Vietnam Stock News

Home » Stock News ⇒ You are viewing 1 - 15 of 4105 Stock News

Adverstiments

Brokerages set for tighter debt ratios

HA NOI — Capital inflows into the stock market are likely to decline substantially if a draft circular being prepared to replace Ministry of Finance Decision No 27/2007/QD-BTC is approved. The draft regulation on the organisation and operation of securities companies will limit these companies from carrying a debt load in excess of three...

Posted date: Sat, 19 May 2012 - From: Stock News

TVS says error in transaction wasn't costly

HA NOI — Thien Viet Securities Co (TVS) did not incur any financial losses resulting from the purchase of over 6.4 million shares in HCM City Infrastructure and Investment (CII), TVS General Director Tran Quoc Tuan has said. In a letter sent to its shareholders on Thursday, Tuan said in the first half of this year, TVS successfully consulted...

Posted date: Sat, 19 May 2012 - From: Stock News

SE Asia Stocks-Philippines, Vietnam lead weekly losses

Southeast Asian stock markets extended their losses on Friday, with Philippine shares sliding almost 3 percent, as escalating problems in Europe made investors head for the exits. The Philippine index a suffered 5.4 percent loss for the week, its worst weekly loss since September and the second-worst performer in the region, following...

Posted date: Fri, 18 May 2012 - From: Stock News

Leading gas firm set to debut on bourse next week

PetroVietnam Gas Corporation (PV Gas) will begin trading nearly 1.9 billion shares on the Hochiminh Stock Exchange (HOSE) next Monday under the code of GAS, making it the second largest firm on this bourse after Vietcombank. According to a statement released on Thursday, the firm’s listing on HOSE will help it raise funds from local and...

Posted date: Fri, 18 May 2012 - From: Stock News

Moody’s Lowers Vietnam ACB Ratings

Moody’s Investors Service cut standalone financial strength rating of Asia Commercial Bank (ACB) from D- to E+ and downgraded the lender’s local currency long-term credit and issuer ratings to B1 from Ba3. Meanwhile, the ratings agency maintained ACB’s foreign currency long-term deposit rating at B1; yet with negative outlook. ACB...

Posted date: Fri, 18 May 2012 - From: Stock News

Moody’s Reviews Vietnam SHB for Downgrade

Moody’s Investors Service said it placed Saigon-Hanoi Joint Stock Commercial Bank (SHB) in review for possible downgrade after the lender announced its merger with Hanoi Building Commercial Joint Stock Bank (HBB) on May 5. The ratings agency said in a statement on May 11 that it was reviewing SHB’s B2 deposit and issuer ratings as well as...

Posted date: Fri, 18 May 2012 - From: Stock News

Vietnam Stocks Post Biggest Weekly Loss YTD on Massive Sell-offs

Vietnamese stocks ended the week with a big losses, extending the weekly fall to the biggest level year-to-date as investors offloaded shares to minimize risks fearing the correction will last long. The benchmark VN Index fell for a eight day in a row, losing 7.63 points or 1.72% to 434.95. Volume declined to 80.4 million shares worth of...

Posted date: Fri, 18 May 2012 - From: Stock News

Market ignores positive signals

HA NOI — Trades were sluggish during the morning session yesterday on the HCM City Stock Exchange, and the VN-Index tumbled by 1.63 per cent to close at the end of afternoon trading at 442.58 points. The value of trades dropped 11.5 per cent from Wednesday's level to VND1.15 trillion (US$54.7 million), while volume also fell by 10.2 per cent...

Posted date: Fri, 18 May 2012 - From: Stock News

Shares extend correction

HA NOI – National stocks continued to lose ground this morning, while securities analysts kept on telling investors that the declines were a technical correction, as the market had increased for four months and there were no new changes in the economy. On the HCM City Stock Exchange, the VN-Index retreated 1.4 per cent to close this morning's...

Posted date: Fri, 18 May 2012 - From: Stock News

Vietinbank to sell 20% to partner

HA NOI — The Bank for Industry and Trade of Viet Nam (Vietinbank) plans to sell 20 per cent of its shares to a strategic partner in the third or fourth quarter of this year, said Pham Huy Hung, the bank's chairman, at an analysts' meeting yesterday in Ha Noi. Hung said: "The bank's shares are now below their real value and priced reasonably...

Posted date: Thu, 17 May 2012 - From: Stock News

HCM City shares break losing streak

HA NOI — The VN-Index continued to lose value yesterday, closing the afternoon session down 1.26 per cent from the previous day to 449.91 points. The value of trades declined 16 per cent to over VND1.3 trillion (US$62.6 million), while volume totalled about 86.5 million shares. Blue chips led the decline, with 21 of the top 30 shares on the...

Posted date: Thu, 17 May 2012 - From: Stock News

Shares down after posting gains

HA NOI - Shares were sluggishly traded during this morning's session despite early gains. On the HCM City Stock Exchange, the VN-Index slid 0.16 per cent to 449.19 points. Gainers, however, outnumbered losers by 124-103. The value of trades dropped 25.6 per cent over yesterday morning's level, reaching VND650.8 billion (US$31 million)....

Posted date: Thu, 17 May 2012 - From: Stock News

Local firms asked to register for tax extension

With the Government’s newly-issued Resolution 13 in force, small and medium-sized enterprises (SMEs) and labor-intensive firms should register for a six-month extension of value added tax (VAT) payments for April, May and June, according to the HCMC Tax Department. After registering with tax authorities, they will not sit on the list of...

Posted date: Thu, 17 May 2012 - From: Stock News

Blue chips fall drives VN-Index down

HA NOI – The VN-Index continued to lose value this morning, ending the first half of today's session down 1.19 per cent at 450.21 points, led by blue chips. Over half the top 30 shares by market capitalisation and liquidity on the HCM City Stock Exchange declined. Insurer Bao Viet Holdings (BVH) and HCM City Infrastructure Investment (CII)...

Posted date: Wed, 16 May 2012 - From: Stock News

Blue chips send shares tumbling

HA NOI — Profit-taking continued during yesterday's session, with shares ending in the red at lower trading value. On the HCM City Stock Exchange, the VN-Index shed 3 per cent, finishing at 455.65 points. Market value decreased by 20 per cent compared to Monday's level, totalling nearly VND1.6 trillion (US$76.1 million) on a volume of...

Posted date: Wed, 16 May 2012 - From: Stock News