Best goose call on the market

Almaz conference centre in Vinhomes Riverside, Ha Noi. Vinhomes (VHM) topped the list of stocks pulling the VN-Index most on Friday. — VNS Photo Mai Huong The VN-Index closed at a one-month high in the first quarter’s last trading session, supported by strong buys of both domestic and foreign traders. On the Ho Chi Minh Stock Exchange, the VN-Index ended up 0.49 per cent at 1,064.64 points, extending its rally streak to nine consecutive sessions. Meanwhile, the HNX-Index on the Ha Noi Stock Exchange increased for a second day, up 0.75 per cent to close at 207.5 points. It inched up 0.2 per cent on Thursday. Liquidity in the afternoon session grew by 57 per cent compared to the morning, totaling 723.5 million shares worth VND13 trillion (US$552 million), the highest in more than a month. According to analysts, a long gaining streak showed investors’ expectations near the closing time of the net asset value of funds, pushing up many stocks. On average, this week saw the best … [Read more...] about VN-Index inks March’s last session in blue with ninth straight gaining session

Illustrative Image (Photo: VNA) Jakarta (VNA) –  The ASEAN 3 Finance and Central Bank Deputies Meeting (AFCDM 3) took place in Indonesia from March 29-30 to discuss the regional macroeconomic situation and the progress of implementing financial cooperation initiatives. Representatives of the Ministry of Finance and the State Bank of Vietnam attended the event. Under the co-chair of Indonesia and Japan, deputy ministers of finance and deputy governors of ASEAN 3 central banks discussed the regional macro economic situation and the pace of the implementation of the financial cooperation initiatives. Regarding regional macroeconomics, the ASEAN 3 Macroeconomic Research Office (AMRO) assessed that economic growth in the ASEAN 3 region in 2022 recorded a recovery after the COVID-19 period, mainly from increased domestic demand. Regional growth is estimated at 3.2%, of which China, Japan and the Republic of Korea (RoK) achieved 2.6% and ASEAN member states at 5.6%. In 2023, the … [Read more...] about ASEAN+3 intensifies finance collaboration

An HDBank transaction office in HCM City. HDBank hopes to maintain its high growth momentum in the coming years. — Photo courtesy of HDBank The Ho Chi Minh City Development Joint Stock Commercial Bank has announced its 2022 results audited by PwC, which shows profit before tax of nearly VND10.27 trillion (US$437.18 million), its highest ever and up 27.2 per cent from the previous year and 105 per cent of the target approved by shareholders. The non-performing loans (NPL) ratio was low, while operational safety indicators were among the best in the industry. The operating income for the year topped VND22 trillion ($936.39 million), up 31.1 per cent. Its credit, services, card, and digital banking businesses all saw high growth. The total number of credit cards it issued quadrupled while their transaction value nearly tripled, and the number of e-banking transactions doubled with their value growing by six times to VND761 trillion ($$32.39 million). The return on equity and … [Read more...] about HDBank outstanding loans to property sector, corporate bond holdings among industry lowest