Archive for December, 2016

FLC Chair buys 10 million ROS shares

29-Dec-2016 Intellasia | VNS | 6:00 AM

Billionaire Trinh Van Quyet, chair of FLC Group, bought 10 million shares of the FLC Faros Construction Corporation, which has been listed as ROS. Quyet has sent a document [...]
» More

VN Index has opportunity to rise in 2017

29-Dec-2016 Intellasia | Vneconomy | 6:00 AM

The Bloomberg stated that the stock market of Vietnam for the first time has become expensive than other countries in the South East Asia over the past two years, and may be [...]
» More

Cautious investor sentiment sends stocks down

29-Dec-2016 Intellasia | The Saigon Times | 6:00 AM

Many stock traders kept a wary eye on the equity market on December 26, which was the reason behind the VN Index’s fall of 0.29 percent at 662.45 points. Dau tu Chung [...]
» More

VN Index stages slight recovery

29-Dec-2016 Intellasia | VNS | 6:00 AM

The benchmark VN Index on the HCM Stock Exchange bounced back 0.2 per cent to close at 663.86 points after sliding on Monday. Market trading liquidity increased from [...]
» More

VNM pushes up HSX indexes

29-Dec-2016 Intellasia | VNS | 6:00 AM

Indonesian Anti-Dumping Committee (KADI) has initiated an anti-dumping investigation of relevant colour-coated steel sheet imports from China and Viet Nam. This was revealed [...]
» More

Future IPOs should avoid Vinamilk mistakes, official says

29-Dec-2016 Intellasia | VNS | 6:00 AM

Systemic problems in auctioning shares of State-owned enterprise (SOE) Vinamilk recently should serve as a lesson for upcoming equitising transactions, a finance ministry [...]
» More

Nearly 70 million more shares listed on UpCoM

29-Dec-2016 Intellasia | VNS | 6:00 AM

Unlisted Public Company Market (UPCoM) welcomed the listing of nearly 70 million shares of five companies on Monday, with share value registered for trading equal to VND693.4 [...]
» More

Vietnam’s foreign exchange reserves reach a peak at $40b in 2016

29-Dec-2016 Intellasia | Vneconomy | 6:00 AM

On December 28, the general Statistical Office (GSO) will hold a press conference announcing important figures of 2016. However, at this time, the basic figures may have been [...]
» More

Vietnam sentences 18 bank officials up to 30 years in prison

29-Dec-2016 Intellasia | Xinhua | 6:00 AM

The high court of Hanoi on Tuesday sentenced 18 former officials of the state-owned Vietnam Bank for Agriculture and Rural Development (Agribank) to four to 30 years in [...]
» More

Questions about banks’ profit results

29-Dec-2016 Intellasia | Giao Thong | 6:00 AM

The financial reports in the third quarter of 2016 announced by banks showed that the banking sector is slowly getting prosperous. In addition to the big names such as [...]
» More

Banks delay listing shares

29-Dec-2016 Intellasia | Zing.vn | 6:00 AM

Two years after the shares of Commercial Joint Stock Bank for Investment and Development of Vietnam (BIDV) were listed, the stock market has so far not welcomed any new [...]
» More

Reference exchange rate goes up 4 VND

29-Dec-2016 Intellasia | VNA | 6:00 AM

The State Bank of Vietnam adjusted the reference VND/USD exchange rate at 21,156 VND per USD on December 28, up 4 VND from the day earlier. With the current/- 3 percent [...]
» More

Banks expand networks to attract more customers

29-Dec-2016 Intellasia | VNA | 6:00 AM

Along with promotion programmes, banks have been expanding their networks in an aim to reach their annual targets. In recent months, more bank transaction offices and [...]
» More

Will ‘zero dong’ banks turn into 100pct foreign owned banks?

29-Dec-2016 Intellasia | Vietnamnet | 6:00 AM

The Capital Market Working Group has suggested lifting the foreign ownership ratio limit in banks in which the state is a big shareholder, and in privately run joint stock [...]
» More

Interest rates under new pressures

29-Dec-2016 Intellasia | Vneconomy | 6:00 AM

Many economists and bank leaders are having common thought that interest rates are likely to increase in the near future, due to several reasons. Liquidity becomes less [...]
» More