Assessing the supposed weak efficiency of Vietnam' stock market, Hanoi Securities Transaction Central case

Abstract

The purpose of the article is to study the supposed efficiency of Hanoi Securities Trading Center (HSTC). The materials for this study include daily data collected from HASTC - Index and two listed shares at HASC (GHA and VNR) from July 14, 2005 and March 14, 2007. The method of this sutdy is based on the comparable assessment in order to assess the efficiency of the HAST. The main contents of the article include:

1. The presentation of the supposed efficiency of the market

2. A glance at the studies related to the supposed market efficiency

3. The data and method of study applicable to Hanoi stock market

4. Results of comprable assessment and other related asseseements