Broker fined for disclosure violation

HA NOI — The State Securities Commission earlier this week fined Bao Viet Securities Co (BVS) VND40 million (US$1,900) for failing to make a timely report of its aborted purchase of 200,000 shares in Viet Nam General Export-Import Co No 1 (TH1). BVS registered to buy the shares between July to September of last year but never completed the transaction. — VNS