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Tightened monetary policy forecast for Q4 2018

Tightened monetary policy forecast for Q4 2018

The State Bank of Vietnam (SBV) will likely continue its tightened monetary policy in the remaining months of the year after its decision to strictly control lending to high risk sectors in the third quarter didn’t adversely affect the country’s economic growth, according to experts.

SSI continues leading brokerage market share

SSI continues leading brokerage market share

The Saigon Securities Incorporation (SSI) remained the largest broker in Vietnam in the third quarter of 2018, announced the HCM City Stock Exchange (HoSE) on October 3.

SSI top brokerage in Hanoi derivatives market

SSI top brokerage in Hanoi derivatives market

Saigon Securities Inc. (SSI) was the biggest brokerage on the Hanoi Stock Exchange’s derivatives market last year with a 28.28% market share, according to an exchange report on the derivatives market.

MoIT’s new decision benefits gas producers

MoIT’s new decision benefits gas producers

Gas and oil power plants are expected to benefit from the new decision of the Ministry of Industry and Trade (MoIT) that has suspended the operation of the competitive electricity generation market.

PV Oil to offer 20% stake in coming IPO: HSC

PV Oil to offer 20% stake in coming IPO: HSC

PetroVietnam Oil Corporation (PV Oil) may double the amount of shares offered as part of its initial public offering (IPO), which is scheduled in the fourth quarter of this year.

Viet Capital may list in 3rd quarter

Viet Capital may list in 3rd quarter

Viet Capital Securities Corporation (VCSC) may list on the stock market in the third quarter of 2017, HCM Securities Corporation (HSC) said in a recent report.

Nov loan rate slides to 9.3%

Nov loan rate slides to 9.3%

Average lending interest rate in November reduced 0.28% to 9.3% per year, the highest slide for the past nine months.

State ownership at firms to fall further

State ownership at firms to fall further

The Government has withdrawn State capital from many enterprises in recent years and this divestment process will accelerate in the coming time, said Deputy Minister of Finance Truong Chi Trung.

Credit growth on target to hit 15-17%

Credit growth on target to hit 15-17%

Credit growth by August 10 reached 8.3% compared to December last year, much higher than during the same period last year, said director of the State Bank of Vietnam's Credit Department, Dang Tien Dong.