GBS - The development of the corporate bond market in Viet Nam has fallen short of its potential due to the lack of an effective credit rating system, according to financial analysts.
GBS - Total assets for the banking industry reached 5,225 trillion VND (237.51 billion USD) by the end of May, the highest level since the State Bank of Vietnam (SBV) decided to disclose the figure in June 2012.
GBS - Share markets in Hanoi and Ho Chi Minh City took a tumble on July 25 with both markets reporting a decline in trading value.
GBS - Stock indexes in Vietnam’s both bourses fell back on July 24. On the HCM Stock Exchange, amongst the 30 largest stocks in terms of capitalisation and liquidity, only logistics company Gemadept (GMD) finished in the black. Three others, including the Military Bank (MBB), Sacombank (STB) and property developer Vingroup (VIC), remained unchanged. However, ten blue chips dropped between 2-4 percent.
GBS - Vietnam's bonds fell on Monday, with yields at the highest level in about eight weeks as a run of foreign selling continued and investors switched to more attractive options, traders said.