During the first days of May, the stock market saw the fifth securities company being revoked depository member license namely CIMB-Vinashin Securities Co. Notably, CIMB-Vinashin Co’s current difficulties have mainly been caused by the big receivable accounts from businesses under the Vinashin family while Vietnam National Shipbuilding Industry Group (Vinashin) is still under the restructuring [...]

Certainly, high dividend will make shareholders glad, but in reality, it must be compared to the market price and the payment purpose to evaluate the attractiveness. “High” dividend In April 2013, Ha Giang Mineral and Mechanics Joint Stock Company (HGM) caused “hot” atmosphere on market when it paid dividend in 2012 at an excessively high [...]

The VN Index on May 21 surprisingly surpassed the psychological barrier of 500 points as investors saw increasingly active trading on both national stock markets. On the Ho Chi Minh Stock Exchange, the VN Index maintained the uptrend towards the end of the afternoon, finishing the day’s session at 500.18 points, up 1.61 percent compared [...]

Vietnamese stocks rose across the board today, VN Index passed 500 threshold, liquidity rose sharply. The benchmark VN Index added 7.91 points or 1.61 percent to 500.18. Volume rose 82.3 percent to 88.74 million shares worth of VND1.47 trillion. Put through trading contributed 9.88 million shares worth of VND171.2 billion. Of note, we saw 6.94 [...]

Foreigners were net buyers of Vietnamese shares on both the Hochiminh Stock Exchange and on the Hanoi Stock Exchange today, level of participation rose. These players net bought VND38.93billion worth of shares on STC after buying 11.99 million shares for VND227.6 billion and selling 11.15 million units for VND188.67 billion, accounting for 15.47 percent buying [...]

The UPCoM-Index, the measure of 135 unlisted public companies ended higher today. The index rose 0.17 point or 0.41 percent to 42.06. The market volume was 716,382 shares worth of VND5.35 billion. Market breadth was positive with 15 gainers, 8 losers, 7 unmoved and the rest untraded. PTT was the biggest gainer climbing 9.09 percent [...]

Vietnam Prosperity Bank Securities Company (VPBS) has had a quick report on HAG share after Hoang Anh Gia Lai (HAG) was accused of grabbing land and illegally exploiting wood in Laos and Cambodia by Global Witness- a nongovernment organisation. In this report, VPBS recommends to buy HAG share. According to VPBS, this accusation does not [...]

Power Engineering Consulting Joint Stock Co No.4 (TV4) has announced the information about the share issuance to pay dividend of 2012. Accordingly, TV4 expects to issue 1,815,261 shares with total value of 18.15 billion dong par value to pay dividend of 2012 at a rate of 20 percent. Capital is the after-tax profit of 2012. [...]

As effects of the VND30 trillion housing loan subsidy package faded out last week, securities firms expect the local market to move in a narrow range with low liquidity this week, with investors expected to reduce trading to wait for more positive news. The market last week traded in thin range given a lack of [...]

Shares climbed towards the end of yesterday’s session on the two national stock exchanges amid investor optimism over positive outcomes from the government report at the National Assembly meeting which opened that morning in Hanoi. “Investors expected to hear new boosting measures to accelerate the recovery of the economy which was dragged by huge inventories, [...]

Vietnamese stocks rose across the board today, VN Index passed 490 threshold, HAG saw 1.07 million shares traded at floor prices in the put-through deals. The benchmark VN Index added 4.67 points or 0.96 percent to 492.27. Volume fell 2.76 percent to 48.67 million shares worth of VND854.4 billion. Put through trading contributed 2.26 million [...]

Foreigners were net buyers of Vietnamese shares on both the Hochiminh Stock Exchange and on the Hanoi Stock Exchange today, level of participation eased. These players net bought VND45.24 billion worth of shares on STC after buying 4.99 million shares for VND121.11 billion and selling 4.08 million units for VND75.87 billion, accounting for 14.17 percent [...]

