The Business Times: VOF listed on London exchange

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• VOF listed on London exchange
• Vietnam plans merger of stock exchanges to boost market: report
• Local banks miss the mark on yearly targets
• Two Stock Bourses Agree To Build a Common Index
• Apr 13: UPCoM-Index Falls Second Day on Main Bourses
• Apr 13: HNX-Index Dips Second Day on Waning Confidence
• Apr 13: VN-Index Breaks Six-day Rally
• $4 billion South Hoi An casino resort to kick off in April
• Tax break on 20,000 electric taxis snubbed
• Visa exemptions for Western European travellers extended

VOF listed on London exchange Posted: 13 Apr 2016 09:49 AM PDT Last week, the Vietnam Opportunity Fund (VOF) announced its listing on the main board of the London Stock Exchange (LSE), one of the world's top five stock exchanges in terms of liquidity and size. VOF, which oversees $700 million, was listed for 12 years on London's Alternative Investment Market before fulfilling the criteria to upgrade The post VOF listed on London exchange appeared first on Vietnam Business News.

Vietnam plans merger of stock exchanges to boost market: report Posted: 13 Apr 2016 09:48 AM PDT A file photo of Ho Chi Minh City Stock Exchange. Photo: Diep Duc Minh Vietnam's stock regulators are planning to merge its two bourses in Hanoi and Ho Chi Minh City in an effort to increase local market's transparency and attract more foreign investors, local media reported on Monday, citing a senior official. In preparation The post Vietnam plans merger of stock exchanges to boost market: report appeared first on Vietnam Business News.

Local banks miss the mark on yearly targets Posted: 13 Apr 2016 09:48 AM PDT Prior to the annual general meeting season for banks, various financial institutions have set their annual profit targets for the year. Although each bank has a different target, they all anticipated positive growth in their turnover. Nam A Bank, for instance, expects to earn VND300 billion ($13.76 million) in pre-tax profits and VND40 trillion ($1.83 The post Local banks miss the mark on yearly targets appeared first on Vietnam Business News.

Two Stock Bourses Agree To Build a Common Index Posted: 12 Apr 2016 05:50 PM PDT Two Stock Bourses Agree To Build a Common Index Viet Nam's two stock bourses yesterday agreed to jointly build a common index as a step towards developing the country's securities market. The co-operative effort was agreed upon by the HCM Stock Exchange (HOSE) and the Ha Noi Stock Exchange (HNX) under a Memorandum of Understanding The post Two Stock Bourses Agree To Build a Common Index appeared first on Vietnam Business News.

Apr 13: UPCoM-Index Falls Second Day on Main Bourses Posted: 12 Apr 2016 05:50 PM PDT Apr 13: UPCoM-Index Falls Second Day on Main Bourses Stocks on the UPCoM-Index, the measure of 280 unlisted public companies, extended losses on Wednesday as traded stocks lost ground on the least favorite exchange in Vietnam, led by main bourses. The index lost 0.44 points, or 0.73%, to end at 58.88 points. Among index members, The post Apr 13: UPCoM-Index Falls Second Day on Main Bourses appeared first on Vietnam Business News.

Apr 13: HNX-Index Dips Second Day on Waning Confidence Posted: 12 Apr 2016 05:50 PM PDT Apr 13: HNX-Index Dips Second Day on Waning Confidence Stocks on the Hanoi Stock Exchange erased earlier snap rally to lose ground for a second straight day on Wednesday as the investor confidence weakened on near-term outlook uncertainties. Blue-chips declined across the board on hosts of negative information about listed companies, a stock trader said. The post Apr 13: HNX-Index Dips Second Day on Waning Confidence appeared first on Vietnam Business News.

Apr 13: VN-Index Breaks Six-day Rally Posted: 12 Apr 2016 05:50 PM PDT Apr 13: VN-Index Breaks Six-day Rally Stocks on the Hochiminh Stock Exchange lost ground for the first time in seven days after early rally and several unsuccessful attempts to make a positive ending on Wednesday as blue-chips tumbled on uncertainties. The slight correction following a long winning run was technically normal, a stock analyst in The post Apr 13: VN-Index Breaks Six-day Rally appeared first on Vietnam Business News.

$4 billion South Hoi An casino resort to kick off in April Posted: 12 Apr 2016 05:49 PM PDT The construction of the first phase of the $4 billion South Hoi An integrated casino resort, invested by a joint venture of Vietnam-focused asset management firm VinaCapital, Macau-based SunCity Group, and Hong Kong-based Chow Tai Fook Enterprises Ltd., will start on April 23. Accordingly, phase 1's construction will be implemented on an area of 160 The post $4 billion South Hoi An casino resort to kick off in April appeared first on Vietnam Business News.

Tax break on 20,000 electric taxis snubbed Posted: 12 Apr 2016 05:49 PM PDT  >>  First 100 Renault electric cars to arrive in Vietnam in June The Ministry of Finance has refused a local company's proposal to provide tax incentives on the import of 20,000 electric taxis from French car-maker Renault. The Huy Ho Company under the management of Mai Linh Group recently asked the ministry for a decrease The post Tax break on 20,000 electric taxis snubbed appeared first on Vietnam Business News.

Visa exemptions for Western European travellers extended Posted: 12 Apr 2016 05:49 PM PDT The Vietnam National Administration of Tourism (VNAT) is seeking government approval to extend visa exemptions for Western European tourists. According to head of the VNAT Nguyen Van Tuan, the visa exemption policy for visitors from the UK, France, Germany, Italy and Spain will expire on July 1 this year so the administration has proposed extending The post Visa exemptions for Western European travellers extended appeared first on Vietnam Business News.

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