Vietnamese shares on April 25 pulled back on both local exchanges after rising sharply over the past two days as investors sought profits from property developers.
Investors on An Binh Securities’ exchange floor (Photo: VNA)
Hanoi (VNA)✨ - Vietnamese shares on April 25 pulled back on both local exchanges after rising sharply over the past two days as investors sought profits from property developers.
The benchmark VN Index on the HCM Stock Exchange inched down 0.2 percent to close at 591.58 points. The southern index jumped 4.3 percent in the previous two days.
The HNX Index on the Hanoi Stock Exchange ended slightly lower at 80.92 points after rising 2 percent during the same period.
The property sector was the factor that drove markets down on April 25 as property firms declined from their recent gains.
Vingroup JSC (VIC) slumped 3.7 percent after VIC surged 9.7 percent in the previous three sessions.
Thu Duc Housing Development Corp (TDH) was down 0.7 percent from a two-day gain of 3.7 percent.
Additionally, local energy stocks suffered losses from a fall in oil prices on concerns that a global glut will be prolonged as Middle East players boost production to maintain current market shares.
US crude West Texas Intermediate (WTI) retreated 1.2 percent from a four-day jump of 9.9 percent last week to trade at 43.19 USD a barrel, and London-traded Brent crude slid 1 percent to trade at 44.66 USD a barrel.
Energy stocks that saw declines included PetroVietnam Gas Corp (GAS), PetroVietnam Coating Corp (PVB) and PetroVietnam Technical Service Corp (PVS).
Those stocks fell 2.4 percent, 6.5 percent and 1.7 percent, respectively.
Two blue chips in the food and beverage industry, dairy firm Vinamilk (VNM) and food producer Masan Group (MSN), also declined.
MSN was down 0.7 percent, extending a loss of 2.1 percent for a second day. VNM also lost 0.7 percent after gaining 2.9 percent in the previous two days.
On the other hand, financial firms boosted both markets as foreign investment continued to focus on these stocks.
Vietcombank (VCB), Vietinbank (CTG), Sacombank (STB) and the Bank for Investment and Development of Vietnam (BID) lifted the banking industry with gains of 0.4 percent, 1 percent, 1.8 percent and 2.9 percent, respectively.
Insurer Bao Viet Holdings (BVH) added 0.9 percent and BIDV Insurance Corp (BIC) was up 0.5 percent after the company announced it will allow foreign investors to own more stakes in the capital.
Two companies in the agricultural sector, Hoang Anh Gia Lai JSC (HAG) and HAGL Agricultural JSC (HNG), surged 5.7 percent and 5.8 percent, respectively, after they received positive support from creditors in dealing with the companies’ total debts.
Both local markets exchanged more than 210 million shares worth 3.77 trillion VND (167.8 million USD), an increase of nearly one-third from last week’s daily trading value.-VNA
The Hanoi Stock Exchange and the Ho Chi Minh Stock Exchange will further professional exchange and support as well as cooperate in areas of shared interest.
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 on An Binh Securities’ exchange floor (Photo: VNA)
