News

Vietnamese stocks gained for a third straight day on solid buying energy as investors expect stock market as the best investment channel admit sluggish property environment and volatile gold market.

Shares of the following companies had unusual moves in Vietnam trading. Stock symbols are in parentheses and prices are as of the close in Ho Chi Minh City.

The UPCoM-Index, the measure of 127 unlisted public companies closed up on Thursday, following the trend of the official bourses. Liquidity eased.

Keeping inflation at a single digit is one of the urgent tasks to help the country maintain a reasonable growth of around 6 per cent for the whole year.

Prusik IM founder Heather Manners has bought into Vietnam for the first time in her funds’ history in the view stocks are trading on Asian crisis-level valuations and could double from here.

The Hochiminh City Stock Exchange (HOSE) has confirmed that afternoon trading session and changes in trading time will take place from February 20, 2012 after getting approval from the State Securities Commission, broker HSC said in its daily report.

State-owned enterprises must go IPO within 3 months since their equitization proposals have been approved

Vietnamese stocks closed sharply higher as investors were bulish, sending the VN Index to the highest level in 4 months with increasing volume.

The UPCoM-Index, the measure of 127 unlisted public companies closed up on Wednesday, following the trend of the official bourses. Liquidity improved.