Investors at the MBS exchange floor in Hanoi.(Photo: VNA)
Hanoi (VNA) - Shares sank for a second day on the twoexchanges, following investor fear of a market correction. The benchmark VN-Index on the Ho Chhi Minh Stock Exchange edgeddown 0.2 percent to close at 709.5 points, expanding the two-day loss to 1.1percent. On the Hanoi Stock Exchange, the HNX-Index decreased 0.3 percentto end at 86.6 points. The northern index inched down 0.04 percent on theprevious day. Investors continued to stay away from large-cap stocks. Seventeenof the 30 largest shares by market value and liquidity in HCM City slumped,while only eight advanced. Insurance and bank stocks were among the biggest losers: largefirms such as Bao Viet Holdings (BVH), BIDV Insurance (BIC), PVI Holdings (PVI)and lenders BIDV (BID), Vietinbank (CTG), Military Bank (MBB), Vietcombank(VCB) and Sacombank (STB) declined between 0.5 percent and 1.9 percent. Insurance and bank stocks saw average decreases of 1.51 percentand 0.72 percent, respectively. “The market seems to have lost its growing momentum since theVN-Index exceeded 710 points,” stock analysts at Vietnam Investment SecuritiesCo wrote in their March 1’s report. Blue chips and large-cap stocks treaded water; only small capsmaintained the market uptrend, the report said. On the bright side, several stocks advanced thanks to positiveinformation.
Hoa Phat Group (HPG) climbed 2.3 percent following theannouncement that the company plans to adjust its profit target up 20 percentto 6 trillion VND in 2017. Budge𒉰t airline Vietjet hit the daily limit rise of 7 percent af❀terits debut on March 1, settling at 115,500 VND (5.07 USD) a share.
Liquidity improved with a total of 277.2 million shares worth acombined 4.1 trillion VND (180 million USD) being traded in the two markets, up12 percent in volume and 8 percent in value compared to the previous session. Foreign investors were net sellers in HCM City’s market for a tinyvalue of 1.2 billion VND, but they extended their net buying streak to sixconsecutive sessions on the Hanoi’s exchange with a net value of 6.4 billionVND. Vinamilk (VNM) continued to top their top buy list with a netvalue of 40.3 billion VND, following FLC Faros Construction Corp (ROS) withnearly 30 billion VND. – VNA
Shares rose on February 27 on the two exchanges despite expert forecasts of a slight correction in early sessions this week as investors remained positive over market outlook.
Shares were on the defensive on February 28 as investors offloaded large-cap stocks and channeled money into small and penny stocks on expectations of higher returns.
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.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.