citi parnters with horizon securities corp

Citi parnters with Horizon Securities Corp.

Citigroup on July 1 announced that it had acquired a 9.9 per cent stake in Vietnam’s Horizon Securities Corporation, subject to regulatory approval.
boa sets aside 14 billion to settle mortgage mess

BoA sets aside $14 billion to settle mortgage mess

Bank of America said Wednesday it would set aside $14 billion to settle claims from angry investors for losses on dodgy mortgage-backed securities whose collapse triggered the 2008 financial crisis.
market slaps firms

Market slaps firms

Local brokerage firms are being smacked with larger-than-expected losses because of an ailing stock market over the past two months.
foreign firms bite into petrovietnam

Foreign firms bite into PetroVietnam

The Vietnam National Oil and Gas Group (PetroVietnam) has signed deals to sell stakes in real estate and securities companies to partners from the Republic of Korea (RoK) .
rok firms to buy stake in petrovietnam subsidiaries

RoK firms to buy stake in PetroVietnam subsidiaries

The Vietnam National Oil and Gas Group (PetroVietnam) has signed deals to sell its stake in real estate and securities companies to the Republic of Korea (RoK) partners.
margin calls loom as june 30 draws near

Margin calls loom as June 30 draws near

Equities investors are concerned over a new wave of margin calls this month as the deadline for non-production loan limits approaches.
radical shift floated for bourse development

Radical shift floated for bourse development

The government should consider splitting the State Securities Commission from the Ministry of Finance as an independent agency in order to speed up the local stock market’s development.
property moves with the times

Property moves with the times

It’s proving to be a tough year for the property sector. With the government tightening monetary policies and squeezing credit lines for property trading, not to mention a jump in the interest rates of property credit to more than 20 per cent per year, can listed realty companies really hit their targets this year? Nguyen Minh Hanh, an analyst with PetroVietnam Securities Incorporated, shares her views with VIR.
killing two birds with one stone

Killing two birds with one stone

State Securities Commission announced to intensify supervisions of enterprises that are set to delist in a bid to stabilise the market sentiment.
hnx plummets to historic low

HNX plummets to historic low

Hanoi Stock Exchange (HNX) hit an historic low on Friday reaching 76.98 points.
hanoi reaches deal with shenzen bourse

Hanoi reaches deal with Shenzen bourse

Hanoi Stock Exchange on May 18 inked an agreement with the Shenzen Stock Exchange, aiming to facilitate communication and foster the maintenance of orderly securities markets in Vietnam and China.
brokerages feel heat from hot blow torch

Brokerages feel heat from hot blow torch

Big spending bank-backed securities firms are feeling the debt pinch with the local stock market still in the doldrums.
capital securities firms lift northern bourse

Capital securities firms lift northern bourse

Securities companies’ shares rallied on the Hanoi Stock Exchange Monday pulling up the bourse.
nations bourses may merge

Nation's bourses may merge

Securities watchdogs are considering different proposals to merge the HCM City and Hanoi stock exchanges, or establish a parent company which would hold both bourses, says Nguyen Son, head of the Market Development Department of the State Securities Commission.
attacking inflation key to a recovery

Attacking inflation key to a recovery

There is both positive and negative news for the equity market in May, although none of it is predicted to be significant.