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 Construction (PVX), Hoang Quan (HQC), Licogi 16 (LCG) and Dic Corp (DIG)... 

The 2013 Invest ASEAN-Vietnam conference was organized for the first time by the Ho Chi Minh City Stock Exchange (HOSE) on March 30. Tran Dac Sinh, chairman of the HOSE Board of Directors, stressed that Vietnam must follow the common regional and international trends of connectivity and integration. The ASEAN connectivity, initiated by stock exchanges within the bloc with HOSE being a founding member,... 

The Hanoi Stock Exchange has introduced the second version of the Government bond trading system, which will be used for the first time from March 18 when Circular 234/2012/TT-BTC takes effect. The system was upgraded in response to provisions in the circular concerning risk management and repurchase agreement (repo) trading. A repo agreement occurs when the selling party agrees to repurchase bonds... 

Accepting to pay 30-50 percent higher than the market prices, foreign investors have shown their strong determination to buy the stocks of Vietnamese enterprises now, when the stock prices are at the deepest low. The Japanese Tokyo Mitsubishi Bank has agreed to pay US$743 million to buy 20 percent of stakes of Vietinbank, one of the biggest commercial banks in Vietnam, the biggest ever merger &... 

The merger of the two stock exchanges of Hanoi and HCM City is expected to be decided in 2013, after the State Securities Commission (SSC) submits the merger plan to the Prime Minister. Under the Decision No. 1826 of the Prime Minister, the reshuffling of the stock market, insurance companies and the restructuring of the stock exchanges, the renovation process would be implemented in two stages. In... 

Although the overall picture of losses and gains is still unclear, many securities enterprises reported contrast situations in 2012 with some posting up big profits while others incurred heavy losses. Around 40 securities have submitted 2012 financial statements to local stock watchdogs, of which only seven firms suffered losses. Sacombank Securities Company (SBS) incurred the biggest loss of around... 

Gains of blue chips on January 24 helped sustain a market rise on the HCM Stock Exchange, with the VN-Index climbing over 2 percent to close at 452.40 points. Many large caps hit their ceiling prices by the end of the session, including leading shares such as insurer Bao Viet Holding (BVH) and PetroVietnam Finance (PVF) and steelmakers Hoa Phat Group (HPG) and Hoa Sen Group (HSG). None of the top 30... 

Although experiencing some moments of weakened momentum, the local market ended its four-day losing streak with a mild rise on Wednesday as some blue-chips took a sharp turnaround on strong demand. The market opened with improved sentiment upon positive results of the last quarter of 2012 coming out from different sectors on the previous day, including CSM, SBT, PNJ and especially VNM, which gained... 

The State Securities Commission (SSC) is considering a pilot project allowing foreigners to raise their stakes in listed companies, a policy shift that has drawn varied reactions from market insiders. If the project is approved, foreign investors will be able to hold more than 49 per cent of shares without voting rights in several types of companies. Experts predict the authority will also allow foreigners... 

The total stock assets of the 500 richest stock millionaires in 2012 reach VND75 trillion. More than a half of the 500 millionaires have the assets of over one million dollars. There is no big gap in the individuals’ assets of the stock millionaires ranking from the 150th to 500th like the one existing in top 100. The stock assets of the person ranking the 150th are only VND47 billion higher than...