Hanoi (VNA) - Vietnamese shares remained positive on August 11, driven by ♛blue chips such as dairy firm Vinamilk and bank stocks.
The benchmark VN Index on the HCM Stock Exchange gained 1.8 percent to finish at 660.24 points, the highest score in the last three trading weeks.
The southern market index has increased by 5.2 percent in the last four trading days from a one-month low on August 5.
The HNX Index on the Hanoi Stock Exchange added 1.2 percent to close at 83.24 points, totaling a three-session rally of 2.8 percent.
The stock market extended gains as “blue chips continued to rise” and “foreign investors turned to net buyers”, BIDV Securities Corp wrote in its daily report.
Vietnam Dairy Products JSC (VNM) on August 11 jumped 3 percent to hit a new high of 169,000 VND (7.5 USD).
Banks also recorded big gains. Vietcombank (VCB), Saigon-Hanoi Bank (SHB) and Bank for Investment and Development of Vietnam (BID) added between 2.4 percent and 4.7 percent.
Hoang Anh Gia Lai JSC (HAG) and its subsidiary Hoang Anh Gia Lai International Agriculture JSC (HNG) surged 6.8 percent and 6.2 percent, respectively.
Those two stocks have soared 23.5 percent and 21 percent in the last four sessions on speculations that Hoang Anh Gia Lai JSC’s debt restructuring plan has been approved, Bao Viet Securities Corp said in a report.
Automobile traders such as TMT Motors Corp (TMT), Hoang Huy Investment Services JSC (HHS) and Hang Xanh Motors Service JSC (HAX) advanced between 6.6 percent and 6.8 percent.
Those auto traders have increased by at least 12 percent in the last few days after a recent report published by the Vietnam Automobile Manufacturers’ Association showed that car sales in July rose by 15 percent from the previous month and 38 percent over a year.
Steel producers also made good gains, including Hoa Phat Group (HPG), Hoa Sen Group (HSG) and Tien Len Steel Corp (TLH).
Property developers Tan Tao Investment and Industry Corp (ITA) and Kinh Bac City Development Holding Corp (KBC) were the most active stocks. Each stock had more than 10 million shares being traded during the day.
Investors exchanged more than 184.6 million shares worth 3.17 trillion VND (141 million USD) during the day, an increase of 14 percent from previous day’s trading value.-VNA
Shares lost most of the value gained in morning session on August 4 as increased investor selling in the afternoon eroded confidence in the ongoing rally.
Singapore government’s investment fund GIC Private Limited (GIC) is negotiating to buy at least 7 percent of the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank).
Vietnamese shares were mixed on August 8 while investor confidence in the market prospects remained low, pulling market trading to its lowest level since mid-February.
Vietnamese shares extended gains for the third day in a row on August 10 as investor confidence recovered, boosting large-cap stocks and market trading liquidity.
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.
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.
Investors follow market movements on FTP Securities’ trading floor. (Photo: VNA)
