Hanoi (VNA) - Shares advanced in both local markets on May12, driven by property developers and energy companies.
The benchmark VN Indexon the HCM Stock Exchange was up 0.05 percent to close at 725.37 points. Thecountry’s key market index has rallied total 0.9 percent after the last foursessions.
The HNX Index on theHanoi Stock Exchange gained 0.54 percent to end at 90.39 points, reversing atwo-day decline of 0.5 percent.
The VN Index hasincreased by total 0.7 percent and the HNX Index by 0.8 percent compared to theprevious week’s levels.
More than 242.6 millionshares were exchanged on both local bourses, worth nearly 5.2 trillion VND (230.6million USD).
Large-cap stocks weremixed with half of the 30 largest companies by market capitalisation rising,including steelmaker Hoa Sen Group (HSG), dairy producer Vinamilk (VNM),insurance finance group Bao Viet Holdings (BVH) and DHG Pharmaceutical (DHG).
Other sectors that sawcompanies’ share prices move forward included Real estate and energyindustries, garment and textile, plastic production, food and beverage,information and technology and retail.
On the opposite side,banks, securities firms and rubber producers fell on profit-taking andprevented the market from rising higher.
Two-thirds of the ninelisted banks lost steam, including MBBank (MBB), Sacombank (STB), Vietcombank(VCB) and Sai Gon-Hanoi Bank (SHB).
Among brokerage firms,losses were found in Sai Gon Securities (SSI), MB Securities (MBS), Bao VietSecurities (BVS) and BIDV Securities (BSI). - VNA
Some 142 billion VND (6.2 million USD) was raised through four auctions on the Hanoi Stock Exchange (HNX) of state-owned enterprises selling shares from businesses in their non-core areas in April.
The benchmark VN-Index could surge back to the 732 points peak seen a month ago on the back of strong buys by foreign investors as well as positive economic indicators, analysts said.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Illustrative image (Source: doanhnhansaigon.vn) 
