Investors at the Sai Gon Securities Exchange. (Photo: VNA)
Vietnamese shares were mixed on the two local exchanges on October 14 while energy stocks fell further following a decrease in global oil prices.
The VN Index on the HCM Stock Exchange decreased by 0.2 percent to close at 589.98 points, extending its losses for second day, while the HNX Index on the Hanoi Stock Exchange rose 0.1 percent to finish at 80.74 points.
The energy sector fell 2.4 percent as US benchmark crude West Texas Intermediate (WTI) dropped slightly to trade at 46.64 USD a barrel at the end of the October 14 session.
Among energy stocks, Petrovietnam Gas Corporation (GAS) lost 1.1 percent, PetroVietnam Drilling & Well Services (PVD) was down 0.3 percent and PetroVietnam Drilling Mud Corporation (PVC) fell nearly 1 percent.
The banking index fell 2.8 percent as the Chinese government on October 12 reported that its trade volume for September fell 1.1 percent from a year ago while its import value decreased by 17.7 percent.
The data raised a concern among investors about the possibility that China may depreciate its yuan to boost the economy, thus threatening Vietnam's foreign exchange rates, Sai Gon Securities Corporation (SHS) wrote in a report.
SHS also reported that the exchange rate between the dong and the US dollar rose 160 VND from the value last weekend and now stood between 22,380 VND and 22,460 VND.
The brokerage said that such move in the foreign exchange rate made investors become more cautious with their actions during the last few days.
At the end of the day, the biggest banks such as Vietcombank (VCB) lost 1.5 percent, the Bank for Investment and Development of Vietnam (BID) fell 0.8 percent, and Vietinbank (CTG) dropped nearly 1 percent.
VCB also reported a pre-tax profit of 4.52 trillion VND (201.7million USD) after the first three quarters, an increase of 8.3 percent year-on-year.
In addition, some large stocks on the market such as Bao Viet Holdings (BVH) and HDG Pharmaceutical Joint Stock Corporation (DHG) declined after the Government said it doesn't plan to sell stakes in these companies. BVH went down 4.2 percent and DHG fell 1.5 percent.
The two local exchanges traded more than 148 million shares and 2.6 trillion VND (116 million USD) on October 14, an increase of 12.6 percent.
FLC Group (FLC) remained the most active stock on the market for a third day with more than 8.4 million shares in trading. FLC remained flat at the end of the day.-VNA
Shares climbed on October 5 on the nation's two exchanges on brightening export prospects driven by the Trans Pacific Partnership (TPP) free trade agreement.
Vietnamese shares on October 13 declined slightly on both local exchanges after a three-day jump as global oil prices fell, dragging local energy stocks down.
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 at the Sai Gon Securities Exchange. (Photo: VNA)
