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Index surges on blue chip sell-off

A pointy sell-off of blue chips saw a VN-Index on a HCM Stock Exchange bloat 2.03 percent to 454.91 points on May 18.

Transactions were some-more active with 28.5 million shares changing hands, compared to 24.1 million on May 17.

Total value was aloft during 537.5 billion VND (25.6 million USD).

In total, 169 holds secluded in value, while 57 gained and 63 closed
unchanged. The biggest losers were Hanoi Container Shipping (VSC),
PetroVienam General Service (PET), Licogi 16 (LCG), Thu Duc Water Supply
(TDW) and Lilama 18 (LM8).

Half of a 10 biggest
capitalised holds strike their building prices, including insurer Bao Viet
Holdings (BVH), down 5 percent to 85,500 VND; examination developer
Vinpearlland (VPL), down 4.7 percent to 62,000 VND; ability developer
Hoang Anh Gia Lai (HAG), down 4.9 percent to 36,800 VND; Masan Group
(MSN), down 4.5 percent to 107,000 VND and Vincom (VIC), down 4.2
percent to 113,000 VND.

Blue chips misplaced 2.61 percent in
total, followed by penny stocks, down by 1.19 percent and
medium-capitalised holds misplaced 0.9 percent, according to Tai Viet
Securities’ data.

Meanwhile, trade in Vietcombank (VCB)
shares, that strike their roof cost twin days ago, slowed, gaining just
3.2 percent to tie during 31,900 VND.

However, VCB saw 2.2 million shares change hands, a biggest trade of a day.

Pham Van Duy, an researcher with a Hanoi-based holds firm, conspicuous the
cut-loss activities cunning distend to offer lift down a index. “This is
worth considering,” he said.

Meanwhile, a repo interest
rate on Open Market Operations (OMO) was adult 1 elect prove to 15
percent a year on a dong market, that hinted that tightened monetary
policies would continue in a enlarged term, conspicuous Duy.

“That means income liquid into a holds marketplace continued narrowing,” he said.

The HNX-Index declined 0.88 percent during a trade eventuality to
finish during 78.86 points. Volume rose to 28.7 million shares, from 24.3
million on May 17, reaching a value of 347.6 billion VND (16.6 million
USD). Habubank (HBB) was a many actively traded share, with 2.4
million in shares changing hands. /.

Vietnam stays 134th in FIFA rankings

Vietnam continues to mountain during 134th in a world, according to a May rankings recently suggested by FIFA.

Similar to other Southeast Asian teams, Vietnam were amateurish to improve
on their position due to a skip of coming in any international
events final month.

Thailand and Indonesia tarry during 120th and
130th, respectively, while Malaysia, Singapore, a Philippines and
Myanmar are placed 142th, 144th, 156th and 167th.

Japan, Australia and a Republic of Korea tip a Asian region.

The star rankings are still led by Spain, followed by a Netherlands, Brazil, Germany and Argentina.

Next month’s rankings will be announced by FIFA on Jun 29./.

New HIV diagnosis could devaluate deaths

The Joint United Nations Team on HIV in Vietnam on May 20 announced
that Vietnam would be a initial republic to commander Treatment 2.0 – a new
generation of HIV diagnosis that it conspicuous could radically cut
AIDS-related deaths and assistance hinder new HIV infections.

The commander would be launched after this year in twin of Vietnam’s provinces with a heaviest HIV rates of infection.

Treatment
2.0, a dilemma commencement between a World Health Organisation and the
Joint United Nations Programme for HIV/AIDS (UNAIDS), enclosed a more
optimised drug regime for people critical with HIV, cheaper and simpler
diagnostic collection and a low-cost community-led ensue to delivery.

“In
comparison to a before platform, Treatment 2.0 is simple, quick,
flexible and efficient. For example, by changing a ensue we do HIV
testing from a unequivocally challenging and behind slight to a same day quick test
results, this quick refers people during need to treatment,” amalgamate Fabio
Mesquita, control of HIV Unit during WHO Vietnam told Vietnam News on May 9.

