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Posts Tagged ‘pressure’

VN-Index sinks under selling pressure

In Uncategorized on December 21, 2010 at 9:37 am

Vietnam’s benchmark VN-Index, which tracks 273 companies and five mutual funds listed on the Ho Chi Minh Stock Exchange, stumbled on December 20 as investors dumped shares heavily.

The gauge trimmed 1.44 percent, or 7 points, to close at 478.29 points.


Among the index members, 73 advanced, 155 retreated, while 50 remained unchanged.


Trading volume on the city bourse severely dropped over the previous trading session as around 66.94 million shares worth VND1.55 trillion changed hands.


Tan Tao Investment Industry Corporation (ITA) won the position of most active share by volume with 4.85 million shares changing hands.


It was followed by Saigon Securities Inc. (SSI), the country’s largest brokerage, with 4.44 million shares traded.


Saigon Thuong Tin Commercial Bank or Sacombank (STB) came in third with 4.19 million shares.


Seafood Joint Stock Company No4 (TS4) eliminated 4.96 percent to VND23,000.


Petrovietnam – Idico Long Son Industrial Park Investment Joint Stock Company (PXL) resumed losing trend, contracting 4.92 percent to VND11,600.


Construction Joint Stock Company No5 (SC5) tripped 4.89 percent to VND38,900.


Meanwhile, Nam Viet Corporation (ANV), and Phu Nhuan Jewelry Joint Stock Company (PNJ) edged up the daily maximum allowed limit of 5 percent to VND14,700 and VND35,700 respectively.


Vien Dong Pharmaceutical Joint Stock Company (DVD) leaped forward the second day, gaining 4.99 percent to VND40,000.


Sieu Thanh Joint Stock Corporation (ST8) surged 4.98 percent to VND23,200.


The Hanoi’s HNX-Index plunged 2.51 percent, or 3 points, to close at 116.7 points. Trading volume dropped to 47.2 million shares worth VND920.35 billion.


The UPCom-Index slipped by 0.51 points to 40.88 points this morning. A total of 192,164 shares changed hands at a value of VND1.89 billion.

Source: SGGP

S.Korea resists pressure to cancel live-fire drill

In Uncategorized on December 19, 2010 at 8:27 am

 South Korea Sunday resisted pressure from Russia and China to cancel a live-fire exercise on a frontier island bombarded by North Korea last month.


The North has threatened “disaster” if the South stages the drill on Yeonpyeong Island near the disputed Yellow Sea border, where four people were killed in November.


“We have no plan to cancel our exercise,” a South Korean defence ministry spokesman told AFP, adding the one-day drill may take place on Monday or Tuesday.

The sun rises over South Korean Navy Movement Sea Base (MSB) off the South Korea-controlled island of Yeonpyeong near the disputed waters of the Yellow Sea, on December 19

The flare-up, coming in the wake of nuclear-armed North Korea revealing a uranium enrichment programme, has sparked alarm around the world.


On Sunday, a South Korean military aircraft was flying over Yeonpyeong, with marines on patrol near their seaside barracks.


The foreign ministers of China and Russia held telephone talks Saturday and called for restraint on the Korean peninsula as the UN Security Council prepared to hold talks over the situation.


“China firmly opposes any actions to cause tension and worsen the situation, and demands both sides on the peninsula show calmness and restraint,” Chinese Foreign Minister Yang Jiechi said.


The Koreas must “carry out dialogue and contact, and completely avoid any actions that would fuel the tension,” Yang said.


China, North Korea’s sole major ally, has refrained from condemning Pyongyang over the bombardment despite calls for it to use its influence to intervene in the crisis.


The UN Security Council called a meeting for Sunday. Russia expressed anger that it was not organised earlier.


“We regret that. We believe that such a step by the president is a departure from the practice existing in the council,” Russia’s UN envoy Vitaly Churkin said.


The United States rejected criticism of the arrangements for the meeting.


“This meets other Security Council members’ requests to have time to consult with their capitals and meets the Russian request for a timely meeting,” said US mission spokesman Mark Kornblau.


The UN Security Council has yet to make any statement over North Korea’s artillery attack last month, which left two marines and two civilians dead and damaged dozens of homes.


China has blocked demands for a strongly worded statement against Pyongyang and talks over a text are now in deadlock.


