Vietnam stock market

PetroVietnam Gas engineers at a facility (Photo: vietnamfinance.vn) Hanoi (VNS/VNA) - Vietnam’s benchmark VN-Index could breach the 1,000 point mark in the last quarter of the year after the Q3 corporate earnings season and with investors shifting attention towards firms with hopes for full-year earnings growth. The benchmark VN-Index on the Ho Chí Minh Stock Exchange gained 0.72 percent to close last week at 997.84 points.foreign investors.US-China trade talks, which opens on October 10. VNA … [Read more...] about Vietnam stocks to beat 1,000 points in Q4

Hanoi (VNS/VNA) - Vietnam is expected to attract more investors as its economy is developing at a stable rate, with GDP growth of 7 percent. The country’s competitiveness has increased by 10 places in the 2019 Global Competitiveness Index , which was announced this week. The information was released by VinaCapital Co-Founder and CEO Don Lam at the two-day 2019 VinaCapital Investor Conference held in Hanoi earlier this week. He said after four consecutive years of holding its investor conference in Ho Chi Minh City, this year Vinacapital chose Hanoi because the capital city was becoming a leading destination for foreign direct investment in Vietnam. “Most investors come from the Republic of Korea and Japan, showing that the wave of Asian capital flow is interested in the Vietnamese market,” Lam said. VinaCapital, a leading investment management firm, plans to launch the VinaCapital100 ETF (exchange-traded fund) by the end of this year, with initial … [Read more...] about Vietnam’s outlook positive for investment attraction

  A Military Bank (MBBank) office. The bank shares jumped 3.1 per cent following its Q3 profit report. — Photo baodautu.vn HÀ NỘI — Vietnamese shares scored higher on Monday as investors were eased by positive statements from the US and China about their trade relations. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange edged up 0.17 per cent to close at 993.57 points. It rose as much as 0.54 per cent during the day. The VN-Index gained total 0.43 per cent last week. Progress of the US-China trade talks helped keep investors’ sentiment positive in the first trading day of the week, Sài Gòn-Hà Nội Securities Co (SHS) said in its daily report. The US and China held a two-day discussion ending Friday (local time) in Washington and both sides came up with positive statements, showing their willingness to resolve the trade war. That helped shoot US stocks up strongly on Friday. But marketwatch agencies and … [Read more...] about Trade news, profit report boost VN markets up

Corporate Bamboo Airways to list on stock market next year The Saigon Times Daily Tuesday,  Oct 15, 2019,15:10 (GMT+7) Bamboo Airways to list on stock market next yearThe Saigon Times Daily A Bamboo Airways aircraft. The carrier is going to list on the local stock market in January 2020 - PHOTO: BAMBOO AIRWAYS HCMC – Bamboo Airways plans to float 400 million shares on the local stock market in January 2020 at the earliest, the local media reported. Nguyen Khac Hai, deputy general director of Bamboo Airways, said the shares will be tradable on either the HCMC or the Hanoi stock exchange next year. The starting price will range from VND50,000 to VND60,000 per share. Speaking to Bloomberg, Bamboo Airways Chairman Trinh Van Quyet noted that the company expects to raise some US$100 million from the initial public offering. The carrier’s registered capital will increase to roughly VND4 trillion from VND2.2 … [Read more...] about Bamboo Airways to list on stock market next year

  A Vietcombank office in northern Thái Nguyên Province. The bank's shares on Friday gained 2.3 per cent to touch a record high of VNĐ82,900 per share. - Photo baothainguyen.vn HÀ NỘI – Việt Nam’s benchmark VN-Index progressed to 1,000 points on Friday as financial, retail and technology shares were lifted by hopes for future earnings growth. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange gained 0.72 per cent to close at 997.84 points. The VN-Index has increased by total 1.07 per cent in the last two trading days. The benchmark added total 0.75 per cent this week. Financial, technology and retail firms were the top gainers on Friday. The insurance, banking, securities and retail sector indices were up between 0.9 per cent and 1.3 per cent, data on vietstock.vn showed. The market sentiment improved significantly on Friday and it mostly benefited financial stocks, Thành Công Securities Co (TCSC) said in its … [Read more...] about VN stocks lifted by earnings hopes