Hdbank

Banking stocks supported market strongly, including Asia Commercial Bank (ACB), Bank for Investment and Development (BID), Vietinbank (CTG), HDBank (HDB), Military Bank (MBB), Tien Phong Bank (TPB), Saigon-Hanoi Bank (SHB) and VPBank (VPB). ACB increased by 1.7 per cent, MBB rose by 1.2 per cent, SHB climbed by 1.4 per cent and VPB gained by 1.9 per cent. … [Read more...] about Shares make gains on bank stocks

Commercial banks and credit institutions in HCM City need to continue to restructure and strengthen control of credit quality to prevent a return to the days of high bad debt ratios, the deputy governor of the State Bank of Vietnam Dao Minh Tu has warned. … [Read more...] about HCM City banking sector urged to keep bad debts low

Foreign investors were net sellers after four consecutive net buying sessions, with a net sell value of VND33.1 billion ($1.43 million) on HoSE. Selling pressure was mostly focused on HPG of Hoa Phat Group and VNM of Vietnam’s biggest dairy firm Vinamilk. … [Read more...] about VN-Index inches up, but most stocks in the red

Capital flow tends to weaken as the Tet (Lunar New Year) holiday approaches and investors decide to take an early break from the market, Sai Gon-Ha Noi Securities Co (SHS) said in its daily report. … [Read more...] about VN stocks rise but liquidity dries up

Meanwhile, HNX-Index for stocks on Hanoi Stock Exchange, Vietnam’s second main bourse for small and mid-cap stocks, rose 1.1 percent, while UPCoM-Index for unlisted public companies edged up 0.2 percent. … [Read more...] about VN-Index exceeds 970 points as bank stocks gain