Vietnamese stocks resumed trading after National Day holiday with a mixed note on negative impacts of weaknesses in global markets after weak job data from the US triggering fear of recession. The benchmark VN Index edged up 0.44 point, or 0.1%, to end at 435.73, the highest since June 23, 2011. Volume jumped 5.4% to [...]
Sep 6 2011 | Posted in
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A draft decree which introduces certain strict requirements and conditions for share acquisitions may raise concerns to foreign investors who are interested in buying shares in credit institutions in Vietnam,write Dang Duong Anh & Nguyen Vu Quynh Lam The State Bank of Vietnam has recently proposed the third draft decree on foreign investors acquiring shares [...]
Sep 6 2011 | Posted in
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Indices closed up on both national stock exchanges while trading values and volumes improved. Worries about the US economy continue to drag on markets worldwide, with US President Barack Obama scheduled to announce a new jobs package this week even as US consumer confidence fell in August to 44.5, its lowest level since April 2009. [...]
Sep 5 2011 | Posted in
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The economy is getting out of the woods and there is likely a chance of recovery for the stock market if it can attract new foreign cash flows, a financial official said. A group of major institutional investors led by JP Morgan is expected to come this month, looking for opportunities in the local market, [...]
Sep 5 2011 | Posted in
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Offices for lease and commercial and retail centers are usually leased out by property project developers, but the real estate market is seeing more project owners selling these spaces, wholly or partially, to their partners. Property consultant firm Knight Frank Vietnam said it had just signed a cooperation contract with Inveskia Co., a joint venture [...]
Sep 5 2011 | Posted in
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Vietnamese stocks extended gaining string for a fifth day in a row as investors continued to pay premium to equities on hope that the market is recovering. The benchmark VN Index rose 5.45 points or 1.29% to 424.71. Volume jumped 5.3% to 47.7 million shares worth VND784.33 billion including 7.1 million shares worth VND117.44 billion [...]
Sep 1 2011 | Posted in
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