The first shelling of civilian areas since the 1950-53 war sparked outrage in the South, which rushed more troops and guns to frontline islands.


North Korea Saturday predicted “disaster” if South Korea goes ahead with the artillery exercise.


A foreign ministry statement accused US troops — some 20 of whom who will take part in the drill — of providing a “human shield” for the event.

The North said the exercise “would make it impossible to prevent the situation on the Korean peninsula from exploding and escape its ensuing disaster”.

It said its military has already threatened “decisive and merciless punishment” for such an action and “does not make an empty talk”.

US State Department spokesman Philip Crowley on Friday defended the South’s right to hold the drill in the face of North Korea’s “ongoing provocations”.

He said Washington trusts that the South “will be very cautious in terms of what it does”.

US politician Bill Richardson, who is visiting Pyongyang, described the situation as a “tinderbox”.

Richardson, a veteran troubleshooter who has previous experience with the North, said he urged Pyongyang officials to let the South go ahead with the drill.

“I’m urging them extreme restraint,” the New Mexico governor told CNN, saying he was “very, very strong with foreign ministry officials” during a dinner on Friday.

Source: SGGP

Yearend dollar demand piles up pressure on local importers

In Uncategorized on December 16, 2010 at 10:05 am

Surging demand for the US dollars at yearend pushed the dollar/Vietnam dong exchange rate up to the highest ever of VND21,570 on the unofficial market on December 1st, which will hurt local importers badly.

(Photo: Minh Tri)


The surge usually come at the end of every year, when local businesses buy more shipments to prepare for the Lunar New Year season and foreign firms need to transfer dollars to their home. It’s also the due dates of other businesses, who have to pay US dollar debts.


Many commercial lenders are indirectly selling the greenback at higher rates than the State Bank of Vietnam’s regulated one by charging foreign currency transactions fee and cash counting fee and payment fee, many importers said. 


Local importers have to accept to pay those extra fees as they have no other choice, said Vietnam Young Business Association chairman Vo Quoc Thang.


They need to pay their foreign suppliers in time, so they are willing to buy dollars at high prices, he said. With purchase orders’ prices remaining unchanged, these extra fees generate big losses to the importers.


Do Duy Thai, general director of the steel maker Thep Viet, said commercial banks sell the greenback at the exchange rate of VND21,550 per one US dollar. “Both bank interest rate and the US dollar/Vietnam dong exchange rate are on a rise, leaving local businesses struggling to pay their imported shipments,” Thai said.


A director of a Ho Chi Minh City-based lender, who wanted to be unnamed, said banks bought dollars from exporters, who tried to take profits from the dollar’s surging demand by selling at high prices.


Therefore the lenders will incur losses if they sell dollars at the regulated rate, the director said.


The State Bank of Vietnam earlier announced it would continue to sell dollars to essential-product importers, but commercial banks said the supply didn’t meet the demand.


Dr. Tran Du Lich, member of the National Monetary Policy Consulting Council, recommended that the central bank should name the importers, who are allowed to buy dollars, so they don’t have to purchase at the unofficial market.


This move will also prevent local businesses from importing luxury products, which will widen the trade gap. Lich said. The central bank also has to strictly forbid illegal foreign currency exchanges, which are taking place at the so-called black market, he said.


Nguyen Hoang Minh, deputy director of  the State Bank of Vietnam’s Ho Chi Minh City branch, noticed speculators pushed the dollar/Vietnam dong exchange rates on the unofficial market up to cash in the rising demand.


Statistics of the branch shows that the amount of US dollar deposits reached VND188.2 billion (US$9 million), rising 12 percent so far this year. The amount of US dollar loans rose 35.4 percent to VND184.880 billion, according to the central bank’s HCMC branch.

Source: SGGP

Yearend dollar demand piles up pressure on local importers

In Uncategorized on December 16, 2010 at 10:05 am

Surging demand for the US dollars at yearend pushed the dollar/Vietnam dong exchange rate up to the highest ever of VND21,570 on the unofficial market on December 1st, which will hurt local importers badly.

(Photo: Minh Tri)

The surge usually come at the end of every year, when local businesses buy more shipments to prepare for the Lunar New Year season and foreign firms need to transfer dollars to their home. It’s also the due dates of other businesses, who have to pay US dollar debts.


Many commercial lenders are indirectly selling the greenback at higher rates than the State Bank of Vietnam’s regulated one by charging foreign currency transactions fee and cash counting fee and payment fee, many importers said. 


