News

Vietnamese stocks ended the losing streak with a first gain in 2012, liquidity soared thanks to STB heavy put-through deals and blue chip support.

Vietnam's stock market slumped by more than 7 per cent during Dec, which resulted in a decline of the net asset value (NAV) of local funds listed outside Vietnam with an average loss of 5.13 percent, according to the Vietnam Fund Rating Report in Dec

VietinBank Securities estimated to have made a profit of VND82 billion in 2011, ranking in the top 5 best performance securities firms in the year, local online newspaper Dau Tu Chung Khoan (Securities Investment) quoted VietinBankSc’s CEO as saying

Prime Minister Nguyen Tan Dung requested the Ministry of Indusy and Trade (MoIT) to take more effective administrative measures to curb the trade deficit below 10% of the country’s export revenues in 2012.

Sai Gon Securities Inc. (SSI) continued to top brokers on the Hochiminh Stock Exchange (HoSE) in the fourth quarter of this year with 12.25% market share.

Foreigners continued to be net sellers on the primary HOSE and extended their position of net buyers on the HNX on Friday. Level of participation slightly increased.

Ho Chi Minh City Securities Corporation (HCM) moved one notch up to be Vietnam’s biggest stock broker on the Hanoi Stock Exchange (HNX) after providing 7.29% brokerage services on the bourse.

The Hochiminh Stock Exchange has issued principles of building and managing VN30 index with the following characteristics after the VNIndex was believed to be distorted by heavy-weighs.

Listed companies are allowed to issue shares lower than par value under current regulation, the local newspaper Dau Tu Chung Khoan (Securities Investment) quoted an unnamed leader of Stock Issuance Department of the State Securities Commission (SSC).