The Viet Nam Financial Consulting Association (VFCA) has recently asked for securities transactions to be suspended during massive sell-off sessions to stabilise the market.
Vietnamese shares were hit hard on Thursday as a no-deal summit between the US and the Democratic People’s Republic of Korea (DPRK) struck investors hard and spread a massive sell-off across the trading board.
Vietnamese shares tumbled on Thursday morning, dragged down by negative investor confidence after global markets were rocked by a sell-off in US stocks.
Vietnamese shares experienced the third strongest turbulence in a week on Friday morning as investor confidence was hit by a fresh fall in the global market.
Vietnamese shares tumbled on Monday morning as investors increased selling on the market’s prolonged rally and due to negative trading in the global market.
Shares returned to positive trading on Thursday morning as investors went after stocks that were hit by the large-scale sell-off in the previous session.
FPT Corporation, Viet Nam’s largest information and technology (IT) group, will conclude the selling of its retail unit FPT Shop next year, ICTnews reported yesterday.
Bank for Foreign Trade of Viet Nam (Vietcombank) on October 24 secured approval to sell non-convertible bonds worth VND2 trillion (US$89.3 million) at par value.
Hai Duong Provincial People''s Committee have authorised the Bank for
Investment and Development (BIDV) and Sai Gon Ha Noi Commercial Joint
Stock Bank (SHB) to sell off the Viet Hoa-Kenmark Industrial Zone.
PetroVietnam Power Corporation (PV Power) plans to sell its entire 2.88
million shares or 7.85 percent stake in affiliate EVN International JSC
in Ha Noi on August 1.