The UPCoM-Index, the measure of 135 unlisted public companies higher today. The index rose 0.04 point or 0.1 percent to 41.89. The market volume was 514,321 shares worth of VND3.01 billion. Market breadth was negative with 16 gainers, 8 losers, 3 unmoved and the rest untraded. PTT was the biggest gainer climbing 10 percent to [...]

Total cash and cash equivalent of 95 securities companies which have released their financial reports in Q1/2013 were VND20.257 trillion, up VND135 billion. The amount does not include deposits under the form of “short-term financial investments”. VPBank Securities (VPBS) saw their cash and cash equivalent rise VND660 billion in Q1/2013 to VND1.6 trillion from previous [...]

HUDLAND Real Estate Development and Investment Joint Stock Co (coded HLD) has recently organised its annual general meeting (AGM) 2013 whereby the company’s shareholders agreed to double chartered capital to 200 billion dong from the current 100 billion dong via paying bonus shares at 1:1 ratio. HLD also targets to bring 450 billion dong in [...]

No loans at banks, short term debts at lower than equity and dividend rate at 120 percent or cash accounting for nearly 80 percent of total assets are impressive figures of the group of enterprises that have shares priced above 100,000 dong each. On both bourses, Hochiminh Stock Exchange (STC) and Hanoi Stock Exchange (HNX), [...]

Shares fell into the red during the May 17 session on both national stock exchanges. However, according to securities specialist Quach Manh Hao, things will look brighter next month as the Vietnamese stock market will generate opportunities driven by investor psychology and cash pouring into bargain-priced shares. “June is the time when a number of [...]

Vietnamese stocks fell today as traders took profit, PPC, REE continued to outperform. The benchmark VN Index lost 2.74 points or 0.56 percent to 487.6. Volume rose 0.5 percent to 50.05 million shares worth of VND849.5 billion. Put through trading contributed 6.93 million shares worth of VND150.8 billion. Market breadth was negative with 88 gainers, [...]

Foreigners were net buyers of Vietnamese shares on both the Hochiminh Stock Exchange and on the Hanoi Stock Exchange today, level of participation stayed high. These players net bought VND55.32 billion worth of shares on STC after buying 8.7 million shares for VND233.16 billion and selling 7.43 million units for VND177.84 billion, accounting for 27.45 [...]

The UPCoM-Index, the measure of 135 unlisted public companies lowered today. The index lost 0.07 point or 0.17 percent to 41.85. The market volume was 363,557 shares worth of VND2.06 billion. Market breadth was negative with 11 gainers, 12 losers, 7 unmoved and the rest untraded. H11 was the biggest gainer climbing 37.84 percent to [...]

Hochiminh Stock Exchange (STC) has recently decided to cancel the share listing of Ben Tre Forestry and Aqua product Import-Export JSC (Faquimex-FBT) due to the company’s accumulated loss as of December 31, 2012 at 291.41 billion dong, exceeding its actually contributed chartered capital of 150 billion dong as per the audited fiscal statement last year. [...]

Fiscal statements announced by securities companies in the first quarter of 2013 showed that the deposit balance of investors as of the end of Q1/2013 increased from the beginning of the year. However, there is a paradox that liquidity on the stock market sharply decreased. According to financial reports in the first quarter 2013 of [...]

Vietnamese stocks rose today after traders had more time to digest the impact of the credit package of VND30 trillion for property buyers and enterprises which was officially approved yesterday. The benchmark VN Index rose 4.37 points or 0.9 percent to 490.34. Volume rose 32.67 percent to 49.8 million shares worth of VND899.7 billion. Put [...]

Foreigners were net buyers of Vietnamese shares on both the Hochiminh Stock Exchange and on the Hanoi Stock Exchange today. These players net bought VND49.24 billion worth of shares on STC after buying 7.39 million shares for VND192.23 billion and selling 6.96 million units for VND142.99 billion, accounting for 21.37 percent buying and 15.89 percent [...]

The UPCoM-Index, the measure of 135 unlisted public companies ended higher today. The index rose 0.09 point or 0.22 percent to 41.92. The market volume was 717,468 shares worth of VND2.86 billion. Market breadth was positive with 9 gainers, 11 losers, 8 unmoved and the rest untraded. PSL was the biggest gainer climbing 9.9 percent [...]

