Shares rose for a second day on October 19 on the two exchanges as investors were optimistic about the market outlook and earnings prospects of listed companies.
Hanoi (VNA) - Shares rose for a second day on October 19 on the two exchanges as investors were optimistic about the market outlook and earnings prospects of listed companies.
The benchmark VN-Index on the HCM Stock Exchange was up over 1 percent to close yesterday’s trade at 688.9 points. It rose 0.2 percent on Tuesday.
On the Hanoi Stock Exchange, the HNX-Index added 0.6 percent to end at 85.5 points.
Blue chips continued their market momentum, with 19 of the biggest 30 shares by market capitalisation gaining value.
Financial and bank stocks were the biggest gainers as the highest valued stocks like Vietcombank (VCB), BIDV (BID), Vietinbank (VCB), Sacombank (STB), Asia Commercial Bank (ACB), Sai Gon-Hanoi Bank (SHB), HCM Securities Co (HCM), Saigon Securities Inc (SSI) and insurer Bao Viet Holdings (BVH) all increased.
Sai Gon-Hanoi Bank hit the daily limit rise of 10 percent on the Hanoi Stock Exchange after the news that sister of the bank’s chairman registered to buy 20 million SHB shares.
Lender BIDV increased 4.1 percent yesterday on investor expectation in the bank’s extraordinary shareholders’ meeting this Sunday. Others rose between 0.7 percent and 2.1 percent each.
“Return of money inflows in large-cap stocks not only helped lift the VN-Index but consolidated investor confidence in a longer market rise,” analysts at Vietnam Investment Securities Co wrote in a report.
However, the market needed more solid momentum from strong rises in both volume and value to speed up the market uptrend, they said.
Besides blue chips, many low-valued stocks also attracted investor attention such as real estate developer FLC Group (FLC), Quang Nam Rubber Investment JSC (VHG), Hoang Huy Investment Services JSC (HHS), PetroVietnam Construction JSC (PVX) and Sai Gon Thuong Tin Real Estate JSC (SCR).
They were all among the top 5 most active codes on the two markets.
Liquidity increased with 199.4 million shares worth more than 3.6 trillion VND (161.4 million USD) traded in the two exchanges, up 8.4 percent in volume and 20 percent in value compared to the previous session’s levels.
🧸 Foreign investors returned to be net buyers in the two markets yesterday after two net selling sessions. They purchased shares worth a combined net value of 45.6 billion VND.-VNA
Vietnamese shares rose on June 28, covering losses made during the session as dairy firm Vinamilk boosted investor confidence on its latest announcement on foreign ownership.
Shares rose October 5 on the two stock exchanges as investors pinned their hopes on prospects of positive earnings of large companies in the third quarter.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Illustrative photo (Source: Internet)
