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| Views from on Thursday, June 23, 2011: |
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on Wednesday, June 22, 2011
Market surges to over 440 points
finance
The local market on Tuesday sharply bounced back after two falling sessions in a row as investors turned more confident at the nation?s CPI (consumer price index) slowdown in June. The VN-Index jumped 11.11 points, or 2.57%, against the previous day to close at 442.74. Liquidity, however, was muc...

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on Wednesday, June 22, 2011
Medical equipment provider lists on bourse
finance
Le Van Huong (L), chairman and CEO of Japan and Vietnam Medical instrument Joint Stock Company, shakes hands with Phan Thi Tuong Tam, deputy general director of the southern exchange after beating the gong to mark JVC first trading session ? Photo: Thu Thuy Japan and Vietnam Medical instrument Jo...

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on Wednesday, June 22, 2011
More luxury housing up for grabs
finance
The high-end housing segment is facing tougher sales challenges than others but some high-end housing developers are continuing to launch their projects onto the market. An Tay Corporation, for example, is pressing on with a plan to market a luxury villa project called The Headquarters underway o...

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on Wednesday, June 22, 2011
Banks mull structured savings to lure depositors
finance
Customers make transactions at Sacombank, which is the first local bank that has launched an investment-linked saving product ? Photo: Le Toan Several banks will launch structured savings products to bring about better returns for depositors as the current deposit rate of 14% per year is deemed u...

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on Wednesday, June 22, 2011
Dollar prices increase, but no pressure on exchange rate found
finance
The dollar price on the black market has been increasing for the last several years. However, there have been few transactions. Meanwhile, bankers have affirmed that they cannot see any pressure on the exchange rate. In Hanoi, since June 16, when commercial banks began raising the dollar purchase...

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on Wednesday, June 22, 2011
Vietnam bonds rise on speculation inflation easing; dong drops
finance
Vietnam?s bonds rose, pushing yields to near a seven-week low, on speculation inflation is easing. The dong weakened. The consumer price index will rise 1.2 percent to 1.4 percent in June from the month before, Thoi Bao Kinh Te Vietnam newspaper reported yesterday, citing Nguyen Tien Thoa, head o...

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on Wednesday, June 22, 2011
Dollar exchange to hold steady till year-end: ANZ
finance
The US dollar-Vietnamese dong exchange rate is expected to hold steady to the end of this year, but ANZ bank anticipates a dong devaluation early next year. According to the bank?s report released today, Government efforts to stabilise the foreign exchange market and restore confidence in the don...

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on Wednesday, June 22, 2011
Banks target higher second-half earnings
finance
Customers make transactions at Maritime Bank in Hanoi. ? VNA/VNS Photo Tran Viet Local commercial banks are hoping to earn higher profits in the next two quarters of the year so that they can meet their annual pretax targets, but current market conditions make this a difficult task. The first hal...

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on Wednesday, June 22, 2011
Seafood sector sees strong growth
finance
Vietnam?s seafood sector has made remarkable progress, especially in exporting tra and basa fish, in the past decade, according to a report from the Fisheries Directorate under Vietnam?s Ministry of Agriculture and Rural Development. Chu Tien Vinh, deputy Director General of the Directorate of Fi...

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on Tuesday, June 21, 2011
Market tumbles to near 430 points
finance
The local market opened the week with a sharp decline on Tuesday despite slight growth of June CPI in the two biggest cities of Hanoi and HCMC. The VN-Index shed a hefty 7.3 points, or 1.66%, against last Friday to close at 431.63. The market opened a bit higher and immediately touched the daily ...

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