• Most Popular
  • Most Shared

Vietnam suspends stock trading for a third day

Wed May 28, 2008 5:47am EDT

HANOI, May 28 (Reuters) - Vietnam's stock exchange .VNI will suspend trading for a third consecutive day on Thursday following a computer system problem, officials said on Wednesday.

"It is almost certain that Ho Chi Minh Exchange will resume trading operation the day after tomorrow," said Vo Van Quang, head of administration at the state securities regulator.

Trading has been halted since Tuesday but the over-the-counter Hanoi Securities Trading Centre .HASTCI has operated normally.

The nearly 8-year-old market, which jumped 23 percent last year amid investor excitement about Vietnam's economic potential, but has since slumped 55 percent to be the worst performer in Asia so far in 2008, has occasionally been hit in the past by technological problems. (Reporting Nguyen Nhat Lam; Writing by Grant McCool; Editing by Anshuman Daga)



More from Reuters

Photo

U.S. official admits security failed in air scare

WASHINGTON/ABUJA (Reuters) - The Obama administration admitted on Monday that air travel security failed when a Nigerian man with suspected ties to Islamic militants allegedly was able to smuggle deadly explosives onto a U.S.-bound flight in an attempt to blow it up.

» More Top News
Armed men travel on a vehicle on a road near the Saudi border in the western Yemeni province of Hajja October 10, 2009. REUTERS/Khaled Abdullah

The next al Qaeda hub?

The attempted Christmas Day bombing of an American airliner has put another region in the spotlight as a breeding ground for terrorism.  Full Article 

WORLD
EDITORS' NOTE: Reuters and other foreign media are subject to Iranian restrictions on their ability to film or take pictures in Tehran. Iranian opposition supporters beat police forces during clashes in central Tehran December 27, 2009. Credit: REUTERS/Stringer

Violence erupts in Iran

Police fired teargas at anti-government protesters in Tehran a day after some of the hardest clashes seen since a disputed election in June.  Full Article | Video 

IRAN