News

Shares tumbled on Tuesday on the two national stock exchanges, dragged down by underperforming large caps, especially Vingroup and its subsidiaries.

The banking sector pledged to meet the capital demand for production and business, especially in five prioritised sectors, Deputy Governor of the State Bank of Viet Nam Dao Minh Tu said at a conference connecting enterprises and banks in Ha Noi on Tuesday.

The State Bank of Viet Nam (SBV) has asked for the control over real estate loans by credit institutions to be enhanced, especially in areas showing signs of land price fever.

Stocks in the Asia were mixed in Wednesday morning trade, ahead of the release of key economic data from China.

The Dow Jones Industrial Average rose on Tuesday as the corporate earnings season kicked into full gear, while also getting a boost from Boeing shares.

The pan-European STOXX 600 index closed provisionally almost 0.4% higher, with most major bourses and sectors in positive territory.

Gold steadied around a 4-month trough on Wednesday, after falling nearly 1 percent in the previous session due to a surge in global equities, while a stronger dollar piled pressure on the metal.

Oil prices rose on Tuesday, as fighting in Libya and falling Venezuelan and Iranian exports raised concerns over tightening global supply, but uncertainty surrounding an OPEC-led production cut limited gains.

U.S. government debt prices fell on Tuesday as solid corporate earnings results lifted investor risk sentiment.