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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 market was boosted by foreign investors acting as net buyers, with value increased throughout the week, which helped the VN-Index to rebound.

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 - Ho Chi Minh City Stock Exchange witnessed a strong rebound yesterday in both liquidity and benchmark indices, while the Hanoi market suffered from profit-taking pressure and closed down.

GBS - After loss on February 17, the VN-Index edged up on the following day as selling pressure eased and investor confidence improved.

GBS - The Hong Kong-based GaoLing Fund has bought a 24% share in Bien Hoa Vinacafe (VCF) for VND877.5 billion.

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