Level of participation soared.