Vietnamese shares were mixed on September 7 as investors await a decision on US interest rates later this month.
The benchmark VN-Index on the HCM Stock Exchange edged down 0.3 percent to close September 7 session at 554.93 points. It gained 0.5 percent on September 4.
On the Hanoi Stock Exchange, the HNX-Index declined for a third day in a row, losing 0.4 percent to end at 75.99 points.
"Investors are cautious in this period, especially ahead of the US Federal Reserve's meeting on September 16-17," said Bui Nguyen Khoa, an analyst at BIDV Securities Co.
Domestic investors have been paying closer attention to global factors after the Vietnamese stock market took a big hit from the recent Chinese stock rout.
Khoa said stocks will likely trade in a narrow band and with light liquidity in the short term.
"I think the VN-Index will trade between 550-560 points in the near future and could bounce higher if we get positive news," Khoa said.
Only 20 percent of stocks increased on September 7, 33 percent decreased while the others closed unchanged.
Liquidity remained low on the two exchanges.
More than 75 million shares worth 1.7 trillion VND (75.6 million USD) were traded in HCM City's market, lower than an average of 116 million shares worth 2.1 trillion VND (93.3 million USD) per session seen in August.
In Hanoi, almost 28 million shares worth 313.6 billion VND (nearly 14 million USD) were exchanged on September 7, also lower than August's average of 45.5 million shares worth 487 billion VND (21.6 million USD) per day.
Only 22 out of total 675 stocks on the two exchanges had trades of over 1 million shares, of which real estate FLC Group (FLC) and Quang Nam Rubber Investment (VHG) saw the highest volume at over 4 million shares traded on each stock.-VNA
Government Decree 60/2015/ND-CP on scrapping foreign ownership limit in securities market is expected to create huge opportunities for the Southeast Asian country to attract foreign investment.
Vietnamese shares were volatile on August 25, but ended higher as bargain hunters helped the market regain part of Monday (August 24)'s big loss, although the global situation has yet to improve.
Shares rose on August 26 on the two Vietnamese exchanges, prompted by an improvement in investor confidence, although shares across Asia were mixed after a fresh rate cut by the People's Bank of China
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According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
Vietnam Cycle Expo 2025 will coincide with the Vietnam Sport Show 2025, an international exhibition on sports and outdoor entertainment, expected to attract more than 20,000 visitors in the three-day event.
Despite global economic uncertainties, Binh Duong has maintained strong momentum in both exports and industrial production during the first half of 2025.
Illustrative image (Photo: VNA)
