A trading session at Bao Viet Securities Corp. (Source: VNA)
Hanoi (VNA)🧔 - Vietnamese shares struggled to stay in positive territory on May 25 as the energy sector benefited from a recent recovery in global oil prices.
Local market indices were almost flat. The benchmark VN Index on the HCM Stock Exchange ended at 611.89 points, extending slight gains for a second day, and the HNX Index on the Hanoi Stock Exchange rebounded to close at 81.27 points.
Local energy firms were the centre of attention on May 25 as they received a strong boost from continuous gains in global prices over the last three days.
US crude West Texas Intermediate (WTI) and London-traded Brent crude gained 1 percent each to trade at above 49 USD a barrel.
US crude has increased by 2.8 percent in the last three sessions and Brent crude has added 1.5 percent in the last two trading days.
Energy stocks rose between 1.1 percent and 1.8 percent, including PetroVietnam Gas Corp (GAS), PetroVietnam Technical Service Corp (PVS), PetroVietnam Mud Drilling Corp (PVC) and PetroVietnam Drilling and Well Service Corp (PVD).
Additionally, a growth of 0.9 percent to 156.5 yen per kilo in rubber prices on the Tokyo Commodity Exchange also helped rubber producers like Da Nang Rubber JSC (DRC), Sao Vang Rubber JSC (SRC), the Southern Rubber Industry JSC (CSM), Hoa Binh Rubber JSC (HRC) and Dong Phu Rubber JSC (DPR) increase.
These stocks advanced between 0.3 percent and 2.6 percent on May 25.
On the contrary, local markets lacked support from the banking sector as the industry was mixed and leading banks either had slight gains or remained flat.
Vietcombank (VCB) inched up 0.2 percent while Vietinbank (CTG), the Bank for Investment and Development of Vietnam (BID) and Saigon-Hanoi Bank (SHB) were unchanged.
On the other side, Asia Commercial Bank (ACB), Military Bank (MBB) and Sacombank (STB) declined between 0.5 percent and 2.6 percent.
Banks might have suffered from investors’ cautiousness over a weaker Vietnamese dong after the Chinese yuan slumped to its lowest level against the US dollar since March 2011 amid fears that the US central bank will increase interest rates in June. Such expectations have boosted the dollar in recent trading days.
On May 25, Vietnam’s central bank raised its daily reference mid-point rate by 11 VND to 21,921 VND for a dollar.
Both local markets traded more than 192 million shares worth 2.8 trillion VND (124 million USD), an increase of 9 percent from previous day’s trading value.-VNA
Vietnamese shares on May 20 slid further on both local exchanges as investor confidence in financial firms remained low, following the US central bank’s announcement on the previous day.
Vietnamese shares continued to sink into negative territory on May 23 as investor confidence remained low amid fears of a possible US rate hike in June and oil prices extended their falls.
Vietnamese shares ended with mixed results on the two local exchanges on May 24 while investors remained cautious as local markets lacked supporting information.
Vietnamese Ambassador to the US Nguyen Quoc Dung reviewed key milestones in the bilateral relationship, underscoring the essential and sustained contribution by businesses from both countries, from the time before the normalisation of bilateral ties in 1995 until today, when the two sides are comprehensive stategic partners of each other.
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This year’s event attracted more than 350 entries from cities and provinces across the country, reflecting growing interest in and commitment to the Fourth Industrial Revolution.
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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.
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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.
A trading session at Bao Viet Securities Corp. (Source: VNA)
