A trading session at the Hanoi Stock Exchange (Photo: VNA)
Hanoi (VNA) - Vietnamese shares struggled to extend gains on𒁃 September 20 on late buying in large-cap stocks during the near-end period of the session.
The benchmark VN Index on the HCM Stock Exchange rose 0.8 percent to close at 663.37 points, making a two-day increase of 1.8 percent.
The HNX Index on the smaller Hanoi Stock Exchange edged up 0.2 percent to end at 82.90 points, up 0.7 percent after the last two sessions.
“Late buying from domestic investors and the decrease of foreign selling were the major factors that helped boost the market,” BIDV Securities Co (BSC) wrote in its daily report.
“Investor sentiment also improved after the exchange-traded funds (ETFs) completed re-arranging their investment portfolios last week.”
“Those factors helped bolster investor confidence in large-cap stocks and directly drove the market up,” BSC said.
Better investor confidence helped lift five of the 10 largest stocks by market capitalisation, including Vietcombank (VCB), the Bank for Investment and Development of Vietnam (BID), PetroVietnam Gas Corp (GAS), property and retail firm Vingroup JSC (VIC) and consumer goods producer Masan Group (MSN).
VCB rose 2.2 percent, BID was up 1.3 percent, GAS and MSN jumped 3.1 percent and 3.2 percent, respectively, and VIC edged up 0.7 percent.
Other blue chips such as dairy firm Vinamilk (VNM) were also boosted after falling 2.2 percent to near the lowest trading value of the day at 133,000 VND per share. VNM closed flat on September 20 .
Foreign investors remained as net sellers for a 15th day, recording a net sell value of 57.37 billion VND (2.57 million USD ) on the two local exchanges on September 20, nearly five-fold the value made on September 19. However, this was much lower than last week’s daily average net foreign sell value of nearly 400 billion VND.
The Vietnamese central bank on September 20 cut its daily reference mid-point rate for currency trading between the do ng and the USD by 6 VND to 21,953 VND for one US dollar. The reference mid-point rate has been on an upward trend for the last six weeks, hitting the highest value of 21,959 VND on September 19 .
“Investors should keep watching the changes of the reference mid-point rate closely as the US central bank may increase its interest rate in September – the first rate hike this year – and Vietnam may have to deal with a trade deficit during the year-end,” Bao Viet Securities Co said in a note.
Better investor sentiment also resulted in a rise in market trading liquidity. More than 160 million shares were exchanged on September 20 worth 3.54 trillion VND, an increase of 22.7 percent from previous day’s trading value.-VNA
HCM City Party Secretary Dinh La Thang on May 24 repeated his wish to locate the Vietnam Stock Exchange (VSE) in HCM City at a meeting held with Deputy Prime Minister Vuong Dinh Hue in the city.
The Saigon Beer, Alcohol and Beverage Corp (Sabeco) may get permission to be listed on the stock exchange in the near future, the Ministry of Industry and Trade (MoIT) said in a statement.
Vietnamese shares fell further on September 7, driven down by dairy firm Vinamilk while foreign investors remained net sellers for six consecutive sessions.
Shares on the HCM Stock Exchange lost early gains in the morning trade on September 15 as increased foreign selling continued to weigh on large-cap stocks.
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.
A trading session at the Hanoi Stock Exchange (Photo: VNA)
