Vietnamese shares rose for a second day on both local exchanges on March 24, driven by banking-finance and energy stocks following speculations on a local bank’s divestment from its sub unit and slight increase in oil prices.
An investor watches stock movements (Source: tinnhanhchungkhoan.vn)
Hanoi (VNA) - Vietnamese shares rose for a second day on both localexchanges on March 24, driven by banking-finance and energy stocks followingspeculations on a local bank’s divestment from its sub unit and slight increasein oil prices.
Thebenchmark VN Index on the HCM Stock Exchange edged up 0.4 percent to close at722.14 points, reaching a fresh ten-year high. The southern market index hasgained a total of 1.3 percent in the last two days.
TheHNX Index on the Hanoi Stock Exchange advanced 1.6 percent, the highest dailygrowth since January 3, to end at 91.37 points. The northern market index hasincreased by a total of 1.8 percent after two sessions.
TheMarch 24 gains also helped the VN Index and the HNX Index finish up 1.6 percentand 3.4 percent, respectively, compared to the previous week’s closing levels.
Markettrading liquidity remained high with more than 283.7 million shares beingexchanged, worth 5.25 trillion VND (233.5 million USD). The trading figuresrose sharply from the previous day’s numbers.
Themarket on March 24 was driven up by banking-financial stocks and energy shares,followed by other sectors such as food and beverage producers.
Saigon-HanoiBank (SHB) led the banking sector’s growth, hitting the daily trading growthlimit of 9.6 percent on speculations that the bank may sell nearly half of itsownership in the joint financial arm to foreign investors.
Amongother bank stocks, Asia Commercial Bank (ACB) and Bank for Investment andDevelopment of Vietnam (BID) were up 2.4 percent and 2.6 percent, respectively,and Vietinbank (CTG) and MBBank (MBB) added 1.1 percent and 1.6 percent.
Brokerageand insurance companies also performed well, including insurance-finance group BaoViet Holdings (BVH), MB Securities Company (MBS), Saigon Securities Inc (SSI)and VNDirect Securities Corp (VND).
Energystocks also had a good trading day on a slight increase in global oil prices.Brent crude went up 0.6 percent to trade at 50.85 USD a barrel after havingslid 2 percent in the previous three sessions.
Amonglocal energy stocks, PetroVietnam Gas Corp (GAS) added 2.4 percent,PetroVietnam Drilling and Well Services Corp (PVD) were up 0.5 percent andPetroVietnam Technical Services Corp (PVS) rose by 1.1 percent.-VNA
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
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.
An investor watches stock movements (Source: tinnhanhchungkhoan.vn) 
