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Shares on the HCM City Stock Exchanges continued to decline yesterday as selling pressure increased due to a lack of supportive news.

Vietnamese have a very high level of optimism about the future that makes the outlook for Vietnamese consumer spending exciting, according to an economist from ANZ.

Ông chủ Facebook - Mark Zuckerberg - được cho là đã đặt hàng một chiếc Pagani Huayra

After relatively good quarterly figures, the office market in Hanoi and Ho Chi Minh City is becoming much more competitive with the entry of new supply. According to CBRE Vietnam, asking rents in Hanoi continued to decrease across the market, achieving an average of $21.8 per square metre per month.

Viet Nam’s first domestic exchange-traded fund, the VFMVN30 ETF, attracted major interest right yesterday, the day it received the licence for its initial public offering.

Stocks continued to rise on the HCM City Stock Exchange yesterday but the growth slowed down as profit-taking pressure rose.

Large corporations have been silently pouring their money into other business fields after they can get a firm foothold in their core fields.

Viet Nam’s exports to the United Arab Emirates in the first five months rose 27 per cent year-on-year to an estimated US$2.03 billion, making the Emirates the country’s fifth largest market, according to the General Department of Viet Nam Customs.

The US Department of Commerce (DOC) has announced the preliminary findings on its administrative review for anti-dumping duties on tra fish fillets imported from Viet Nam.

The shares of Dau Tu The Gioi Di Dong Jsc, (Mobile World Investment Corporation or MWI Corp) will be officially traded on the HCM City Stock Exchange from July 14.

Vietnam’s heavy dependence on the US dollar gives it few policy choices, the Vietnam Business Forum’s Macro-economic Policy Working Group (MAG) has commented.

A majority of consumers in Viet Nam prefer large, modern stores when they shop for high-tech electronic products, according to analysts.

Robust growth of speculative stocks, particularly realty, construction and securities, helped push up both stock indices and liquidity on the two exchanges last week.

SCVivoCity, a shopping mall that will open in the first half of next year in HCM City’s District 7, has already managed to lease out half its 41,000sq.m. net lettable area.

The office market sector was more competitive in the second quarter, with the entry of new supply in Ha Noi and HCM City, particularly for Grade B office buildings, real estate firm Cushman & Wakefield Viet Nam has reported.

Sai Gon Securities (SSI) continued to lead the southern bourse by brokerage market share in the second quarter of 2014, up 1.43 per cent in comparison with the previous quarter.

Inspite of the heavy competition between 50 domestic and foreign-owned instant noodles producers and manufacturers, Viet Nam’s instant noodles market continues to flourish.

Europe’s top banking regulator on Friday called on the region’s banks not to deal in virtual currencies such as Bitcoin until rules are developed to stop them being abused.

The private sector should be encouraged to work with the rural and ethnic poor, country director of the Swiss Agency for Development and Co-operation in Viet Nam, Samuel Waelty, said yesterday.

Several Vietnamese goods have gained a firm foothold in the domestic market with 70 percent of Vietnamese consumers putting their trust in local goods.