Local shares to fluctuate due to lack of good news

Shares look set to fluctuate next week due to a lack of supportive information and cautious sentiment triggered by a mixture of news from the world market, brokerages have predicted.

VN-Index drops for third day, dragged down by heavyweight stocks Blue chips diverged when 13 of the top 30 largest shares by market value and liquidity on the southern bourse gained and 12 advanced.

VN stocks up slightly as CPI moves forward Vietnamese shares moved up little on Thursday as retailers and food companies were boosted by the increase of August consumer price index (CPI).

Banks face big capital burden despite dividend plan A plan to allow large Vietnamese State-owned commercial banks to pay dividends in shares or retain dividends would help them accumulate capital and meet regulatory minimum capital thresholds, Fitch Ratings said on Friday.

Shares likely maintain uptrend

Vietnamese shares are expected to continue rising this week, propped up by a string of positive news for the market and domestic economy.

VN should reform amidst strong growth, says IMF

Việt Nam should undertake more ambitious reforms to tackle remaining distortions and capacity constraints, increase investment and reduce the external surplus amidst strong economic growth, the International Monetary Fund (IMF) recommended in its 2018 Article IV consultation with Việt Nam released recently.

Việt Nam remaining a frontier market: MSCI

Morgan Stanley Capital International (MSCI) has decided to hold Việt Nam’s staus in the equity market in the Frontier Markets Index until 2019.

SOEs to divest from banks on positive market outlook

Many State-owned enterprises are seeking to divest from commercial banks this year, as forecasts for the local stock remain positive.

Banks turn a market dampener

Shares unexpectedly edged down yesterday despite positive morning performance as leading bank stocks lost steam on cautious sentiment ahead of the Tết (Lunar New Year) holiday which starts next week.

Transport infrastructure attracts Korean businesses

Transport infrastructure is an attractive investment field in Việt Nam while the acceleration of equitising State-owned enterprises in the country will create brilliant opportunities for businesses from the Republic of Korea (RoK).