Brian SpenceViet Nam News Brian Spence* Congratulations! You’re ready to start investing. It might seem like a small step, but years from now you’ll look back and realise how meaningful this moment was to your financial future. This could be the defining decision that helped you achieve your financial dreams. However, dipping your toe into the waters of investing can seem a little daunting at first. Questions of which stocks to buy, how to manage risk and when to sell are likely to be at the front of your mind. But help is at hand. Here, I’ll walk you through the main decision-making processes. When and how do I buy my first stocks? Over the long term, stocks outperform any other asset class, so deciding to invest in the markets is undoubtedly a good decision. But don’t run out and buy stocks straight away – no matter what “hot tip” has come your way. Before selecting your first investment, you must complete the following financial steps. … [Read more...] about How to pop your cherry in Việt Nam’s stock market
How to day trade stocks
Trump won't soften hardline on China to make trade deal: advisers Containers are seen at the Yangshan Deep Water Port in Shanghai, China April 24, 2018 – PHOTO: REUTERS WASHINGTON (REUTERS) - As much as U.S. President Donald Trump wants to boost markets through a trade pact with China, he will not soften his position that Beijing must make real structural reforms, including how it handles intellectual property, to reach a deal, advisers say. Offering to buy more American goods is unlikely by itself to overcome an issue that has bedeviled talks between the two countries. Those talks are set to continue when Chinese Vice Premier Liu He visits Washington at the end of January. The United States accuses China of stealing intellectual property and forcing American companies to share technology when they do business in China. Beijing denies the accusations. With a March 1 deadline approaching to reach an agreement or risk an escalation of tariffs on another US$200 billion … [Read more...] about Trump won’t soften hardline on China to make trade deal: advisers
VietNamNet Bridge – Andy Ho, Managing Director & Chief Investment Officer at VinaCapital, shares his views on the recent development of private equity investments in Viet Nam. Viet Nam’s financial market has not been showing signs of stable investment over the past few months. Do you agree? I think Viet Nam’s stock markets have done well since the beginning of the year. The VN-Index has increased by 8.2 percent (in US dollar term). It can always be more stable, but we like a little instability so as to create more opportunities for investments and divestments. How do you view the performance of private equity (P/E) investments in Viet Nam in 2017? Private equity is a long-term investment activity so it is difficult to make an assessment over a four-month period. However, I can say that we have opportunities of over $200m in our pipeline and we are currently going through due diligence with three large private equity opportunities. For which business sectors in … [Read more...] about How to develop private equity in Vietnam
VietNamNet Bridge – The State Bank of Viet Nam has said no to the Viet Nam Gold Trading Association (VGTA)’s proposal to mobilise privately owned gold. An anonymous SBV official told Saigon Times Daily that it would be very risky in terms of the price movements it might cause, claiming there has been no precedent by any government in the world in this regard. One of the VGTA’s most important suggestions was that the central bank and Ministry of Finance should soon set up a national transaction floor for physical gold. Since the Government issued Decree 24 on management of gold trading in 2012, which enables the central bank to directly intervene in the local gold market, the market has become very stable while the number of gold traders decreased sharply from 12,000 units then to 38 now. Under the decree, bullion trading is only permitted by gold firms and credit institutions licensed by the central bank. To be licensed, however, a firm must have chartered … [Read more...] about How to mobilise public gold?
Ho Chi Minh City stocks closed the week Friday with yet another dismal day of trading after see-sawing for a while between positive and negative territories. Panic selling at the opening caused the VN-Index of 154 listed companies to extend the weeklong fall. … [Read more...] about Stocks remain in free fall, but volumes up