Topic: stock market

Strategy aims to shore up stock market as important medium and long-term capital mobilization channel for the economy.

Exchange also introduces visiting PM to leading officials and representatives from several businesses.

Trading system capable of handling 3-5 million orders a day.

Move attributed to bank interest rates growing in appeal.

Resolution on socio-economic development plan gives priority to macro-economic stability and inflation control.

The securities sector will focus on overhauling regulations and improving market quality.

Despite unpredictable fluctuations around the world and the trend of cash flows shifting back to developed economies, foreign indirect investment (FII) has not yet left Vietnam’s stock market.

The fall of 276 points during September has resulted in a decline in the VN-Index of 500 points since the beginning of the year; one of the largest in the world. Not only domestic individual investors lost and withdrew funds, with many foreign funds also reporting record losses.

A target has been set of there being at least 25 State-owned enterprises (SOEs) with equity or capitalization on the stock market in excess of $1 billion, of which ten are to have over $5 billion.

Before the State Bank of Vietnam decided to increase the operating interest rate from October 25, Yuanta said the increase would negatively affect the valuation of stocks. However, bank stock valuations remain very attractive.