News

Although the market suffered another bleak week with low liquidity last week, securities firms expected last Friday’s rebound would continue, citing positive signs of the economy.

Stock market authorities will suspend member securities firms plagued with financial problems or violations of regulations on report submissions, transactions or payments, said Vu Bang, chairman of the State Securities Commission (SSC).

Foreigners turned to be net buyers on both HOSE and HNX today. Level of participation slightly increased.

Vietnam is forecast to receive $9 billion in overseas remittances this year, a World Bank report said, rising from more than $8 billion in 2010.

Most investors know all about the headline-grabbing BRIC countries – Brazil, Russia, India and China. But there's a tendency to overlook the investment possibilities in smaller emerging nations. One such emerging market is Vietnam.

The General Statistics Office has reported that as of November, Vietnam attracted nearly US$12.7 billion in foreign direct investment (FDI), equivalent to 83.8 percent as against the same period last year.

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.

Vietnamese stocks kicked off the new week with a surge as local investors jump-started to buy shares on hopes of a recovery, liquidity rose steeply, however, foreigners continued to net sell into the rally.

The Hanoi Stock Exchange (HNX), the smaller cap bourse, plans to officially launch a standard yield curve system for government bonds in March2012, the exchange said on its website.