Macro Economy
- Vietnam Central Bank to Consider Lowering Interest Rate after Q1/2012: SBV Governor
At the end of the first quarter, when economic conditions become more stable, the State Bank of Vietnam (SBV) will consider trimming down interest rates.
- Deposit Rate Cap Not to Be Removed Till June/2012: SBV Governor
The State Bank of Vietnam (SBV) will keep the deposit interest rate cap at least until the end of June/2012, the local online newspaper VnEconomy.vn quoted Nguyen Van Binh, Governor of the SBV, as saying at a press meeting on Jan 11.
- Vietnam to Auction VND25Tln Bonds in Q1/2012
The State Treasury of Vietnam will open auctions for VND25 trillion worth of government bonds and notes at the Hanoi Stock Exchange (HNX) in the first quarter of 2012, up VND10 trillion from Q4/2011, the bourse said.
- Vietnam Dong May Weaken By At Most 3% In 2012: SBV Governor
The domestic currency, the dong, could lose at maximum 3% of its value against the dollar, the local online newspaper Thanh Nien quoted Governor of the State Bank of Vietnam (SBV), Nguyen Van Binh, as saying at a press meeting on Jan 11.
- M&A Activity Continues Rising In Domestic Realty Market
Since its slide into difficulties four years ago, the local property market has remained challenging for developers as secondary investors have left the market while homebuyers are holding a wait-and-see attitude.
Market News
- Vietnam’s Equity Mover Column: Vietcombank, Sacombank
Shares of the following companies had unusual moves in Vietnam trading. Stock symbols are in parentheses and prices are as of the close today.
- Jan 12: Foreigners Extends Net Buying on Both HOSE and HNX
Foreigners continued to be net buyers on both HOSE and HNX on Thursday. Level of participation increased.
Corporate Events
· TRC – Cash Dividend 13/01/2012
· TAG – Cash Dividend 13/01/2012
· VFG – Annual General Meeting 13/01/2012
Corporate News