Vietnamese securities are very cheap and quite attractive, Peter Cohan wrote in his article “Why you should invest in Vietnam” posted recently on Forbes magazine. In his Singapore visit in June, he met a rich experienced fund manager who gave an interesting idea that investing in Indonesia—the market was very attractive through years—now is “outdated” [...]
Jan 22 2012 | Posted in
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Apart from restructuring the national economy, the MoF should take drastic and synchronized measures to restructure the securities sector into a thriving business centre in 2012. State Securities Commission (SSC) must belong to the Ministry of Finance Some people consider it in proper to see the SSC placed under the Ministry of Finance. Minister of [...]
Jan 21 2012 | Posted in
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The sharp falls of the stock prices have made businesses understand the complexity of the finance market and prompted them to sell stocks to restructure their investment portfolios. Several years ago, when the stock price kept rising and brought fat profits to investors, investing in stocks became “in fashion”. Businesses rushed to pour their money [...]
Jan 21 2012 | Posted in
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Vietnamese stocks ended with a mixed note today as investors sold shares on the primary bourse to book profit ahead of 10 day long Lunar New Year holiday, while buying interest persisted on the smaller cap bourse. The benchmark VN Index gave up 0.43 point, or 0.11% to end at 373. Volume rose28.5% to 29.6 [...]
Jan 21 2012 | Posted in
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Vietnam stocks on Thursday rallied, sending up VN-Index to a five-week high and HNX-Index to a three-week high as investors continued combing shares on optimism that the uptrend would march on. The buy-side placed orders at high prices across the board although the market would close for a week from next Monday to welcome the [...]
Jan 20 2012 | Posted in
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Vietnamese stocks continued to gain as investors picked up shares on value attraction, however, liquidity fell ahead of Lunar New Year holiday. The benchmark VN Index gained 3.8 points, or 1.06% to end at 362.66. Volume fell 23.7% to 18.1 million shares worth VND346.9 billion, including 3.8 million shares worth of VND62.6 billion changed hands [...]
Jan 19 2012 | Posted in
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State Capital Investment Corporation (SCIC) generated a revenue of of VND254 billion in 2011, meeting 45% of the year target and fall 30% from 2010, the Dau Tu Chung Khoan reported, citing SCIC’s data. By the end of 2011, SCIC successfully sold its shares in 85 companies (of which it sold all stake in 78 [...]
Jan 19 2012 | Posted in
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Under the restructuring scheme on the local stock market, Vietnam will have only one stock exchange, which is expected to be established in the second quarter of 2012, Minister of Finance Vuong Dinh Hue said on January 13. According to Hue, the restructuring scheme on the Vietnamese stock market has already been passed by the [...]
Jan 18 2012 | Posted in
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Stocks on Hochiminh Stock Exchange Tuesday closed higher for a seventh day in a row as heavyweight stocks kept rising momentums, while HNX retreated from two-week high on profit-taking. Liquidity drained ahead of the weeklong Lunar New Year holidays because investors tended to reserve cash and Sacombank (STB) transactions decreased. Closing the trading session today, [...]
Jan 18 2012 | Posted in
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It may not be feasible for Vietnamese listed companies to issue shares under par value, said Nguyen Thi Phuong Chi, FPT Securities Co’s deputy head of corporate finance consulting division. If a small company wishes to raise more capital, it can issue additional shares below a face value of 10,000 dong (US$0.47). However, this may [...]
Jan 18 2012 | Posted in
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