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Petrolimex stocks fall with sinking performance

Petrolimex stocks fall with sinking performance

Vietnam National Petroleum Group (Petrolimex, coded PLX), has witnessed a sharp drop in share prices after a vast wave of investors started selling its stocks and setting up stock discounts, following the drop in profitability since April 2017.

VN Index hits trading value high

VN Index hits trading value high

Shares advanced for a third session on the HCM Stock Exchange on Tuesday as property developers and energy firms were able to maintain momentum.

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European stocks fall, oil spikes on Saudi tensions

European stocks fall, oil spikes on Saudi tensions

LONDON: Europe's stock markets retreated on Tuesday (Nov 7) on worries over simmering Middle East tensions, which are centred on Saudi Arabia and have catapulted oil prices to two-year peaks.

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Local banks learn a trick from fintech with QR pay

Local banks learn a trick from fintech with QR pay

Local banks are deploying the use of quick response codes for contactless payments, a move set in anticipation of the involvement of some of the world’s largest players.

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Real estate, energy boost VN Index

Real estate, energy boost VN Index

Shares rose further on the HCM Stock Exchange, boosted by property developers and energy firms.

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Vincom Retail to reach $2.8-billion market cap

Vincom Retail to reach $2.8-billion market cap

On November 6, Vincom Retail, a subsidiary of Vingroup Corporation, launched the sale of 1.9 billion shares listed on the Ho Chi Minh City Stock Exchange (HOSE), becoming a billion-dollar enterprise with the market capitalisation of roughly $2.8 billion.

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VN-Index up, Vincom Retail debuts

VN-Index up, Vincom Retail debuts

Shares closed Monday’s trading on a positive note following last week’s gains thanks to expansion of large-cap stocks.

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Shares open new week on positive note

Shares open new week on positive note

Shares opened this week’s trade in the positive zone following last week’s gains with both stock indices rising on the two national stock exchanges.

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Sun Life targets growing local client base

Sun Life targets growing local client base

As Vietnam’s middle class grows at a region-leading rate, the need for the kind of financial security offered by insurers like Sun Life Financial is also on the rise. Dean A. Connor, president and CEO of Sun Life, gives VIR an inside view on the growth strategy informing one of the field’s prime movers.

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Vietnamese stocks tipped for a sluggish week

Vietnamese stocks tipped for a sluggish week

Despite a strong rebound on Friday, Vietnamese shares are expected to remain sluggish this week given a lack of business information and market dependence on large-cap shares.

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Blue-chip reliance worry investors

Blue-chip reliance worry investors

Large-cap companies continued to drive shares on the HCM Stock Exchange up on November 3, but analysts warned of market volatility over investor worries about the market’s dependence on blue chips.

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Retail loan profits drive bank stocks

Retail loan profits drive bank stocks

Vietnamese lenders are heading towards high earnings in 2017 and 2018, resulting in a positive outlook for their stocks and capital raising plans. 

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VN Index drops as stocks suffer from profit-taking

VN Index drops as stocks suffer from profit-taking

Shares dropped on the HCM Stock Exchange on Thursday morning as stocks were hit by intraday profit-taking after the market gained in the early period.

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MSCI upgrade not  coming until 2020

MSCI upgrade not coming until 2020

Vietnam could be classified as an emerging market in 2020 if its free-float rate increases and the market infrastructure becomes better at accommodating foreigners, according to the provider of stock market indexes and portfolio analytics MSCI.

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SCIC reveals initial price for Vinamilk auction

SCIC reveals initial price for Vinamilk auction

State Capital Investment Corporation (SCIC) has announced the initial price of VND150,000 ($6.62) piece for Vietnam Dairy Product JSC (Vinamilk)’s shares in its second divestment round.

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Investment funds shift focus to mid-cap stocks

Investment funds shift focus to mid-cap stocks

Investment management funds have been active in trading on the HCM Stock Exchange recently, focusing on mid-cap stocks.

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