Local importers have to accept to pay those extra fees as they have no other choice, said Vietnam Young Business Association chairman Vo Quoc Thang.


They need to pay their foreign suppliers in time, so they are willing to buy dollars at high prices, he said. With purchase orders’ prices remaining unchanged, these extra fees generate big losses to the importers.


Do Duy Thai, general director of the steel maker Thep Viet, said commercial banks sell the greenback at the exchange rate of VND21,550 per one US dollar. “Both bank interest rate and the US dollar/Vietnam dong exchange rate are on a rise, leaving local businesses struggling to pay their imported shipments,” Thai said.


A director of a Ho Chi Minh City-based lender, who wanted to be unnamed, said banks bought dollars from exporters, who tried to take profits from the dollar’s surging demand by selling at high prices.


Therefore the lenders will incur losses if they sell dollars at the regulated rate, the director said.


The State Bank of Vietnam earlier announced it would continue to sell dollars to essential-product importers, but commercial banks said the supply didn’t meet the demand.


Dr. Tran Du Lich, member of the National Monetary Policy Consulting Council, recommended that the central bank should name the importers, who are allowed to buy dollars, so they don’t have to purchase at the unofficial market.


This move will also prevent local businesses from importing luxury products, which will widen the trade gap. Lich said. The central bank also has to strictly forbid illegal foreign currency exchanges, which are taking place at the so-called black market, he said.


Nguyen Hoang Minh, deputy director of  the State Bank of Vietnam’s Ho Chi Minh City branch, noticed speculators pushed the dollar/Vietnam dong exchange rates on the unofficial market up to cash in the rising demand.


Statistics of the branch shows that the amount of US dollar deposits reached VND188.2 billion (US$9 million), rising 12 percent so far this year. The amount of US dollar loans rose 35.4 percent to VND184.880 billion, according to the central bank’s HCMC branch.

Source: SGGP

Confidence and pressure

In Uncategorized on December 16, 2010 at 9:33 am




Confidence and pressure


QĐND – Saturday, December 11, 2010, 21:6 (GMT+7)


Development partners pledged US$7.9 billion in ODA for Vietnam in 2011 at the recent Consultative Group (CG) Meeting for Vietnam. The figure is roughly equivalent to last year’s commitment of US$8 billion. The issue now is how to use ODA effectively to avoid corollary of public debts.  

Vietnam has been recognised as a middle-income country (if annual per capita income of a country is US$950, Vietnam’s current level is now US$1,160).


Now that Vietnam has joined the global group of middle-income countries, bilateral and multilateral donors will have to find other ways of approach to provide ODA for Vietnam because the assistance policies for middle-income countries are different. This means that non-refundable aid will drop while loans with stricter conditions will increase. Consequently, Vietnam needs to manage ODA effectively so it can persuade donors to invest in the country.


The Country Director of the World Bank (WB), Victoria Kwakwa said that Vietnam is on the right track taking initiatives in its policies when it becomes a middle-income country. But the implementation of such policies remains a huge challenge. Donors agreed to hold talks with Vietnam to help it use ODA effectively without focusing on the actual amount, Mrs Kwakwa added.


Disbursement- an uphill task


Donors repeatedly mentioned the inefficient use of ODA by State-owned enterprises, citing the failure of the State-run Vietnam Shipbuilding Industry Group as an example. This has adversely affected Vietnam’s use of capital inflows including ODA. However, donors are still putting their confidence in Vietnam as evidenced by their pledged ODA of US$7.9 billion for next year. Donors’ confidence has put pressure on Vietnam to effectively and properly disburse and use ODA.


In 2010, around US$3 billion was disbursed and US$13.8 billion was disbursed during the 2006-2010 period, US$2 billion higher than the projected figure. Generally, donors gave positive assessments of ODA disbursement for projects in Vietnam but in fact it   was still slow.


The Director of the Asian Development Bank (ADB) in Vietnam, Ayumi Konishi, said the ADB pledged a total of US$1.5 billion for 2011 and is considering US$10 billion for the 2011-2015 period, but it is still concerned about the pace of disbursement. Therefore, accelerating the disbursement is a preparation before a project is carried out.






