News

FDI dropped by half year on year to less than $4.4Bln in H1/2011, according to the Foreign Investment Agency under MPI.

The UPCoM-Index, the measure of 120 unlisted public companies, closed down today and liquidity was still at a very low level on caution.

Vietnam has privatized 3,948 state-own companies as of May 25, 2011, the Ministry of Finance data showed.

Vietnam’s stocks kicked off the new week deep in the negative ground on risk aversion as recent food price hike in the North raised concerns over not-yet-to-improve inflation, a crucial signal for any change in current tightening policy.

Foreigners snapped their net selling string with a slight bullish action today when they net bought on both two bourses.

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

Proprietary desks net sold VNd268 billion worth of Vietnamese shares in 10 trading days from June 27 to July 8, HOSE data showed.

Few foreign investors are buying stakes in Vietnamese enterprises’ at high prices amid the local stock market falls.

The UPCoM-Index, the measure of 120 unlisted public companies, closed up today but liquidity was still at a very low level despite some improvement seen.