News

Interest rates are expected to experience a sharp fall in the first half of 2010, which would give way to a potential stock market rebound from Q4, 2011 to early next year, revealed a report from the HCM City Securities J.S.C.

Non-production loans of Hanoi-based banks were estimated at VND99.950Tln in Jan-Jun, making up 18.68% of total outstanding loans compared to the non-production loan target of below 22% total loans.

FPT Securities JSC has been ranked the sixth of top ten brokerages in the Hochiminh Stock Exchange (HOSE) with the market share of 3.61%. It also reached a brokerage market share of 3.9% on the northern bourse during the second quarter of 2011.

Vietnam’s stock markets have entered July with news of gross domestic product (GDP) growth of 5.67 per cent year-on-year in the second quarter (Q2) compared to 5.43 per cent in the first quarter (Q1).

These are some of the leading stories in the official Vietnamese press on Thursday. Reuters has not verified these stories and does not vouch for their accuracy.

Foreigners changed to net buy on both two bourses today, focusing on blue chips.

The UPCoM-Index, the measure of 120 unlisted public companies, closed down today after two gaining sessions while liquidity fell to very low level.

Vietnam Securities Depositary granted 15,293 stock trading accounts for foreigners in the first six months of the year, the VSD said.

Listed companies have spent a total of VND15 trillion to pay dividend in the first half of this year, the local newswire CafeF.vn reported.