70 percent of Vietnam’s public debts are from ODA. Meanwhile, its public debts are reaching the end of the grace period. Despite having preferential interest rates with a grace period of 10 year under ODA commitments, Vietnam still has to clear 20 percent of its debts within 40 years. Thereby, it is crucial to use ODA effectively to avoid heavier debt burdens in the future.


Over the past 17 years, donors have pledged US$64 billion for Vietnam. According to Dr Duong Duc Ung, a senior policy advisor from the Ministry of Planning and Investment, Vietnam disbursed only half of this amount and the remainder will be disbursed in the following years which will pose a heavier task.


To iron out snags in ODA disbursement, it is essential to deal with domestic procedures and make them align with those of the donors.


In addition, Vietnam needs to meet all loan conditions with interest rates lower than commercial rates and continue to focus on previous ODA-funded areas such as poverty reduction and rural and agricultural development.


The bottom line is that the country must ensure its pubic debts will be paid within the time limit or projects will likely take back their capital.

Source: VOV

Source: QDND

Yemen probes air parcels amid pressure to root out Qaeda

In Uncategorized on October 30, 2010 at 10:40 am

SANAA (AFP) – Yemen on Saturday launched a probe after explosives were found in air parcels sent to US synagogues from its territory by suspected Al-Qaeda militants whom it is under renewed pressure to eliminate.


With alarms bells going off across the world, US President Barack Obama said on Friday that the two packages which originated from Yemen were destined for Chicago synagogues and were a “credible terrorist threat.”


Obama blamed Al-Qaeda’s Yemeni affiliate of being responsible for the packages which were intercepted in Dubai and the East Midlands airport in Britain en route to the United States on board cargo planes.


Police in Dubai said on Saturday that the air parcel intercepted in the Gulf city-state “bears the hallmarks of those used by terrorist organisations like Al-Qaeda.”


Yemen — the ancestral homeland of Osama bin Laden and headquarters of Al-Qaeda in the Arabian Peninsula (AQAP) — said it opened an investigation and would not let up its fight against global terrorism.


Security and civil aviation authorities “have begun an investigation” into the suspicious packages, a Yemeni government spokesman was quoted as saying Saturday by the state-run Saba news agency.


“This probe is being carried out in coordination with the competent authorities in the United Arab Emirates, Britain and the United States, and its results will be announced in due time,” the official said.


“Yemen will continue to conduct efforts to fight against terrorism in cooperation with the international community,” he said, adding: “Terrorism is a peril that threatens the entire world.”


The discovery of the packages sparked an international security alert on Friday.


Probes were underway in Britain to see if one of the packages intercepted at East Midlands airport was a “viable” bomb, British Home Secretary Theresa May said on Saturday.


In the United States investigators swept cargo planes for possible Al-Qaeda bombs.



US media reported the packages contained a wire-rigged ink toner cartridge and suspicious powder and may have contained the explosive PETN.


“We will continue to pursue additional protective measures as long as it takes to ensure the safety and security of our citizens,” Obama told a special news conference at the White House.


The two packages from Yemen contained explosive material and were a “credible terrorist threat,” the US president said, as the White House thanked Saudi Arabia for tipping it off.


Obama made it clear he suspected AQAP of being behind the plot.


“Although we are still pursuing all of the facts, we do know that the packages originated in Yemen,” Obama said.


“We know that Al-Qaeda in the Arabian Peninsula, the terrorist group based in Yemen, continues to plan attacks against our homeland, our citizens, and our friends and allies.”


Washington has pressed Yemen to track down US-born radical cleric Anwar al-Awlaki, who has been linked to high-profile terror plots in the United States and believed to be hiding in the Arabian Peninsula country.


Awlaqi is accused by Washington of having had links with Major Nidal Hasan, a US Army psychiatrist accused of opening fire on colleagues at Fort Hood, Texas, killing 13 people in November 2009.


He is also suspected of having had ties to the September 11 hijackers, and with Umar Farouk Abdulmutallab, the Nigerian student accused of trying to blow up a Detroit-bound flight on Christmas Day last year.


But analysts say that Yemeni President Ali Abdullah Saleh is also under pressure from the country’s influential tribes, whose backing he needs for his political survival.


“Some tribes like the Hasheds who used to back Saleh are now… allying themselves with groups who support Al-Qaeda,” said Sanaa university professor Adel al-Shaeh.

