Call it a self-fulfilling prophecy, but as soon as Dragon Capital director Dominic Scriven said this week that it was too early to expect a sustained rally, the nation's stock market on Mar. 16 began to show instability.
Stocks sustained gains on the HCM Stock Exchange on March 14, but sank on the Hanoi bourse.
Stocks tumbled on March 8 following the 10 percent hike in petrol prices the day before setting off new fears of an inflationary spike.
Heavy profit-taking cut short the rally on both of the nation's stock exchanges on March 7, with the VN-Index declining by 2.67 percent to close the session at 445.00 points.
M&A (merger and acquisition) activities in Vietnam were forecast to continue rising this year, particularly in the partnership with Japan, heard a seminar on attracting IPO and M&A partnerships between Japanese and Vietnamese enterprises held on Mar. 6 in Hanoi. Although the total number of M&A deals decreased from over 340 in 2010 to around 250 last year, the total value of the deals more than doubled during the period, increasing from 1.7 billion USD in 2010 to 4 billion USD in 2011, said Nguyen Anh
Stocks continued to soar on the nation's stock exchanges on Mar 2, with the combined value of trades reaching 2 trillion VND (95.2 million USD).
Nearly two-thirds of listed stocks posted gains on the nation's stock exchanges on Feb. 27, lifting benchmark indices.
The VN-Index erased earlier gains in the final minutes of Feb. 24's trading on the HCM City Stock Exchange to close at 423.43, essentially unchanged from the previous session. By the end of the morning, however, advancers still outnumbered decliners by nearly two-to-one.
The VN-Index added another 1.3 percent in value to end Feb. 23's session at 423.89 points.
Shares increased on both of the nation's stock exchanges on Feb. 20 on renewed investor hopes that the country might be seeing a subsidence of inflationary pressures and a concomitant easing in interest rates.
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Employees harvest whitened-leg shrimps in the Hung Bien Ocean Items Co Ltd within the central province of Quang Binh. The draft amended Work Code, that was talked about through the NA yesterday, is anticipated to make sure workers' proper privileges including salaries, overtime and maternity leave. — VNA/VNS Photo Huy Hung HN — The Nation's Set up talked about a variety of concerns associated with work issues throughout a session which was
HN — Pm Nguyen Tan Dung yesterday confirmed that Viet Nam always supported co-operation between its relevant agencies and also the Inspection Commission from the Lao Individuals Revolutionary Party Central Committee and also the Government Inspectorate of Laos. Dung made the statement while finding the commission mind, Inspector-General Bounthong Chitmany.Dung stated co-operation would concentrate on training human assets within the sector in addition to swapping encounters within the combat and protection