Shares closed almost flat on the two local exchanges on april 3 as strong investor selling hit large-cap stocks after the market reached a 10-year high last week.
Investors at a transaction office of ACB Securities Company (Photo: VNA)
Hanoi (VNA) - Shares closed almost flat on the two local exchanges on april 3as strong investor selling hit large-cap stocks after the market reached a10-year high last week.
Thebenchmark VN Index on the HCM Stock Exchange closed at 722.38 points, nearlyunchanged from a closing level of 722.31 points on March 31.
TheHNX Index on the Hanoi Stock Exchange inched up 0.1 percent to end at 92.92points. The northern market index fell 0.3 percent.
Markettrading liquidity remained positive compared to the previous session, with morethan 226 million shares traded, worth 4.43 trillion VND (197.2 million USD).
Stocksthat had pushed the market up in the previous weeks ended in negativeterritory, such as Vietcombank (VCB), Bank for Investment and Development of Vietnam(BID), Vietinbank (CTG), Bao Viet Holdings (BVH) and Bao Minh Insurance Corp(BMI).
VCBfell 1.4 percent, BID lost 2.3 percent, CTG edged down 0.6 percent, BVH dropped0.8 percent and BMI was down 0.4 percent.
Energycompanies saw their share values decrease on pressure from profit-taking andvolatile crude prices.
PetroVietnamGas (GAS), PetroVietnam Drilling and Well Services (PVD) and PetroVietnamTechnical Services (PVS) declined by between 0.5 percent and 1.7 percent todrive the energy sector down.
Meanwhile,foreign investors recorded a net buy value of 86.7 billion VND, a nearly 40 percentdecrease from the March 31 figure of 143.85 billion VND.
Onthe positive side, there were good performances by some stocks that supportedthe market such as Sacombank (STB), brewer Sabeco (SAB), Asia Commercial Bank(ACB), Sai Gon Securities Inc (SSI) and HCM City Securities Corp (HCM).
STBsurged 7 percent, hitting its daily trading limit, on speculations thatproperty developer Nova Group has proposed the central bank to buy a 20 percentstake of Sacombank in an attempt to take part in the bank’s restructuringprocess.
SABinched up 0.2 percent. Bloomberg on March 31 reported the Philippines’ largestbrewer San Miguel may bid for ownership in Sabeco.
“Thefirst trading session of April has extended the market’s downward trend fromlast week after the VN Index failed to achieve the level of 725 points,” BIDVSecurities Corp (BSC) said in its report.
Themarket would move sideways in the next sessions with support from food andbeverage firms, steel makers and construction companies, BSC said.-VNA
Shares rebounded on March 29 on the two stock exchanges as investors poured money into insurance and food and beverage stocks on positive earnings prospects.
Shares declined unexpectedly on March 31 on the two exchanges, beating analyst forecasts of a continued rise after the VN-Index surpassed the previous ten-year high.
Shares are expected to decline further this week as investors seek profits, but the decline will not be heavy as foreign investments and Q1 performances will boost investor confidence.
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.
Investors at a transaction office of ACB Securities Company (Photo: VNA)
