GBS - The Hong Kong-based GaoLing Fund has bought a 24% share in Bien Hoa Vinacafe (VCF) for VND877.5 billion.
GBS - Markets finished mixed at the end of the November 28 session, with liquidity declining over the previous day's trading.
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 - 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.