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Will Vietnam become an emerging market in three years?

VietNamNet Bridge - The Vietnamese stock market has been listed by Morgan Stanley Capital International (MSCI) as a frontier market. Will it be upgraded into an emerging market in three or five years?

Investors rush to collect shares in new stock market investment wave

VietNamNet Bridge - A big change in policy has made this the right time for investors to inject money into shares.

BUSINESS IN BRIEF 1/9

Rice industry urged to change production custom; VN targets $3.5b worth rice exports by 2020; General economic census across VN to be conducted from March 2017: PM

Dirt-cheap stocks yield 400 percent profit

VietNamNet Bridge - While leading large conglomerates have decided not to pay dividends or delay payments, small companies whose shares are dirt-cheap are paying high dividends to shareholders. 

Investors rush to divest from banks

VietNamNet Bridge - Many investors, big and small, now are offering to sell bank stakes, but cannot find buyers even though the selling shares are lower than face value. 

Bank stocks seen propping up market this year

 Brokerages have said bank stocks will continue supporting the equity market this year but are not main drivers as lenders are facing a slew of challenges.

Developers pull markets down

Vietnamese shares were mixed on the two local exchanges yesterday, while investors tried to take profits from advancing stocks.

Two stock bourses agree to build a common index

 VietNamNet Bridge – Viet Nam’s two stock bourses yesterday agreed to jointly build a common index as a step towards developing the country’s securities market.

Foreign investors to return in second half of year

VietNamNet Bridge - The continued net sales by foreign investors has raised big concerns. However, experts have said the net sales would end by June.

Fast food chains’ development has slowed down

VietNamNet Bridge - The closure of many fast food shops in recent days has raised a question if the Vietnamese fast food market has become saturated and no longer attractive.

Foreign capital flow unpredictable

VietNamNet Bridge - Foreign investors have been selling more than buying in the Vietnamese stock market. However, analysts still believe the foreign capital inflow to Vietnam will increase in 2016. 

VND100 capital can yield VND110 profit

VietNamNet Bridge - While thousands of businesses have had to struggle to survive the recession, many businesses have been prospering. With VND100 in capital, they can make VND110 in net profit. 

Vietnam’s exports too reliant on Samsung

VietNamNet Bridge - Vietnam’s economy has been heavily relying on Samsung, whose export turnover accounts for a large proportion of Vietnam’s total export revenue.

Oil price fall places PetroVietnam in big difficulty

VietNamNet Bridge - The ‘oil worry’ has spread to financial circles, mostly commercial banks which have provided funds to PetroVietnam’s projects.

TV subscription fee in Vietnam cheaper than breakfast

VietNamNet Bridge - Television stations have lowered subscription fees in a scramble for subscribers.

Shareholders’ meeting season starts, businesses pocket big money

VietNamNet Bridge - Managers of large conglomerates are believed to pocket hundreds of billions of dong worth of dividends this year. Many of them have been leading simple lives and doing big business.

Vinalines plans to sell floating dock at knock-down prices

VietNamNet Bridge - The Vietnam National Shipping Lines (Vinalines) has asked for the Ministry of Transport’s permission to sell an 83M floating dock for VND34.8 billion, or $1.5 million. 

Universities train students according to business orders

VietNamNet Bridge - In an effort to improve the training quality and reduce the unemployment rate, many universities and junior colleges haven decided to train students according to orders set by businesses.

Vietnamobile, Gmobile to heat telecom market

New investment plans have been prepared by foreign investors for Vietnamobile and Gmobile with hopes of remapping the telecom market, which has been dominated by big Vietnamese players.

Mekong Delta deals with natural disasters, new hydropower dams

This year’s historic drought and saltwater intrusion have been mostly caused by the extreme El Nino weather phenomenon. If the 11 hydropower dams in Mekong upriver become operational, Vietnam’s Mekong Delta will bear a ‘double disaster’.