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Hanoi Stock Exchange begins online transactions By Song Thu - The Saigon Times Daily HCMC - The Hanoi Stock Exchange (HNX) yesterday launched online transactions with selected securities companies. An agency manager of a securities company in HCMC said order matching was as fast as on the Hochiminh Stock Exchange with orders matching immediately. "Surely, trading volume at Hanoi Stock Exchange will increase strongly," he said. Tan Viet Securities Incorporation (TVSI) said HNX would connect with about 20 securities companies and then with all of them after Tet. Some of the companies doing online transactions yesterday were Viet Dragon Securities Corporation, Thang Long Securities Joint Stock Company, Tan Viet Securities Incorporation, Bao Viet Securities Company, Kimeng Vietnam Securities J.S.C., Hochiminh Securities Corporation and VISecurities. … [Read more...] about Hanoi Stock Exchange begins online transactions

Hanoi exchange applies online trading method By Thu Thuy - The Saigon Times Daily HCMC - The Hanoi Stock Exchange will apply the online trading method today to cut transaction time and increase liquidity of the northern market, according to a statement on the bourse's website. The time it takes to transfer an order to the exchange's system will be shortened by seven to ten times, says the Hanoi exchange. The new method will also ensure stability, safety for data, and decrease mistakes in entering orders by the human factor. Ninety three securities companies registered to apply online trading with the northern bourse and 45 of them met standards required by the exchange. However, the Hanoi Stock Exchange will carry out online trading with 15-20 securities companies to start. The exchange will review the operation and then deploy it with all brokers after Tet. The online trading method has been applied by the Hochiminh Stock Exchange since early last year, helping to increase market's … [Read more...] about Hanoi exchange applies online trading method

BIC launches online insurance By T.Trieu - The Saigon Times Daily HCMC –The insurance company BIC under the Bank for Investment and Development of Vietnam on Monday launched its online insurance service at http:/baohiemtructuyen.com.vn after successfully selling insurance products through automated teller machines. The website offers many options for customers to buy many kinds of insurance and settle online payment using Visacard, Mastercard, local banks’ cards, and E-wallet. BIC’s target customers are people with high income, so it introduces various types of insurance such as automobile and motorcycle insurance, accident insurance, apartment insurance and travel insurance. Besides insurance transactions, the website is also a good source for customers to research necessary information before acquiring an insurance policy such as provisions on insurance premium, insurance conditions, insurance compensation and other related issues. … [Read more...] about BIC launches online insurance

Ministry to hold online forum on Cambodian market By Tran Thu - The Saigon Times Daily HCMC - An online forum will be held on September 28 in a bid to help local exporters know more about Cambodian market to have long-term strategy, instead of mainly relying on border trade as the current practice. The Ministry of Industry and Trade is expected to hold the online exchange between its trade officials and local businesses on the website of Vietnam e-Commerce and Information Technology Agency (VECITA) at www.ttnn.com.vn. According to the website, Cambodia market has big demand for consumer products, and is shifting from Thai goods to Vietnamese ones. In addition, the good relationship between the two countries is said to help the bilateral trade more advantageous. Despite the trade uptrend, the ministry notes that the two-way trade value is still far under potential. According to Vietnam’s Customs, in the first eight months of the year, Vietnam exports to Cambodia has increased 54% … [Read more...] about Ministry to hold online forum on Cambodian market