The Vietnamese stock market is very lacklustre in 2010. According to statistics, up to 90 % of investors suffered losses while only 10 % made a profit on this market. The Vietnamese stock market was rated the worst performer in the world in 2010. Shares plunged and investors vied to catch the “falling knife” but very people managed to catch it while a majority got “bloodletting”. Shares are manipulated As Vietnam lacks a perfect regulation... 

Vietnamese shares are undervalued and becoming attractive to foreign investors. It’s the good time to buy Vietnamese shares, the local newspaper Vietnamnews reported on October 28, citing Don Lam, CEO of VinaCapital as saying at its 2010 Investor Conference today The foreign investors in Vietnam’s stock markets tend to be institutional investors while the stock markets are mainly dominated by retail or small-scale investors, accounting for... 

The Hanoi Stock Exchange (HNX) has announced to open bids for 3-year and 5-year government bonds worth of VND1trillion each on October 28. The Treasury will issue the bonds on November 1 and list them on HNX after the issuance, HNX said. The coupon will be paid annually and principal will be paid one-off on due date. Bids will also be taken on the basis of competitive interest rates and the amount of bids not basing on the competitiveness of interest... 

As many as 21 securities companies have reported third-quarter business results, with 12 posting gains in profits and nine losses. The largest firms in terms of brokerage market share on the HCM City and Ha Noi stock exchanges constituted the majority of gainers. Most of their income came from brokerage fees and other financial services, including leveraging transactions, repurchasing agreements and securities mortgages. Saigon Securities Inc... 

Vietnam ranked the fifth among 17 countries and territories on Trade Confidence Index (TCI) in the second half of 2010, dropping two grades from H1, Hong Kong and Shanghai Banking Corporation (HSBC) said on its latest semi-annual survey. The Southeast Asian country gains 122 points of the total 200, standing behind India (140), UAE (125), Mexico (124) and Indonesia (124) in the HSBC ranking. The latest survey indicated that the rate of Vietnamese... 

Volatility in the foreign exchange and inflation rates last week began to worry foreign investors, the final sustaining force on the nation’s stock markets in recent days. Net buys by foreign investors fell to an eight-week low on the HCM City Stock Exchange, totalling just VND194.6 billion (US$10 million) worth of shares, as Ha Noi’s inflation rate soared during October and the US dollar began to fetch over VND20,000 on the black market. As... 

Institutional investors, particularly investment funds, are showing signs of hesitation in investing in the Vietnamese stock market, with many delaying investment until they can see more certainty in national markets. Luu Nguyen Chi Nhan, deputy general director of the Sai Gon-Ha Noi Fund Management Joint Stock Company, said the securities market was still attractive to a majority of investors, especially in the context of record high gold prices. “The... 

Vietnamese stocks ended mixed on October 22, the southern bourse closed marginally higher on late buying focusing on blue chips. The benchmark VN Index added 0.16 point or 0.03% to 445.21. Volume continued to fall to 27.8 million shares traded for VND629.72 billion compared to 28.77 million shares traded for VND690.21 billion on Thursday. For the week, VN Index lost 13.18 points or 2.9% with the average daily trading volume of 31.6 million shares. Headlines... 

The Ministry of Finance of Vietnam (MoF) has just issued Circular 148/2010/TT-BTC guiding the anti-money laundering in the fields of stock, insurance and awarding game, the local media Dau Tu Chung Khoan reported. Under the new regulation, individuals trading from or over VND200 million a day and institutions trading from or over VND500 million/day will be watched closely. Brokers have to report and keep record of block trading, have to send... 

According to the research department of Wall Street Securities Joint Stock Company, the VN-Index and the HNX-Index dropped 13 % and 20 % in the year to the end of September, respectively. Will the market gauges regain their losses in the remaining two months of 2010? What factors will support and spur the market? Weak support According to the government-run General Statistics Office (GSO), Vietnam’s GDP in the first nine months of 2010 expanded...