Stock market considered strongest investment channel

During the first two months this year, especially from the beginning of March, stock market has been considered the strongest investment channel amongst investment channels. Gold is a traditional investment channel with highest liquidity and suitable to every investors. But, it depends on the world gold price and the dong/US dollar forex rate. Currently, the [...]

HNX to rebuild general development strategy in 2010

Hanoi Stock Exchange (HNX) will focus on rebuilding general development strategy on products, information technology, information, corporate administration and operation model in 2010 to ensure a stable development in the development strategy of Vietnam’s stock market. Being developed from Hanoi Stock Trading Centre (HaSTC), HNX has officially started operation since March 8, 2005. After five [...]

PetroVietnam Insurance arm targets 330bln dong profit in 2010

PetroVietnam Insurance Joint Stock Corp (coded PVI)’director board on February 26 approved 2009 business results and business target in 2010. According to the approved resolution, in 2010, PVI targets to earn nearly 4.03 trillion dong premium (or 113 percent of 2009′s figure) and 330.07 billion dong of pre tax profit (or 150 percent of 2009′s [...]

Hoa Binh securities broker reports 43bln dong profit

Hoa Binh Securities Joint Stock Co (HBS) has recently reported business results in 2009 with 83 billion dong of revenue, up 260.8 percent against 2008′s figure. Notably, the company’s net profit from securities sector was 51.569 billion dong, increasing 929.1 percent against the previous year’s figure. HBS’s after tax profit was 43 billion dong with [...]

VIP targets to reach profit after tax of 70b dong in 2010

Vietnam Petroleum Transport Joint Stock Co (Vipco – coded VIP) has lately announced to concentrate on port services and real estates in 2010, stated Nguyen Dao Thinh, Vipco’s chair of management board in the meeting with investors held by International Royal Securities Co in March 10, 2010. At present, Vipco has carried out large real [...]

VIG invests in Hanoi ICT Tower project

Vietnam Commerce and Industry Securities JSC (VICS coded VIG) officially owned 30 percent of investment capital of Hanoi ICT Tower project at Land Lot E9, opposite National Conference Centre, Pham Hung St, Hanoi. The project covering 3,871 sqm has total estimated cost of 600 billion dong. The work will be started in Q3 of 2010 [...]

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  • India gold prices declined by Rs 643 from the record levels
  • Gold prices fall 1 percent, silver was down 0.5 percent at $41.40 an ounce
  • Gold futures fall from record-level, Silver down on profit booking
  • Gold price heads to $2,000 on rush to safety
  • Silver prices declined to Rs 63,301 per kg in the futures trade today
  • Gold traders buy as prices fall over 2 per cent
  • Gold price in Vietnam sank to below VND47.6 million a tael on September 7
  • India gold prices declined by Rs 643 to Rs 27,326 per 10 grams

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