MSCI’s Reports on April 30, 2013 showed that GAS has been in the list of top 9 constituents of MSCI Vietnam Index and top 10 of MSCI Vietnam IMI. The MSCI Vietnam Investable Market Index (IMI) is designed to measure the performance of the large, mid and small cap segments of the Vietnam market. With [...]

MSCI Inc., announced today the results of the May 2013 Semi-Annual Index Review for the MSCI Equity Indices. MSCI Inc., a leading provider of investment decision support tools worldwide, including indices, portfolio risk and performance analytics and corporate governance services, announced today the results of the May 2013 Semi-Annual Index Review for the MSCI Equity [...]

Fecon Mining Joint Stock Company on Wednesday floated 26.8 million shares on the Hochiminh Stock Exchange (STC) at the reference price of VND24,000 each. Ha The Long, chair of Fecon Mining, said that listing on STC will help the enterprise mobilise capital to expand its business to mining, supplying of pre-stressed concrete piles, sand and [...]

While the stock market in general reacted positively on May 15 to a new 30 trillion VND (1.4 billion USD) real estate support package, shares of companies in the sector saw little change. The package was designed to go to social housing and low-cost projects, not listed property developers. As a consequence, shares of PetroVietnam [...]

More than a million Kinh Bac City Development Corp (KBC) shares were exchanged every day for over a week, bringing investors hope of a positive business result in the first quarter. However, the company’s first-quarter earnings report, released on Tuesday, revealed that the corporation incurred a combined net loss of nearly VND55.2 billion (US$2.6 million), [...]

The State Securities Commission (SSC), Vietnam’s stock market watchdog, said after getting advices from related legal agency, it decided to propose the Ministry of Finance to seek government’s approval for corporate to issue shares under par value The State Securities Commission (SSC), Vietnam’s stock market watchdog, said after getting advices from related legal agency, it [...]

Statistics from the State Securities Commission (SSC) showed that as of the beginning of 2013, the total number of investors’ transaction accounts on the stock market reached 1.262 million and the figure continued to increase in the first four months of this year but the trading value on the stock market saw contrary movements. Vietnam [...]

Vietnamese stocks fell today and high-beta stocks fell the most, Hoang Anh Gia Lai Corporation (HAG) hit hard on impact of Global Witness’ report. The benchmark VN Index lost 5.08 points or 1.04 percent to 483.85. Volume rose 2.3 percent to 46.53 million shares worth of VND772.3 billion. Put through trading contributed 2.8 million shares [...]

Foreigners were net sellers of Vietnamese shares on the Hochiminh Stock Exchange but kept buying on Hanoi Stock Exchange today, level of participation fell. These players net sold VND2.61 billion worth of shares on STC after buying 3.39 million shares for VND88.31 billion and selling 3.83 million units for VND90.92 billion, accounting for 11.44 percent [...]

The UPCoM-Index, the measure of 135 unlisted public companies ended lower today. The index lost 0.03 point or 0.07 percent to 41.66. The market volume was 131,872 shares worth of VND0.82 billion. Market breadth was flat with 9 gainers, 9 losers, 8 unmoved and the rest untraded. V11 was the biggest gainer climbing 12.5 percent [...]

The Hanoi Stock Exchange has released new membership regulation which replaces Decision No 323/QD-SGDHN dated June 4, 2010. The new regulation stipulates that its member securities companies which end membership voluntarily can only reregister after 2 years of delist and those who are forced to stop membership can only come back after 5 years. So [...]

Due to feeble stock market, bank shares have not been king shares yet, and even capital outputs of commercial banks are also stuck, some banks still planned to increase chartered capital in 2013. And the challenge for banks is how to use their capital effectively. Recently, Vietnam Prosperity Joint – Stock Commercial Bank (VPBank) had [...]

The local stock market may repeat sideways movements this week as the interest rate cuts announced last week were already priced in and failed to buoy investor sentiment. Viet Dragon Securities Company said the HCM City and Hanoi stock exchanges actually got no macroeconomic news last week. News of the establishment of the Vietnam asset [...]

