Vietnam Stock Exchange to be established

Vietnam Stock Exchange to be established

Prime Minister Nguyen Xuan Phuc has approved the project to establish Vietnam Stock Exchange with head quarter locating in Hanoi by reorganizing the Hanoi Stock Exchange and Ho Chi Minh City Stock Exchange.

An investor follows transactions at Sai Gon Securities Inc (SSI) in Hanoi. (Photo: VNA)

Shares gain on oil and banking stocks

Vietnamese shares posted a strong comeback on February 12 after a two-day collapse, due to strong investor interest in large-cap stocks that led the market upturn on expectations of good earnings reports.
An overview of FLC Luxury Hotel ​Quy Nhon in ​Binh Dinh province - one of the projects for which FLC Faros Construction Corporation (ROS) is the main contractor. (Photo: FLC)

Banks recover, but investors wary

Shares slowed their decline on July 18 as banks recovered, but the market is still exposed to short-term downward corrections on rising investor caution.