Yuanta forecasts that the market benchmark VN-Index may fluctuate in the range of 1,440 – 1,512 points in the first half of March and gradually head back to the peak of 1,535 points in the second half of the month.
Profits of the banking industry in the third quarter of 2021 would decrease by 19 per cent compared to the previous quarter due to slowing credit growth and increasing provision expenses.
Brokerage Yuanta Securities Vietnam confirmed its commitment to ensuring prosperity to investors in the country’s financial market at a grandopening ceremony held in HCM City on Friday.
According to the Viet Nam Real Estate Brokers Association last year around 23,000 units of condotels, or condo-hotels, were offered for sale, and 65-70 per cent of them were snapped up. However, demand for condotels seems to be falling.
Brokerage firm Yuanta Securities Vietnam plans to issue 70 million additional shares to raise its charter capital to VND1 trillion (US$44.4 million) from the current VND300 billion.