Macro economy
- Vietnam Attracts $12.7 Billion FDI in 11 Months
The General Statistics Office has reported that as of November, Vietnam attracted nearly US$12.7 billion in foreign direct investment (FDI), equivalent to 83.8 percent as against the same period last year.
- Strict Monetary Policies to Curb Inflation
Tighter controls on inflation and maintaining steady prices on essential items through the end of the year and during the upcoming holiday season were hot topics at yesterday’s regular Government meeting.
- How To Restructure Vietnam’s Economy
Real restructuring will only come when economic considerations replace political calculus as the basis for bank lending. How to achieve this change remains the fundamental problem of Vietnamese economic restructuring.
- Lending Interest Rate Unlikely to Ease Now: Former Governor Kiem
Lending interest rates cannot fall now as CPI could quicken again when consumption demand rises at the year-end, Cao Sy Kiem, the former Governor told the local newspaper Tuoi Tre (Youth).
- Vietnam Issues New Regulation On Subsidizing Post Harvest Losses for Agriculture and Aquatic Products
Prime Minister Nguyen Tan Dung has signed decisions 65/2011/QD-TTg amending and supplementing some articles of Decision No. 63/2010/QD-TTg on supportive policies to reduce postharvest losses for agricultural products and aquatic products.
- Vietnam 10-Year Bonds Gain Most Since May as Inflation Slows
Vietnam’s 10-year bonds rose the most since May, drawing funds after the nation’s inflation rate dropped below 20 percent for the first time in six months. The dong was steady.
- Vietnam Has Fastest-Growing Local Currency Bond Market
Vietnam was the fastest-growing local currency bond market in the third quarter of the year, increasing 22.2 percent year-on-year to US$17 billion, according to the latest Asia Bond Monitor report released by the Asian Development Bank (ADB).
Market News
- Vietnam HNX to Launch Yield Curve System March 2012
The Hanoi Stock Exchange (HNX), the smaller cap bourse, plans to officially launch a standard yield curve system for government bonds in March2012, the exchange said on its website.
- Vietnam Equity Partners Fund Launches in Vietnam to Fund Listed Companies
Cayman Islands based Equity Partners Fund SPC has established a new segregated portfolio which will conduct business under the name Vietnam Equity Partners Fund to make investments into Vietnam.
- Vietnam Stocks: Imexpharm, Truong Thanh, Tay Nguyen Electricity
Shares of the following companies had unusual moves in Vietnam trading. Stock symbols are in parentheses and prices are as of the close in Ho Chi Minh City.
- Dec 5: Foreigners Net Sell On Both HOSE And HNX
Foreigners extended their position of net sellers on both HOSE and HNX on Monday.
Corporate Events
· BMC – Cash Dividend 06/12/2011
· DTC – additional listing 06/12/2011
· DVP – Cash Dividend 06/12/2011
· PXM – Cash Dividend 06/12/2011
· PJT – Cash Dividend 06/12/2011
Corporate News