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The market watchdog has announced securities firm blacklist to protect investors’ rights.
A Vietnam-focused private equity investment fund management company plans to revive efforts to launch an entirely new fund to invest in the country’s rapidly growing consumer sector.
Strong foreign cash inflows could be behind the recent sharp appreciation of the Vietnamese dong. Vietcombank statistics revealed dong appreciated around 1.15 per cent against dollar in the year to date, a move that might surprise investors.
Vietnam may see its first forced closure of a securities company after market regulators shut down key operations at SME Securities.
Bao Viet Securities Company (BVSC) announced it has successfully completed the merger of Vinpearl into Vincom, Vietnam’s biggest ever merger.
The tussle between Vietnam’s leading property developer Song Da Group and Sudico has taken a new turn after Sudico failed to organise an extraordinary general meeting requested by Song Da, its largest shareholder.
Stock market observers have new reason to be optimistic after Vietnam’s prime minister raised the possibility of measures aimed at boosting the prospects of the country’s ailing bourses.
Local brokerage Sacombank Securities looks for a major shake-up after a decision by founder company Sacombank to ditch most of its holding in the securities firm.
A legal wrangle between Wall Street Securities and PetroVietnam Trade Union Financial Investment Company is taking its toll on the brokerage.
Vietnam’s consumer-driven companies are having excellent 2011 despite a dark economy. “With a booming population, rising educational levels and the upward trend of income growth expected to continue, Vietnam’s consumer market should continue to flourish,” said B. Alexander Frank, an investment consultant in Hanoi.