Hanoi (VNA) - Vietnamese shares continued to fall on bot♎h local markets on April 20 to extend losses from previous day꧋, led by the food and beverage industry.
The benchmark VN Index on the HCM Stock Exchange ended nearly flat at 568.03 points, slightly lower than April 19. The southern index declined by 2 percent over two days.
The HNX Index on the Hanoi Stock Exchange dropped 0.1 percent to finish at 79.37 points, extending a three-day decrease of 1.1 percent.
Vinacafe Bien Hoa JSC (VCF) drove the food and beverage sector down after the company at the annual shareholder meeting announced it targets lower earnings this year compared with 2015, and isn’t planning on a dividend payment for shareholders. VCF fell 4.7 percent at the end of the day.
Ben Tre Aquaproduct Import and Export JSC (ABT) declined by 3 percent after the company on April 19 announced its net profit in the first quarter is half of the number recorded in last year’s first quarter.
Ntaco Corp (ATA) slumped 6 percent after the stock’s recent significant gains. ATA gained more than a quarter in the previous four days.
Two blue chips in the industry, dairy firm Vinamilk (VNM) and food producer Masan Group (MSN), also saw declines. VNM and MSN lost 2.2 percent each.
Additionally, Rang Dong Plastic JSC (RDP) fell 1.1 percent to drive the plastic sector down after the company said it may sell more than 4.7 million shares in order to provide funding for the construction of a new factory in Long An Province.
On the opposite side, steel producers and property firms helped lift the markets.
Among property developers, An Duong Thao Dien JSC (HAR) rose 2.3 percent after the company targeted much higher earnings this year and allowed more foreign ownership. But the new limit has not been revealed.
Truong Thanh Real Estate and Construction JSC (TEG) increased 4.1 percent after it planned to pay a dividend of 30 percent this year.
Among steel producers, Hoa Sen Group (HSG) surged 6.7 percent after the company recorded a net profit of 418 billion VND (18.6 million USD) in the first quarter of this year, completing nearly 92 percent of the financial year’s plan.
PetroVietnam Fertiliser and Chemicals Corp (DPM) added 3.1 percent after the company increased its dividend payment to 40 percent from 25 percent, which was approved earlier.
The local markets exchanged more than 154.4 million shares worth 2.7 trillion VND (120.2 million USD), a decrease of 6.6 percent from previous day’s trading value.-VNA
Vietnamese shares on April 14 bounced back on both local markets from the falls on previous day as companies announced positive plans this year and large-cap stocks increased.
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.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
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.
Investors on VCBS' exchange floor (Source: VNA)
