Shares sink under pressure

Only four of the top 30 shares by market value and liquidity on the southern exchange advanced while 25 declined.

Listed auto retailers' shares suffer from low earnings According to the Vietnam Automobile Manufacturers’ Association, total auto sales in October exceeded 27,400 vehicles in October, down 3 per cent year on year.

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.

Shares retreat on profit-taking

Vietnamese shares ended in negative territory as large-cap stocks continued to suffer from an increase in investors’ profit-taking.

Banks lower savings rates but base rate could still be high Several local banks have reduced their interest rates in recent days, going against the banking sector’s general year-end trend of increasing rates to boost earnings.

Blue-chips dip as supply soars The VN-Index slumped on Wednesday as supply increased in the afternoon trading session, causing blue-chips to lose ground.

KEB Hana Bank becomes BIDV’s strategic shareholder

South Korea’s KEB Hana Bank has officially become a foreign strategic shareholder in the Bank for Investment and Development of Việt Nam (BIDV) following a cooperation agreement with the two sides inked on Monday.

National Assembly rejects bank capital hike proposal The proposal was presented by the NA Economic Committee Chairman Vũ Hồng Thanh on Monday as a part of the socio-economic development plan for 2020.

Profit-taking sends stocks down Shares retreated in the final minutes of trading on Monday as investors looked to take profits after the market had gained substantially in recent weeks.

PPP regulations to be changed to serve development

More than per 76 per cent of current investment projects following public private partnerships (PPP) are in the field of transport infrastructure, but investors still feel insecure.