News

Bad debts in Vietnam's banking sector rose to 3.1% of the total outstanding loans as of August, 2011. High credit growth rate and poor credit quality are being blamed for the soar in bad debts.

Foreigners continued to be net sellers of Vietnamese shares on HOSE but turned to net buy shares on smaller cap bourse HNX.

Vietnamese stocks fell today on rate hike, posting loss for the whole week, the fourth straight one.

The UPCoM-Index, the measure of 127 unlisted public companies, slid on Friday to settle at one-month low.

Vietnam is estimated to have a surplus of $5 billion in balance of payment (BoP) in the first seven months of 2011, enabling the central bank to stabilize the exchange rate and to keep USD interest rates stable until year end.

Vietnam is estimated to have a surplus of $5 billion in balance of payment (BoP) in the first seven months of 2011, enabling the central bank to stabilize the exchange rate and to keep USD interest rates stable until year end.

Foreigners continued to be net sellers of Vietnamese shares on both two official bourses and their selling level nearly doubled as market rally was a good exit for sellers.

The UPCoM-Index, the measure of 127 unlisted public companies, inched up on Thursday from one-month low as investors picked up beaten down shares after recent losses.

Vietnamese stocks closed up first time in 7 days as investors hunted bargain after the benchmark hit 5 weeks low yesterday.