Investors at VP Securities Corporation's exchange floor. (Photo: VNA)
Hanoi (VNA) - Vietnamese shares were mixed on March 14 on the two local exchanges, while energy stocks remained the most important factor๊ to lift the markets.
The benchmark VN Index on the HCM Stock Exchange increased by 0.1 percent to close at 577.98 points, rallying 1.1 percent over a third trading day.
Meanwhile, the HNX Index on the Hanoi Stock Exchange inched down 0.1 percent to finish at 80.00 points. The northern index had gained 1.2 percent in the previous three sessions.
Energy stocks extended rallies on recent gains in global crude prices, remaining the most important factor in lifting markets, Bao Viet Securities Corporation (BVSC) wrote in its daily report.
London-traded Brent crude on March 11 closed last week’s trading at 40.39 USD a barrel, an increase of 4.3 percent from the previous week, and US benchmark crude West Texas Intermediate (WTI) jumped 7.2 percent during last week to close at 38.50 USD a barrel.
Among local energy stocks, PetroVietnam Gas Corporation (GAS) inched up 0.2 percent, while PetroVietnam Drilling and Well Service Corporation (PVD) and PetroVietnam Coating Corporation (PVB) added 1.1 percent and 1.2 percent, respectively.
However, crude prices moved into negative territory during March 14 session after Iran refused to join an agreement on freezing production until it restores its pre-sanction output level. WTI fell 2.1 percent to trade at 37.69 USD a barrel and Brent crude dropped 1.6 percent to trade at 39.73 USD a barrel.
Additionally, steel makers also helped drive the markets up following a circular issued early last week by the Ministry of Industry and Trade to increase tax on imported steel products and protect local producers.
Steel maker Hoa Phat Group (HPG) and Vietnam-Italy Steel JSC (VIS) jumped 4.2 percent each, while Hoa Sen Group (HSG) was up 1.2 percent.
Other stocks that also rose included sugar producer Thanh Thanh Cong Tay Ninh JSC (SBT), HCM City Infrastructure Investment JSC (CII), TNG Investment and Trading JSC (TNG) and food and beverage producer Masan Group (MSN), which rose 6 percent, 1.2 percent, 2.8 percent and 2 percent, respectively.
MSN also recorded a negotiation-based deal, which was worth 3.1 trillion VND (137.8 million USD), which helped the markets trade nearly 231 million shares worth 5.82 trillion VND (259 million USD) – the highest trading value in the last six years.
On the opposite side, financial companies weighed on the markets, led by Saigon-Hanoi Bank (SHB), Military Bank (MBB), the Asia Commercial Bank (ACB), insurer Bao Viet Holdings, HCM City Securities Corporation (HCM) and Saigon Securities Incorporation (SSI).-VNA
Vietnamese shares on March 11 extended gains on both local exchanges, led by the dairy corporation Vinamilk after it announced a plan to raise foreign ownership in the company.
On February 21 Vinh Hoan Fisheries Joint Stock Company became the third listed company to offer 100 percent of its ownership to foreign investors after Government Decree 60/2015/ND-CP took effect.
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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.
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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.
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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.
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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.
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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 VP Securities Corporation's exchange floor. (Photo: VNA)
