Point 65 xo11

Hanoi (VNA) – Vietnam gained 84 points for the second quarter of 2018 in the Business Climate Index (BCI), up 6 points from the previous quarter, according to new data from the BCI survey released by the European Chamber of Commerce in Vietnam (EuroCham) on October 4. The latest BCI results show the sentiment of European businesses is at its strongest for 18 months, and just two points below the all-time high of the third quarter of 2016. EuroCham members reported an optimistic outlook on various issues, from their own investment and profit projections to workforce levels and Vietnam’s macroeconomic outlook. More than 70 percent reported a positive situation for their enterprises in the last quarter, with 65 percent describing it as “good” and 12 percent as “excellent”. Looking ahead to the next quarter, 64 percent believe their business situation will be “good” with a further 15 percent answering “excellent.” EuroCham … [Read more...] about Vietnam gains 6 more points in EuroCham’s Business Climate Index

The VN-Index of the Ho Chi Minh Stock Exchange (HoSE) rose 21.12 points on July 18 (Photo: VNA) Hanoi (VNA) – The VN-Index of the Ho Chi Minh Stock Exchange (HoSE) rose 21.12 points on July 18, with 223.9 million shares worth over 4.9 trillion VND (211 million USD) traded.  There were 219 advancing codes and 72 declining ones. Meanwhile, the HNX-Index on the Hanoi Stock Exchange (HNX) closed at 106.93 points, up 2.1 points. More than 48,700 shares were sold with a total transaction value of 698.6 billion VND (30 million USD).  There were 114 rising codes and 53 declining ones. Liquidity on both exchanges grew significantly to over 5 trillion VND (215.3 million USD). In the VN-30 cap group, codes witnessing price increases included CTD, GAS, NVL, PLX, VJC, and VNM. The ticker code RE hit its ceiling price of 32,800 VND per share. In the banking sector, the Bank for Investment and Development of Vietnam (BIDV) rose to 26,150 VND per share from 1,250 … [Read more...] about VN-Index rises over 21 points

The State Treasury of Vietnam has mobilised over 65.8 trillion VND (2.89 billion USD) via G-bond auctions at the Hanoi Stock Exchange so far this year (Photo: tinnhanhchungkhoan.vn) Hanoi (VNA) – The State Treasury of Vietnam has mobilised over 65.8 trillion VND (2.89 billion USD) via Government bond (G-bond) auctions at the Hanoi Stock Exchange (HNX) since the beginning of 2018. From mid-April to present, the interest rates of different term G-bonds have continued to increase. Most recently, a total of 4.2 trillion VND (185 million USD) was raised through an auction at the HNX on June 13. As much as 2.1 trillion VND (92.5 million USD) was mobilised from 10-year bonds with an annual interest rate of 4.32 percent, up 0.02 percent against the previous auction on June 6. Bonds with 15-year and 20-year maturity raised 1.6 trillion VND (70.4 million USD) and 500 billion VND (22 million USD) with annual interest rates of 4.65 percent and 5.18 percent respectively, both up 0.02 … [Read more...] about State Treasury raises over 65.8 trillion VND from G-bonds

Illustrative photo (Photo: VNA) Hanoi (VNA) – The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) rose for the third day, gaining a total of 65.28 points after three transactions to settle at 1,013.78 points on June 4. The VN-Index fluctuated around 1,000 points in the morning. However, in the afternoon, the index bounced back after the demand climbed.  The group of equipment, machine production and construction material production shares saw a price hike of 4 percent. Meanwhile, the group of banking, insurance and seafood processing shares witnessed an increase of over 3 percent. Among the largest stocks by market capitalisation, shares of Vinamilk (VNM), Vingoup (VIC), Vietcombank (VCB) and BIDV (BID) drew attention of investors and traded at the  reference price. However, shares of Sabeco (SAB), PetroVietnam (GAS) and Techcombank (TCB) were sold below the reference price, of which TCB closed at 102,000 VND per share. At the end of the June 4 … [Read more...] about VN-Index rises for three consecutive days, exceeding 1,013 points