Vietnamese shares gained slightly on November 20 as investors bet property companies will benefit from a stronger real estate markets over the coming months.
Investors at stock trading floor of BIDV Securities. (Source: VNA)
Hanoi (VNA) - Vietnamese shares gained slightly on November 20 as investors bet property companies will benefit from a stronger real estate markets ov🐽er the coming months.
The VN Index on the HCM Stock Exchange and the HNX Index on the Hanoi Stock Exchange inched up 0.4 percent each to finish at 604.46 points and 81.59 points, respectively.
The property developers index rose 1.3 percent with 32 advancing stocks against nine decliners in this industry.
Among gainers, Tan Tao Investment Industrial JSC (ITA) surged 6.5 percent, Nam Long Investment Corporation (NLG) jumped 3.7 percent and Phat Dat Real Estate Development JSC (PDR) gained 2.8 percent.
The biggest property developer Vingroup JSC (VIC) inched up 0.7 percent after the company opened its fifth shopping mall and apartment complex in Hanoi on the day.
Meanwhile, another property giant - FLC Group (FLC) - remained the most active stock for a third day with more than 13.6 million shares traded and ended flat as the company did not make report on the results of its new project in the capital city.
The national stock market also received support from other big stocks such as Hoang Anh Gia Lai Agricultural JSC (HNG) and PetroVietnam Gas Corporation (GAS).
Both local markets traded nearly 191 million shares, worth 2.66 trillion VND (118.3 million USD), an increase of 9.1 percent.-VNA
Vietnamese shares saw solid gains on November 13 on both local exchanges thanks to good news about the property market which boosted real-estate developers.
Vietnamese shares declined slightly on November 16 on both local exchanges, reversing after a two-day winning streak, as the financial sector slumped after the terror attacks in Paris last week.
Vietnamese shares were mixed on the two local exchanges on November 18 amid fears that possible delays to the US finalising the Trans-Pacific Partnership (TPP) will keep local exporters from deeper gl
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.
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.
Investors at stock trading floor of BIDV Securities. (Source: VNA)
