Sunday, May 1, 2011

Wall Street Securities Joint-Stock Company,Vietnam

The Ho Chi Minh City branch of Wall Street Securities Joint-Stock Company is at No. 255, Tran Hung Dao St., District 1, HCM City

 It is in the HMTD building.(HMTD tòa nhà văn phòng)
The head office is at :No. 212, Tran Quang Khai St., (No. 1, Le Phung Hieu St.,),Hoan Kiem Dist., Hanoi, Vietnam.
The company's main theme is"A class of Properity" (Dang cap của sự thịnh vuợng)
Wall Street Securities Joint Stock Company (WSS) shareholders were Cable and Telecom Materials Joint Stock Company and Duc Giang Garment Company, and individuals who have many experiences in finance – banking sector.

Besides, WSS also attracts many strategic interests from domestic as well as global financial institutions. In this same building is the Kim Eng Securities Ho Chi Minh head office located on the first floor,with branches in Chinatown near Cholon,Hanoi,Hai Phong,Danang & Angiang.


Kim Eng Securities is Asia's leading investment broker with its homebase in Singapore.
 Foreigners wishing to invest in the Ho Chi Minh Stock Exchane (HOSE) are required to register through a custodian licensed bank namely: The Hongkong and Shanghai Banking Corporation, Deutsche Bank AG and Standard Chartered Bank.
Currently the local stock market is in a very bearish mode as seen in the technical chart.
The market has been slumping since it's high registered on the 2/03/07 @ 1,147.66 and went into a suicidal mode on the 23/2/09 @ 243.81 points.
Vietnam's financial market is the first to undergo tremendous correction while global markets are skyrocketing.
Some brokerage houses are in a dire state so it's a golden opportunity for foreigners to snap up some of these companies as given time,Vietnam will be the first to recover and will become an Asian Dragon next to China as their chart pattern is similar to that of the Shanghai Stock Exchange which is hoovering bearishly. **Listed stocks

 
The entrance arc with a multi-storey tower.
The owner of the land possibly a local ethnic Chinese has rented out be be used as  motorcycles parking area and some food stalls.
 
The structure and architecture design is so unique but the place looks neglected. The oval entrance is majestically grand.The owner must have a belief of Chinese "feng-shui"
The front door is the most important element of good feng shui.It allows energy to flow freely thereby bringing postivie changes,good luck and wealth.
You'll noticed that the top first storey is an octagonal opening and the Chinese called it "pak kwa"
The Feng Shui Talisman, called Pak Kwa, represents the union of Feng Shui with I Ching (The Oracle of Change).
The talisman is represented by the symbol Yin Yang (Tao) surrounded by 8 trigrams. In Feng Shui, it is said that Pak Kua keeps away evil. It is often found hanging at the door and inside the house to bring good luck and dispel disaster.






Inside view of the arch entrance compound acting as motorcycle parking ground.

Motorcycles are still the dominant means of transport in Vietnam.The 125cc categories are most sought after.
It is illegal for a foreigner to own a motorbike in Vietnam. However, it can be registered in a Vietnamese persons name. You will still need the papers to prove to the police (if you get pulled over) that the bike is not stolen.
If you do get pulled over by Police and don’t have any papers, they may turn a blind eye in the way of a bribe. Worst-case scenario is that they confiscate your motorbike and you’re left in the middle of nowhere with your ride impounded.

 “Motorbike for Rent” signs are lined up all along Pham Ngu Lao, De Tham, and Bui Vien streets. VND50,000 (just over US$3),one can easily rent for the day.




Vietnamese primary school students having their morning physical education.
 The school uniforms are similar to those schools in mainland China.








 The school motto:"mot nhan cach tot se duoc nay no trong.."It's about Dignity and well being.












"Cong Truong Em Sach Deo-An Toan"--Safe Child Policy










 Taxi fare: from Tan Son Nhat International Airport to Ho Chi Minh city centre is about $4.00 USD.
The most reliable cab companies in Ho Chi Minh City are Mai Linh Taxi, Vina Taxi, or Vinasun.








 Important telephones in Ho Chi Minh City:
HCM Airport: tel (848) 8443179
HCM Railway: tel (848) 8436527
English Paging service: Tel: (848)105
Ambulance: Tel: (848) 115
Police: Tel: 113
Area code for Ho Chi Minh City: 08 (drop the zero when calling from abroad)