viet dragon securities becomes market maker for local etf

Viet Dragon Securities becomes market maker for local ETF

Vietnam’s first exchange-traded fund VFMVN30 now counts Viet Dragon Securities as its second market maker.
sbv forecast to raise credit growth by 1 2

SBV forecast to raise credit growth by 1-2%

The central bank is likely to raise credit growth target by 1-2 per cent from the original 17-18 per cent for 2017, the Bao Viet Securities Company (BVSC) said.
non performing loans at banks vary

Non-performing loans at banks vary

The ratio of non-performing loans (NPLs) at banks in the first quarter of this year is was varied, according to a daily report by Bao Viet Securities Corp (BVSC).
pan farm enlists ifc daiwa as new investors

PAN Farm enlists IFC, Daiwa as new investors

The International Finance Corporation (IFC), a member of the World Bank Group and Daiwa-SSIAM Vietnam Growth Fund II, co-managed by Daiwa Corporate Investment under Daiwa Securities Group and SSI Asset Management under Saigon Securities Inc. (SSI), are new investors in The PAN Group’s agriculture business, PAN Farm JSC.
hsc announces goals for 2017

HSC announces goals for 2017

The HCM Securities Corporation (HSC) aims to achieve total revenue of VND1.01 trillion (US$44.3 million) this year, up 23 per cent year-on-year, with the goal for after-tax profit set at VND391 billion, up 19 per cent.
ssi to issue bonds worth vnd300 billion again

SSI to issue bonds worth VND300 billion again

Saigon Securities Incorporation (SSI) has decided to issue bonds worth VND300 billion (US$13.3 million) to financial and credit institutions.
derivatives interest many investors

Derivatives interest many investors

Derivatives products will be available for trading in the Viet Nam’s securities market in less than a month, and institutional investors seem highly interested in the new products, reported vtv.vn on Thursday.
march record new foreign investors granted trading codes

March: Record new foreign investors granted trading codes

The Vietnam Securities Depository (VSD) in March granted a total of 228 securities trading codes to foreign investors, of which 188 were individuals and 40 were institutional investors.
hsc seeks to scrap cap on foreign ownership

HSC seeks to scrap cap on foreign ownership

HCM Securities Corporation (sticker HCM) is seeking its shareholders’ approval to scrap the foreign ownership cap of 49 per cent to pave way for the company to be wholly foreign invested.
banks cautious about business targets in 2017

Banks cautious about business targets in 2017

The season of annual shareholders meeting will begin next month and commercial banks have been cautious while setting business targets for this year in the context of slow bad debt settlement and high risk provision, Dau tu chung khoan (Securities Investment) newspaper reported.
earning reports foreign buys to boost stocks

Earning reports, foreign buys to boost stocks

Vietnamese shares will continue to rise this week, according to securities analysts and brokerage companies, as foreign investors buy local assets. Positive first-quarter earnings reports and macroeconomic indicators to be released soon are also expected to influence this trend.
central bank injects more money into market

Central bank injects more money into market

State Bank of Viet Nam made a net cash injection of VND16 trillion (US$704.8 million) via open market operations in the past week to support liquidity of the banking system, Bao Viet Securities Co (BVSC) reported.
sai gon ha noi brokerage plans 26m bond issue

Sai Gon - Ha Noi brokerage plans $26m bond issue

Sai Gon-Ha Noi Securities Joint Stock Co’s managing board has approved a plan to issue bonds worth VND600 billion (US$26.3 million) to raise capital to finance its margin lending business.
ib securities to issue 2667m of bonds

IB Securities to issue $26.67m of bonds

The Ha Noi-based IB Securities JSC plans to issue VND600 billion (US$26.67 million) worth of bonds in 2017.
planning in a time of unseen variables

Planning in a time of unseen variables

How will US President Trump’s policies affect Vietnam’s inbound foreign investments, trade, and forex rates? Barry Weisblatt, head of research at Viet Capital Securities, digs into the question on everyone’s minds.