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Industrial zone stocks continued rising, with ITA soaring to its ceiling price for the second day on matching volume of 21.5 million shares. Meanwhile, construction firm ROS dropped for the third consecutive session, sliding 0.9% at VND3,410 on volume of 12.5 million shares. … [Read more...] about Domestic stocks extend gains

Foreign investors continued to be net sellers on all three bourses to the tune of VND60 billion ($2.59 million), with selling pressure mostly on stocks outside the VN30, including VSC of Vietnam Container Shipping JSC, which rose 4.85 percent, and DBC of food processing firm Dabaco, which added 1.88 percent. … [Read more...] about VN-Index surges in second straight gaining session

According to South Korea’s Financial Supervisory Service, South Korean lenders’ business in Vietnam saw profits grow from $5.72 billion in 2017 to $6.43 billion in 2018. South Korean appetite also comes from the Vietnamese economy being on a solid footing with 7.02 per cent GDP growth in 2019. … [Read more...] about JB Financial acquires Vietnam-based Morgan Stanley Gateway Securities

In addition, the company will start leasing and operating a new business model of shopping tourism with the Grand World Phú Quốc complex. With 1,000 shophouses and hotel services, Trần Mai Hoa, general director of Vincom Retail, hopes the combination of tourism, shopping and recreation will offer customers and retailers a new experience and help boost the national economy. … [Read more...] about Vincom Retail forecasts 2020 profit down 12 per cent due to pandemic

However, amid the rising trend of individual investors buying corporate bonds, the Ministry of Finance has recently advised prudence in pouring money into this channel, because the higher the coupon rate, the higher the risks. … [Read more...] about Corporate bond issuance doubles