On the HCM City Stock Exchange yesterday, the VN Index added nearly 0.6 per cent to reach 488.93 points. The VN30, tracking the southern city’s 30 leading shares by capitalisation and liquidity, also rose 0.47 per cent to 554.38 points. Among blue chips, insurer Bao Viet Holdings (BVH) saw the highest growth of 5 per [...]

Vietnamese stocks rose slightly today supported by the news on interest rate support for property buyers and earnings reports. The benchmark VN Index rose 2.83 points or 0.58 percent to 488.93. Volume fell 47 percent to 45.1 million shares worth of VND1.054 trillion. Put through trading contributed 11.43 million shares worth of VND517.34 billion. We [...]

Foreigners were heavy net buyers of Vietnamese shares on the Hochiminh Stock Exchange and on the Hanoi Stock Exchange today, level of participation surged. These players net bought VND469.84 billion worth of shares on STC after buying 10.5 million shares for VND513.58 billion and selling 2.37 million units for VND43.75 billion, accounting for 48.73 percent [...]

The UPCoM-Index, the measure of 135 unlisted public companies ended lower today. The index lost 0.02 point or 0.05 percent to 41.69. The market volume was 197,791 shares worth of VND0.5 billion. Market breadth was positive with 12 gainers, 4 losers, 4 unmoved and the rest untraded. VSP was the biggest gainer climbing 10 percent [...]

The banks are in a race to reduce the interest rate. It also has certain effects on the securities market. Trinh Xuan Son, market strategy director of the MB Securities Company said that the reduction of interest rate is always positive for the stock market. After Vietcombank, BIDV and Vietinbank also reduced mobilisation interest rate. [...]

In general meetings of shareholders, many Vietnam textile enterprises announced high dividend rates of 20-25 percent. While many shareholders of construction materials enterprises are disappointed in reduced business results, shareholders of textile enterprises cannot conceal their happiness when receiving a dividend rate much higher than bank interest rates. The year 2012 ended with revenues of [...]

Strong speculative trading helped lift shares on both national stock exchanges last week while heavy negotiations trading on bank shares on the HCM City exchange attracted investor curiosity. On the southern bourse, the benchmark VN Index gained a cumulative 2.29 per cent during the week, closing Friday’s session at 486.10 points, while the VN30 tracking [...]

The benchmark VN Index lost 0.12 point or 0.02 percent to 486.1. Volume fell 15.5 percent to 85.57 million shares worth of VND1.596 trillion. Put through trading contributed 45.68 million shares worth of VND944.19 billion We saw 25 million STB shares changed hands at red price of VND20,900 each, 17.66 million EIB shares changed hands [...]

Foreigners were net buyers of Vietnamese shares on both the Hochiminh Stock Exchange and on the Hanoi Stock Exchange today. These players net bought VND41.04 billion worth of shares on STC after buying 3.42 million shares for VND79.7 billion and selling 1.33 million units for VND48.66 billion, accounting for 4.99 percent buying and 3.05 percent [...]

The UPCoM-Index, the measure of 135 unlisted public companies ended lower today. The index lost 0.01 point or 0.02 percent to 41.71. The market volume was 172,951 shares worth of VND1.18 billion. Market breadth was positive with 14 gainers, 8 losers, 11 unmoved and the rest untraded. HIG was the biggest gainer climbing 9.6 percent [...]

Shrimp processor and exporter Minh Phu (MPC), Vietnam’s biggest shrimp company, plans to delist its shares in order to charge higher prices for them. “Listing is meant to raise funds, but for us it’s like being caged,” Minh Phu chair Le Van Quang told the Saigon Economic Times. The shrimp industry’s troubles began in 2011, [...]

One month after the first trading session (April 3, 2013) of certificates of open-ended fund, Military Bank’s Bond Fund (MBBF), MB Capital Fund Management Co said some there have been more Japanese investors contributing capital, raising the fund’s scale to over 56 billion dong. Currently, foreign investors own 41 percent stake in MBBF. According to [...]