The VN-Index on Ho Chi Minh Stock Exchange drops 8.65 points to close at 1,148.49 points on April 16. (Photo: VNA)
Hanoi (VNA) – The VN-Index on Ho Chi Minh Stock Exchange dropped 8.65points to close at 1,148.49 points on April 16 as selling pressure hit manylarge-cap stocks.
Declining stocks dominated the southern bourse, outnumbering gainers by 149 to123. Meanwhile, 61 stocks ended flat.
Underperformed large-cap stocks included those of dairy giant Vinamilk (VNM),down 5,700 VND per share, FLC Faros Construction JSC (ROS) which fell 6,800 VNDper share, Bao Viet Holdings (BVH) which decreased 800 VND per share.
Two large shares in steel industry, HPG and HSG, extended their reduction of upto 1,100 VND and 750 VND per share, respectively.
Meanwhile, oil and gas stocks regained their shine given slight increase in thestocks of Petrolimex (PLX) and Binh Son Refining and Petrochemical Company (BSR).Meanwhile, OIL, PVB and PVO declined 800 VND, 300 VND and 200 VND,respectively.
Red colour dominated bank stocks with seven codes falling their prices: VPV,VCB, VIB, LPB, CTG, BID and BAB. Large-cap stocks VCB and BID suffered steepcut at 2,000 VND per share.
Many property stocks experienced deep fall like NLV (1,600 VND per share), NDN(1,200 VND per share) and SCR (350 VND per share).
The HNX Index on the Hanoi Stock Exchange fell 0.03 point to 133.31 points.
Foreign investors posted a net buy value of 115.41 billion VND (5.07 million USD)with more than 2.5 million shares on the board.-VNA
The VN-Index on the Ho Chi Minh Stock Exchange (HOSE) continued the upward trend on April 6 when it gained nearly 7 points to move closer to the 1,200 point benchmark.
Vietnamese shares declined on April 13 as the market reversed quickly at the end of the trading session, dragged down by blue chips in banking and energy.
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.
The VN-Index on Ho Chi Minh Stock Exchange drops 8.65 points to close at 1,148.49 points on April 16.
