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Margin loans to securities firms on rise 09:00 | 10/03/2021 Margin loans are taking off, with banks sponsoring securities firms, photo Le toan A variety of stimulative efforts by the Vietnamese government to support the domestic economy has consequently created a springboard for stocks to surge. The fear of missing out has also pushed many local and foreign banks to allocate more funds into brokerages under the so-called margin loans, thus giving investors greater buying power. The financial statements of 25 securities firms with large outstanding loan balances...

Experts warn of correction in trading this week 16:55 | 25/01/2021 Market experts warned that investors should be cautious as trading might become choppy as the VN-Index approaches the 1,200-point landmark. Dung Quat Oil Refinery operated by Binh Son Refining and Petrochemical (BSR). BSR lost 5.6 per cent last week. - VNA/VNS Photo Huy Hung The benchmark VN-Index on the Ho Chi Minh Stock Exchange gained 0.22 per cent to end Friday's trading session at 1,166.78 points. It had lost 2.3 per cent last week. An average of 810.6 million shares were traded on the sout...

Phu Hung Securities liable for tax penalties in Vietnam 19:24 | 14/12/2020 Phu Hung Securities needs to pay $15,110 in CIT and $17,300 in late payment fees According to the Ho Chi Minh City Stock Exchange, Phu Hung Securities is liable to pay tax penalties, including corporate income tax arrears of VND347.5 million ($15,110) and late payment of VND398 million ($17,300). According to the firm’s announcement, which is officially published on its website, Phu Hung Securities “sincerely discloses information on the receipt of Decision No.3593/QD-CCT dated...