“With
this diagnosis platform, snag and caring will work together as
opposed to a normal dichotomy between these twin responses. It
engages people in early diagnosis that will save income for treating
infections, hospitalisation and will also assistance in snag – early
treatment is proven to relieve a risk of flourishing HIV,” he
elaborated.

Doctor Mesquita conspicuous Vietnam was doing good so apart in
its response to HIV, however with a tide ensue it would never
get to a coverage and potential indispensable to interruption a epidemic.

According
to UNAIDS estimates, some 254,400 people were critical with HIV in
Vietnam, a decline of them were drug users, organisation who had sex with men
and ladylike sex workers.

WHO distinguished that Viet Nam’s response to
HIV had successfully scaled adult opening to diagnosis in a past five
years, as 54 percent of a adult competition in need had received
anti-retroviral therapy.

However, many people critical with HIV
sought diagnosis too late when their counterclaim element had nervous and
opportunistic infections such as illness had set in. In these
cases, diagnosis had current rebate effective, indirect in increased
deaths./.

Property holds send index down

Heavy sales of ability holds forced a VN-Index in HCM City down a offer 2.21 percent to tie during 444.85 points on May 20.

There were 178 losers compared to 51 gainers, with 60 shutting unchanged.
Property holds finished a heaviest losses, with Tan Tao Industrial Park
(ITA) down 4.3 percent to 11,100 VND, Vincom (VIC) down 4.4 percent to
108,000 VND, Hoang Anh Gia Lai (HAG) down 4.9 percent to 35,000 VND and
Kinh Bac Corp (KBC) down 4.9 percent to 21,400 VND.

Other
influential holds on a VN-Index also misplaced ground. Masan Group (MSN)
dropped to a building cost during 102,000 VND and insurer Bao Viet Holdings
(BVH) also had a bad day, shutting during 81,500 VND.

After 3 days
of gains, Vietcombank (VCB) fell 1.9 percent to 31,300 VND following
rumours of a 1.6 billion-share-listing plan.

Trading was slow
with usually 25.5 million shares changing hands, valued during 92.3 billion VND
(23.4 million USD). Eximbank (EIB) was a many active collection with
nearly 1.1 million shares traded, shutting uniform during 15,000 VND.

In Hanoi, a HNX-Index fell for a ninth undeviating day to finish down 0.79 percent during 78.24 points.

Volume
totalled 23.2 million shares value 284.3 billion VND (13.5 million
USD). Losers outnumbered gainers by 176:82. VNDirect Securities was the
prime inciter with a volume of 1.7 million shares changing hands./.

Property marketplace bustling with M&A this year

Following a focussed final year, Vietnam ’s ability marketplace is
bustling with a immeasurable array of partnership and partnership (MA) deals
that also see a largest volume of trade value.

According to Troy Griffiths, an consultant with Savills Vietnam , there
is a need to quick settle material mobilisation supports by investors
who elaborate a immeasurable array of land pot yet face problems in
accessing capital, indirect in a rising array of MA deals.

Dang Xuan Minh, Director of AVM Vietnam, MA examine and advisory
company, conspicuous that a arise in MA deals in a genuine estate sector
is attributed to a mutation of themarket that was seen in rising
property prices, and a estimable volume of material flown into the
market.

MA is an effective apparatus to promote
revenue enlargement and restructuring and shade a many fit investors
to lift out a projects, Minh said.

He conspicuous that
with power in capital, unknown investment supports and enterprises and
strong domestic private conglomerates will have advantages during MA
deals.

Since a derivation of this year, the
property marketplace has witnessed a array of critical MA deals, as
evidenced by Thien Minh Tourism Company’s partnership of a method of six
hotels and resorts from Hong Kong’s EEM Victoria valued during 45 million
USD and Vinaland Company’s send of all shares in a housing
development devise to a Vietnamese partner, value adult to 10.9 million
USD.

Concerning this activity, Vietnam Investment
Review biography and a AVM Vietnam Company will society a MA
Vietnam 2011 forum, themed “Time to Deal” in Ho Chi Minh City on
June 9.

A gathering on MA devise and an
exhibition to broach businesses and investment promotion
opportunities will be also reason during a event./.

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