GBS - Shares continued their upward trend on both stock exchanges on May 28 as blue chip rallies propped up the markets.
GBS - The banking sector is likely to see a series of merger and acquisition deals in the next few months after a series of banks announced their plans to merge with other credit institutions.
GBS - The 18-day flow of money into Vietnam ’s stock market suggests overseas money managers are unfazed amid concern that anti- China riots in the country will deter foreign investment and curb economic growth, read a story published by Bloomberg on May 19.
GBS - Banks are optimistic and willing to offer low-interest loans as the State Bank of Vietnam (SBV) lowered its caps for the first time this year, according to the English language online newspaper dtinews.
GBS - Continuous foreign buying last week helped cushion the market fall on both the nation’s exchanges.