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Update news Vietnamese stock market
Investors may want to brace for a bumpy trading week as the Vietnamese stock market is still vulnerable to the unpredictability of global shocks in geographic, political and economic conditions.
The Vietnamese stock market last week suffered after having rallied for four consecutive weeks amid negative news from the international markets.
The State Securities Commission (SSC) is working with relevant ministries and agencies to issue specific guidance to facilitate foreign direct investment (FDI) firms in listing on the Vietnamese stock market.
The Ho Chi Minh Stock Exchange (HOSE) held the first trading session of covered warrants (CWs) on June 28, marking the debut of this type of securities product on the Vietnamese stock market.
Covered warrants (CWs) will be officially listed and traded on the Vietnamese stock market from June 28, according to the State Securities Commission of Vietnam (SSC).
VietNamNet Bridge – After performing quite well in the first trading week after returning from a week-long Tet holiday, market volatility is in focus this week with strong profit-taking possible following the rallies of local stocks.
VietNamNet Bridge – Total value of stock market capitalisation in the first 10 months was equal to 61 per cent of Viet Nam’s gross domestic product,
VietNamNet Bridge - The Vietnamese stock market has been hot these days with the VN Index breaking new records. However, it is still far below other frontier markets in the region.
VietNamNet Bridge – Chairman of the State Security Commission of Vietnam (SSC) Vu Bang has said that the goal of Vietnamese stock market for this year is stability in stead of growth because of many negative impacts abroad.
VietNamNet Bridge - Marc Farber, the internationally famous investor, has advised securities investors to forget about China and go to Vietnam instead.