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Vietnam Exports 102,759 MT Pepper in Jan-Oct 2012

The export value increased 9.5% (60.6 million USD) and reached $697 million of which black pepper ushered in $564.4 million and white pepper $132.2 million. From the beginning of January to end of October, Vietnam exported 102,759 metric tons (mts) of pepper which included 88,435 mts black pepper and 14,324 mts white pepper, the total […]

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Nov 14: Foreigners Net Sell on HSX, Still Buy on HNX

Foreigners changed to net sell Vietnamese shares on the Hochiminh Stock Exchange but they remained net buyers on the smaller cap bourse Hanoi Stock Exchange. These players net sold VND10.75 billion worth o f shares on HSX after buying 1.63 million shares for VND41.24 billion and selling 3.05 million units for VND51.99 billion, accounting for 12.86% buying value and 16.21% selling value. Foreigners’ top net buying shares were KDC( VND6.4 billion), GAS(VND4.8 billion), VCB(VND4.4 bill ion), SBT ( VND2.2 billion), DPM(VND2 billion). Today, foreigners’ top net selling shares were MBB(-VND17.4 billion), HAG( -VND8 billion), STB(-VND3.2 billion), SJD(-VND2.9 billion) and…

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Nov 14: Vietnam Stocks Close Mixed, Liquidity Falls

Vietnamese shares closed in a mixed note today with draining liquidity as investors eyed government’s steps to boost ailing economy, large cap buoyed the Southern bourse. The benchmark VN Index added 2.49 points or 0.65 % to 387.71. Volume fell further by 16%to 24 million shares worth of VND320.8 billion. Put through trading contributed 1.9 […]

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Nov 14: UPCoM-Index Rises

The UPCoM-Index, the measure of 131 unlisted public companies closed higher today. The index added 0.04 point or 0.1% to 40.87. The market volume rose to 450,192 shares worth of VND2.56 billion. Market breadth was positive with 17 gainers, 7 losers, 4 unmoved, and the rest untraded. SDV was the biggest gainer, climbing 10% to finish at VND5,500 on a trade of 100 shares. CTH was the biggest loser, erasing 9.5% to close at …

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Vietnam Govt Budget Income At 3/4 Of Yr Estimate

The Ministry of Finance reported that in the first ten months of this year, the total state budget revenue was 76.2 percent of the year’s estimate while the total state budget spending was 78.8 percent of the year’s estimate. Investment capital disbursement from the state budget was estimated at about 76.2 percent of the year’s […]

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Soybeans Climb as U.S. Shipments Increase; Corn, Wheat Advance

Soybeans rose for a second day, rallying from a four-month low, on signs demand for U.S. supply is increasing as dry weather in Brazil and excessive rains in Argentina may hurt crops in the world’s biggest growing region. The contract for January delivery gained as much as 1.3 percent to $14.2575 a bushel on the […]

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Gold to Gain to $2,000 on Money Printing, Deutsche Bank Says

Gold will probably rally to a record above $2,000 an ounce next year as central banks ramp up stimulus to sustain the recovery, according to Raymond Key, London-based global head of metals trading at Deutsche Bank AG. “We’ll take out $2,000, we’ll go higher,” Key said in an interview in Hong Kong, where he attended […]

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Oil Drops for Second Day as IEA Lowers Demand Forecast

Oil dropped for a second day as the International Energy Agency cut its demand estimate and U.S. inventories were expected to reach a three-month high. Prices fell 0.2 percent after the IEA lowered its forecast for the fourth quarter for a second time, citing weakness in Europe’s economy and disruption to U.S. fuel delivery by […]

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Phu Quoc Island Determined to Become Special Economic-Administrative Zone

Kien Giang has proposed recommendations to the Government on the application of mechanisms and policies with a view to turning Phu Quoc Island into a centrally-run, special economic-administrative zone by 2020. The province has submitted its proposal to the Prime Minister to request the Politburo to issue a resolution on the development of Phu Quoc Island as to 2020. For sectoral development planning, focus will be laid on review and amendment of the planning to make it responsive to the master planning approved by the Prime Minister. Also, the province will be entitled to flexible mechanism, which allows adjustment of…

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