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, [...]
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 [...]
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 [...]
With the State Securities Commission set to introduce margin trading in securities tomorrow, it has fixed both the initial margin trading rate and maintenance margin at 60 percent. This means brokerages will lend up to 60 percent of the value of securities while investors will have to front up 40 percent and ensure the margin [...]
Since the stock prices keep decreasing, the huge assets of stock billionaires have eroded. Multi-billions of dong vanished into the air In the list of the 10 richest stock billionaires in 2010 includes familiar names such as Doan Nguyen Duc, Chair of the Hoang Anh-Gia Lai Group, who is holding the volume of HAG shares [...]
The Hochiminh Stock Exchange (HOSE) and the Hanoi Stock Exchange (HNX) announce to pause trading on Vietnam’s National Day, Friday September 2. Transactions will be resumed from Monday September 5, the bourses announce on their websites.
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