Dollar weakens ahead of Fed rate decision

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Báo Đầu Tư English 1 week(s) ago

Dollar weakens ahead of Fed rate decision

The dollar extended losses against the euro and pound on Tuesday after disappointing US economic data helped cement expectations the Federal Reserve will leave interest rates unchanged the next day.

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Beverage firms extend losses

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Báo Đầu Tư English 1 week(s) ago

Beverage firms extend losses

Vietnamese shares continued to fall on both local markets yesterday to extend losses from Tuesday, led by the food and beverage industry.

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VTV ponders K+ paid TV service divestment

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Báo Dân Trí English 1 week(s) ago

VTV ponders K+ paid TV service divestment

State-owned Vietnam Television (VTV) may divest from K+ paid TV following continuous losses at the satellite TV service.

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Vietnam’s Viettel African divisions net $116mn in losses for 2015: report

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Báo Tuổi Trẻ English 1 week(s) ago 1 related news

Vietnam’s Viettel African divisions net $116mn in losses for 2015: report

The African sector of Vietnamese telecom giant Viettel was hit by over US$115 million in losses last year due to rising financial expenses and exchange losses, according to the military-run company’s latest financial report.

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Government may sell stake in Canal+ joint venture

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Báo Đầu Tư English 1 week(s) ago

Government may sell stake in Canal+ joint venture

Vietnam Television (VTV), which represents the state capital in Vietnam Satellite Digital Television (VSTV) - the joint venture with French pay TV operator Canal+ Group, said it may have to ask for permission from the prime minister to sell its stake, according to newswire vneconomy.vn.

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Vietnamese stock gauge breaks through barrier after rally: chart

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Báo Thanh Niên English 3 week(s) ago

Vietnamese stock gauge breaks through barrier after rally: chart

Vietnam’s benchmark VN Index topped its 200-day moving average on Monday, a trading pattern seen by technical analysts as a bullish sign. The last time that happened, on Oct. 6, the stock benchmark surged more than 5 percent in a month. The Vietnam measure has rallied 11 percent from this year’s low on Jan. 21, wiping out earlier losses for 2016, as the government’s forecast for the fastest economic growth in almost a decade drew investors.

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China may have $1.3 trillion of risky loans, IMF report shows

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Báo Thanh Niên English 2 week(s) ago

China may have $1.3 trillion of risky loans, IMF report shows

China may have $1.3 trillion loans extended to borrowers that don’t have sufficient income to cover interest payments, with potential losses equivalent to 7 percent of the country’s gross domestic product, according to the International Monetary Fund.

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Vietnam shares put on warning list

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Báo Đầu Tư English 3 week(s) ago

Vietnam shares put on warning list

HCM City and Ha Noi stock exchanges this week put shares of many companies on the warning list or under supervision, due to their losses.

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PetroVietnam appoints saviour for ailing fibre subsidiary

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Báo Đầu Tư English 1 month(s) ago

PetroVietnam appoints saviour for ailing fibre subsidiary

Vietnam's state-run oil and gas group PetroVietnam has recently appointed a new general director cum chairman of the board of directors to take charge of its ailing $325 million polyester fibre and yarn factory PVTex Dinh Vu Joint Stock Company (PVTex), according to newswire Vnexpress.

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Eximbank's stock faces restriction after losses uncovered

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Báo Thanh Niên English 1 month(s) ago 1 related news

Eximbank's stock faces restriction after losses uncovered

The Ho Chi Minh City Stock Exchange has issued a warning against partly-private lender Eximbank after an inspection found accounting violations and led to the bank declaring losses for two consecutive years.

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HoSE puts EIB shares on warning list

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Báo Đầu Tư English 1 month(s) ago 1 related news

HoSE puts EIB shares on warning list

HCM Stock Exchange (HoSE) put shares of the Viet Nam Export Import Bank (EIB) on the warning list due to its accumulated losses over two consecutive years.

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Fisheries firm execs arrested for fraud loans worth millions

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Báo Thanh Niên English 1 month(s) ago

Fisheries firm execs arrested for fraud loans worth millions

The Ministry of Public Security has arrested the director of a fisheries company in Can Tho city and his accountant for fraudulently borrowing millions of dollars from banks and cooking their company’s books to conceal their wrongdoing.

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VN stocks slide further, led by brokers, insurers

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Báo Đầu Tư English 1 month(s) ago

VN stocks slide further, led by brokers, insurers

Vietnamese shares extended their losses on both local exchanges this morning, led by brokers and insurance companies.

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Local shares end lower this morning

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Báo Đầu Tư English 1 month(s) ago

Local shares end lower this morning

The local market experienced losses this morning due to the fall of two large caps, PetroVietnam Gas Joint Stock Corporation (GAS) and Bank for Foreign Trade of Vietnam (VCB).

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HAGL attempts to offset home losses by foreign expansion

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Báo Đầu Tư English 1 month(s) ago

HAGL attempts to offset home losses by foreign expansion

Hoang Anh Gia Lai Group (HAGL) continues to expand to foreign markets in the context of its troubling business results at home.

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