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Source: SGGP

US under pressure on WikiLeaks allegations

In Uncategorized on October 25, 2010 at 9:37 am

Washington on Sunday came under increasing pressure to investigate allegations in the leaked Iraq war documents published by WikiLeaks, which Britain’s deputy premier called “shocking”.


Governments and human rights organisations alike put the focus on answers to the allegations made against US, allied and Iraqi troops as the whistleblowing website released 400,000 classified US military documents.


The flood of material from 2004 to 2009 offers a grim snapshot of the conflict, especially of the abuse of Iraqi civilians by Iraqi security forces.

Iraqi soldiers from the Ministry of Defence sit along side blindfolded detainees in the back of a pick-up truck as they drive along a road in Baghdad.

The heavily redacted logs appear to show that the US military turned a blind eye to evidence of torture and abuse of civilians by the Iraqi authorities.


WikiLeaks claim the documents reveal around 15,000 more civilian deaths than were previously known about.


British Deputy Prime Minister Nick Clegg called the allegations “extremely serious” and said people would be wanting to hear “what the answer is”.


“We can bemoan how these leaks occurred but I think the nature of the allegations made are extraordinarily serious. They are distressing to read about,” he told BBC television.


“I’m assuming the US administration will want to provide its own answer.


“Anything that suggests that basic rules of war and conflict and of engagement have been broken, or that torture has in any way been condoned, are extremely serious and need to be looked at.


“People will want to hear what the answer is to what are very, very serious allegations of a nature which I think everybody will find quite shocking.”


There was no immediate reaction from the Barack Obama administration to the calls for an investigation, and little eagerness among Republicans to delve into the low points of a war that came to define the administration of George W. Bush.


Representative Pete Hoekstra, the ranking Republican on the House Intelligence Committee, said the document release “opens up old wounds.”


“If there is information about criminal activity, follow it up. If there is a systemic problems, follow it up,” he said on Fox television. “But let’s not create controversy where there isn’t any. There are enough problems in Iraq without going back over that ground.”


Australia joined Iraq war allies Britain and the United States in saying that the leaks could put troops’ lives at risk.


Australian Defence Minister Stephen Smith vowed a “painstaking” review of the documents.


Denmark’s military also said it would study the documents amid reports that the classified files reveal wrongdoings by Danish soldiers.


“We want to see the documents for ourselves and compare them to our own information,” Danish Defence Command spokesman Torben Kjedsen told AFP.


According to Danish media, the documents reveal how Danish troops had handed over 62 prisoners to Iraqi authorities, despite warnings they would likely face abusive treatment.

The files published Friday contain graphic accounts of torture, civilian killings and Iran’s hand in the Iraq war, documenting years of bloodshed and suffering following the 2003 US-led invasion to oust dictator Saddam Hussein.

Other reports describe Iraqis beating prisoners and women being killed at US military checkpoints.

The files also show Iran waging a shadow war with US troops in Iraq, allegedly using militias to kill and kidnap US soldiers.

Human Rights Watch said Iraq should investigate reports that its forces systematically tortured and abused detainees.

“The US government should also investigate whether its forces breached international law by transferring thousands of Iraqi detainees from US to Iraqi custody despite the clear risk of torture,” it said.

Amnesty International called on Washington to investigate how much US officials knew about the alleged abuse.

Spokesman Malcolm Smart said the leaks fuelled concerns that US authorities “committed a serious breach of international law when they summarily handed over thousands of detainees to Iraqi security forces who, they knew, were continuing to torture and abuse detainees on a truly shocking scale.”

The rights ministry in Baghdad said the logs “did not contain any surprises”.

Supporters of Iraqi Prime Minister Nuri al-Maliki said the release was a plot to undermine his bid to stay in power following March elections.

“It is a media campaign against the state and the political process carried out by several groups like the Baathists, regional forces and the new political order,” said lawmaker Hassan al-Sinaid, who is close to Maliki.

WikiLeaks held a news conference in London on Saturday, at which the website’s founder Julian Assange defended the unauthorised release, saying it was intended to reveal the “truth” about the conflict.

“Most wars that are started by democracies involve lying,” he said.

“If there’s enough truth early on enough then perhaps we won’t see these kind of wars.”

Source: SGGP

Low pressure areas formed off the Pacific Coast

In Uncategorized on October 22, 2010 at 11:54 am

Two low pressure areas have been formed off the Pacific Coast in October 21, said the National Hydrometeorological Forecast Center.

