A Vietcombank office. The bank's stock were among the large-caps that fell on Monday. — Photo vietcombank.com.vn HÀ NỘI — Vietnamese shares slipped on Monday as investors continued seeking profits from previous gains made by large-caps. The benchmark VN-Index on the Hồ CHí Minh Stock Exchange dropped 0.70 per cent to close at 1,002.91points. Việt Nam’s benchmark index closed down 1.2 per cent last week. More than 184.3 million shares were traded on the southern bourse, worth VNĐ4.2 trillion (US$181.5 million). Declining stocks outnumbered gainers by 197 to 132, indicating relatively strong selling pressure. The stock market was under large-scale selling pressure and the VN-Index was pushed back near 1,000 points. The benchmark VN-Index lost in four of all five trading days last week after having approached the 1,025-point level on November 6. According to analysts, the 1,025-point zone would be a very … [Read more...] about Local stocks keep falling on profit earning
5 diem du lich dep nhat viet nam
ADMM Plus focuses on security matters
Defence Minister Gen. Ngo Xuan Lich (sixth, right) and other officials pose for a photo at the 6th ASEAN Defence Ministers’ Meeting Plus in Bangkok on November 18 (Photo: VNA) Bangkok (VNA) – The ASEAN Defence Ministers’ Meeting (ADMM) Plus opened in Bangkok, Thailand on November 18 under the chair of Thai Deputy Prime Minister Prawit Wongsuwan. The Vietnamese delegation to the event was led by Defence Minister Gen. Ngo Xuan Lich. Addressing the event, the Thai Deputy PM thanked ASEAN and its partners for supporting Thailand to perform the role as the Chair of ASEAN in 2019 as well as ADMM and ADMM Plus. Ministers are scheduled to discuss seven topics related to security, including humanitarian relief and natural disaster mitigation, maritime security, military medical services, anti-terrorism, peacekeeping, bomb and mine clearance campaigns for humanitarian purposes and cybersecurity. Concluding the event, a ceremony will be held to hand over the role … [Read more...] about ADMM Plus focuses on security matters
Open-end funds expect stronger performance in 2020
Screens show share prices at VNDirect Securities Corporation. The firm's IPA Asset Management and other investment funds in Vietnam are eyeing further improvement in 2020 (Photo: tbck.vn) Hanoi (VNS/VNA) - Open-end funds in Vietnam are looking forward to better performance in 2020 as more investors seek assistance from funds’ products and services. The number of investors opening new accounts at open-end funds in Vietnam was 35,000 at the end of September, according to the Vietnam Securities Depository (VSD). Meanwhile, only 900 accounts were closed. The total number of trading accounts at open-end funds in Vietnam as of September 30, 2019 was 110,000 – which was 12 times the figure recorded four years ago. The total number of active funds in Vietnam was 28. In 2019, six new funds were set up. Most investors are domestic individuals. More than 720 accounts belong to foreign individual investors. In addition, nearly 100 foreign institutional investors and more than 220 … [Read more...] about Open-end funds expect stronger performance in 2020
