Insurers keep cash bonus, but rates get lower in 2020

As economies are being ravaged by the pandemic COVID-19, local companies are trying to secure cash to prepare for a rough period ahead

Opportunities still exist but market will struggle to make big advance

According to Việt Dragon Securities Company (VDSC), given that many countries have gradually resumed economic activities, there will be more workload for Việt Nam.

Real estate companies lose trillions of đồng due to COVID-19 Reduction in share prices of many real estate businesses due to the novel coronavirus (COVID -19) outbreak has made those firms lose thousands of billion đồng in their market capitalisation value.

Margin lending rates cut to support investors Securities firms are cutting margin lending interest rates to help investors deal with a bear market caused by coronavirus panic.

KIS Vietnam Empowers its broker consultants with FiinTrade Platform On January 8th, 2020, KIS Vietnam Securities Corporation (KIS) has partnered with FiinGroup JSC to equip KIS’s broker consultants with FiinTrade Platform by FiinGroup with an aim to improve KIS securities services.

New code of conduct to be introduced in 2020 for brokers and securities firms A new code of conduct will be introduced in 2020 to improve the ethical standards of brokerage firms and brokers, according to the Vietnam Association of Securities Businesses (VASB).

Securities stocks lose shine for investors Shares in securities companies seem to have lost their shine for investors in the face of fierce competition from foreign-invested firms.

Dung Quất steel project likely change Hòa Phát’s market share Hòa Phát Group’s Dung Quất project will increase steel supply, leading to change market shares of steel firms on the domestic market, according to KIS Vietnam Securities Corporation (KIS).

Local brokerages rush to raise capital Vietnamese securities companies are looking to raise capital to supplement business activities and enhance operational efficiency.

Finance ministry warns of risks in high bond yield rates Bond issuance is becoming a popular channel for firms to raise capital for its efficiency and convenience. To attract investors, some companies have even raised bond yield rates higher.