News

Vietnam foreign exchange reserve is estimated to be equal to 7.5 weeks of import, up from 3.5 weeks at the beginning of 2011.

Vietnam economy is expected to growth 6% this year, said the Prime Minister Nguyen Tan Dung at the National Assembly meeting held in Hanoi today Oct 20 where he focused on presenting 2011 economic review, plans for 2012 and strategy for 2011-15.

Vietnamese stocks continued to close mixed today as heavy-weighs rebounded on the HOSE lifting the benchmark to the positive ground but investors sold pennies at a discount on the smaller cap bourses.

The UPCoM-Index, the measure of 127 unlisted public companies, closed up today following the primary bourse HOSE.

Foreigners rebounded net buying Vietnamese shares on the primary bourse HOSE and net selling on HNX bourse.

Vietnam's Business Confidence Index (BCI) recovered strongly in the third quarter (Q3) this year to reach 123 points, 35 points over Q2, after declining in the previous three consecutive quarters.

Can Don Hydro Power (SJD.VN), Vietnam's 6th largest energy company by market capitalisation, traded at its 52-day low of VND9,100.0. The stock fell for a second day on Monday bringing its two-day fall to VND1,500.0 or 13.5%.

Vietnamese stocks closed mixed as investors continued to sell blue chips on the HOSE while some bargain hunting emerged in the small cap bourse HNX.

Foreigners continued net selling Vietnamese shares on the primary bourse HOSE but turned tail to slightly net buy on smaller cap bourse HXN.