Archive for January 4th, 2019

Stock market briefs

04-Jan-2019 Intellasia | The Saigon Times | 6:00 AM

Phuc Hung Holdings Construction Company (PHC) started trading 20.8 million shares on the Hochiminh Stock Exchange today, with the reference price set at VND16,300, equivalent [...]
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Shares disappoint as new year begins

04-Jan-2019 Intellasia | VNS | 6:00 AM

Shares failed to maintain their rally from the morning session as selling pressure increased towards the end of the session while buying demand remained weak. The VN Index on [...]
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Investors flock to sell SAB shares

04-Jan-2019 Intellasia | The Saigon Times | 6:00 AM

Investors heavily sold shares of beverage enterprise SAB today, January 2, following an announcement by the HCM City Tax Department that the firm must pay VND3.14 trillion in [...]
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Textiles firm race to list on the market

04-Jan-2019 Intellasia | VNS | 6:00 AM

Many textile and garment enterprises have improved operations to prepare themselves for the list on the stock market. Song Hong Garment JSC debuted on the Ho Chi Minh Stock [...]
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Vietnam equity market to thrive in 2019

04-Jan-2019 Intellasia | VNS | 6:00 AM

Analysts and securities firms are hoping Vietnamese shares will perform better in 2019, but there are still many challenges that will clearly weigh on market sentiment. The [...]
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12th Asian Financial Forum Opens in Mid-January

04-Jan-2019 Intellasia | 03-JAN-2019 ACN Newswire | HKTDC | 6:00 AM

Focus on &aposCreating a Sustainable and Inclusive Future&apos HONG KONG, Jan 3, 2019 – (ACN Newswire) – Organised by the Government of the Hong Kong [...]
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Blockpass Joins Elite With Open Identity Exchange

04-Jan-2019 Intellasia | 03-JAN-2019 ACN Newswire | Blockpass IDN | 6:00 AM

HONG KONG, Jan 3, 2019 – (ACN Newswire) – The Open Identity Exchange (OIX) today announced that Blockpass IDN Limited has joined the ranks of its membership. OIX [...]
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The rise of Fintechs shapes the trend of securities services

04-Jan-2019 Intellasia | Dau tu Chung khoan | 6:00 AM

The Revolution 4.0 is changing the global financial market. The new foundation is gradually replacing using modern materials. In Vietnam, new technology trends have been [...]
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What awaits banks in 2019?

04-Jan-2019 Intellasia | Tri Thuc Tre | 6:00 AM

It can be seen that the overall picture of banks’ business activities in 2018 saw many bright spots when many banks attained record high profits and income from their [...]
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Reference exchange rate rises on January 3

04-Jan-2019 Intellasia | VNA | 6:00 AM

The State Bank of Vietnam raised the daily reference exchange rate on January 3 by 3 VND to 22,828 VND/USD. With the current trading band of +/- 3 percent, the ceiling rate [...]
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Banks race for survival in 2019

04-Jan-2019 Intellasia | Bao Dau tu | 6:00 AM

No longer as calm as in 2018, a “cold battle” is expected to take place in 2019, where banks have to race to increase their capital for survival, if they do not [...]
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Bank versus the digital economy

04-Jan-2019 Intellasia | Dien dan Doanh nghiep | 6:00 AM

“Hot steam” of the digital economy is heating the financial market, especially retail banking with the highest temperature. One of the heat waves that banks have [...]
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Trade remedy investigations into Vietnamese exports on the rise

04-Jan-2019 Intellasia | The Saigon Times | 6:00 AM

The competent agencies have repeatedly warned local enterprises of the impacts of investigations into the evasion of trade remedies, as Vietnamese exports are being subject [...]
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Vietnam earns big trade surplus with Canada

04-Jan-2019 Intellasia | The Saigon Times | 6:00 AM

The bilateral trade between Vietnam and Canada totalled an estimated C$6.4 billion, or $4.6 billion, in 2018, up 4.2 percent against 2017, of which Vietnam enjoyed a trade [...]
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CPTPP provides driver of institutional reform

04-Jan-2019 Intellasia | VNA | 6:00 AM

The CPTPP, which officially came into force on December 30, 2018, is expected to provide a push for Vietnam to reform its economic institutions and further improve the [...]
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