Investors at VNDirect Securities in Hanoi. (Source: VNS)
Hanoi (VNA) - Vietnamese shares rose on both local ﷽exchanges on January 6 as investors targeted stocﷺks that have had large declines recently.
The benchmark VN Index on the HCM Stock Exchange gained 0.8 percent to close at 674.75 points, ending a three-day decline of 1.6 percent.
The HNX Index on the Hanoi Stock Exchange was up slightly by 0.3 percent to finish at 78.68 points after falling 1.9 percent during the previous two days.
The gains were attributed to a technical recovery after investors purchased large-cap stocks that had declined sharply in the previous three days, Sai Gon Ha Noi Securities Corporation (SHS) wrote in a report.
Those stocks included food and beverage producer Masan Group (MSN), which gained 1.3 percent after it had fallen 3.2 percent in the previous two days, dairy firm Vinamilk (VNM), which was up 0.8 percent after dropping 2.3 percent in two days, and food grower Hoang Anh Gia Lai JSC (HAG), which jumped 4.2 percent after pulling back 10.3 percent in four days.
Vietnam's stock markets also received support from positive moves on China's stock market after the Chinese Government calmed down local investors following a sharp decline on January 4 by extending a ban on stock sales by large shareholders, Bao Viet Securities Corporation (BVSC) said.
In addition, a flat Vietnamese dong helped bolstered investor confidence in financial firms, such as Vietcombank (VCB), insurer Bao Viet Holdings (BVH), the Bank for Investment and Development of Vietnam (BID) and Vietinbank (CTG), which gained 1.2 percent, 2.9 percent, 0.5 percent and 1.1 percent, respectively.
The US benchmark crude West Texas Intermediate (WTI) yesterday ended almost flat in global oil markets. However, the local energy sector suffered as WTI crude had dropped 2.1 percent on January 5 to close trading at 35.97 USD a barrel.
Both local markets traded more than 133 million shares for a value of nearly 2 trillion VND (87.8 million USD), slightly decreased from the previous trading value.-VNA
Vietnamese shares rose on both local markets on December 29 after the Government clarified investment conditions for overseas investors in local firms.
Vietnamese shares on January 5 extended losses on both local markets for a second day as investors remained cautious amid volatility in Chinese stock markets.
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.
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.
Investors at VNDirect Securities in Hanoi. (Source: VNS)