The first low pressure area was located at 17.10 degrees north latitude and 142.25 degrees east longitude, and moved to the West-northwest in the evening.

The second low pressure area was found at 19.9 degrees north latitude and 158.8 degrees east longitude and moved to the Northwest.

Their wind speed was about 20-30 kph. They can develop into a typhoon and will hit the Philippines in next few days.

The super typhoon Megi is around 670km to the Northeast of Vietnam’s Hoang Sa Archipelago (Paracel Islands) with gusts over 220 kph.

It will go deep into the mainland of Guangdong Province in China on October 22.

The country presently sees a dry weather in three regions.


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Source: SGGP

Low pressure system to bring downpours to central, southern Vietnam

In Uncategorized on October 14, 2010 at 6:33 pm

A low pressure zone has formed off the south central coast and will cause medium to heavy rains in central and southern provinces, the National Hydro Meteorological Forecasting Center said Monday.

Flooding on a street in Ho Chi Minh City’s Binh Thanh District at 1 AM on Oct. 11 caused by torrential rains and high tide (Photo: Tuoi Tre)

On Monday afternoon, the system was centered 10-12 degrees north latitude and 110-112 degrees east longitude, off the coast from Binh Dinh to Binh Thuan provinces.


The national weather bureau said that the low pressure system has led the southwesterly winds to intensify in the southern region. Ho Chi Minh City thus will be cloudy and rainy in the next few days.


Boats on the waters off the southern region should keep watch of thunderstorms and prone tornados.

Source: SGGP

Stocks slump under selling pressure

In Uncategorized on August 5, 2010 at 11:21 am

Movements of VN-Index on August 5. (Photo: vietstock.vn)The shares of 251 companies listed on the Ho Chi Minh Stock Exchange dropped for a second consecutive day on August 5, amid unimproved demand and the dumping of shares by investors eager to cut losses.

Vietnam’s benchmark VN-Index slipped 0.1 percent, or 0.5 points, to close at 486.21.


Of the index, 67 stocks advanced, 127 fell, while 61 remained unchanged.


Although several stocks retreated to a price level considered reasonable for disbursement, investors neglected to act.


Trading volume was thin, with around 37.4 million shares changing hands, valued at VND1.16 trillion.


Vinh Son – Song Hinh Hydropower Joint Stock Company (VSH) won the spot of most active stock by volume with 1.34 million shares changing hands.


Pha Lai Thermal Power Joint Stock Company came in next, with 1.21 million shares, followed by Vinafco Joint Stock Corporation (VFC) with more than 965,000 shares.


Sao Mai Construction Corporation (ASM) and Chuong Duong Beverages Joint Stock Company (SCD) sank the daily maximum allowed limit of 5 percent to VND76,000, and VND28,500 respectively.


Sao Mai Construction Corporation (ASM) announced that its net revenue reached VND241.9 billion in the second quarter, up 28.41 percent year-on-year, while prime costs reduced by 29 percent, sending its gross profit to VND114.5 billion.


Pre-tax and post-tax profits were at VND104.54 billion and VND80.92 billion respectively.


From July 12 to 23, Le Ngoc Xuyen, sister of Le Thanh Tuan – chairman of Sao Mai Construction Corporation (ASM) sold all 22,200 of her shares for personal needs.


TMT Automobile Joint Stock Company (TMT) dropped 4.88 percent to VND27,300. The company registered to buy 500,000 treasury shares between August 6 and October 30.


Information and Networking Technology Joint Stock Company (CMT) and DESCON Construction Corporation (DCC) declined 4.86 percent to VND33,300 and VND23,500 respectively.


Viet Nhat Seafood Corporation (VNH) led the big gainers on the city bourse, adding up 4.95 percent to VND19,100.


Thien Long Group Corporation (TLG) increased 4.94 percent to VND34,000.


Ha Tien Transport Joint Stock Company (HTV) surged 4.92 percent to VND34,100.


Hanoi’s HNX-Index fell 0.41 points, or 0.28 percent, to 147.45. Trading volume dropped by 10 percent over the previous day to 27.8 million shares, worth VND754 billion.


The UPCoM-Index moved contrastingly, gaining 0.58 points to 51.12, as of 11 am local time. Around VND9.1 billion was spent on 470,000 shares.

Source: SGGP