Vietnamese shares on July 15 fell for a second day as energy firms suffered from lower oil prices and investors continued to seek profits in large-cap stocks.
Investors at a trading session on Bao Viet Securities Corp’s trading floor (Photo: VNA)
Hanoi (VNA)✅ - Vietnamese shares on July 15 fell for a second day as energy firms suffered from lower oil prices and investors continued to seek profits in large-cap stocks.
The benchmark VN Index on the HCM Stock Exchange edged down 0.3 percent to finish at 664.56 points. The southern market index has fallen 1.6 percent in the last two sessions.
The HNX Index on the Hanoi Stock Exchange ended at 6.63 points, down 0.9 percent in total after two trading days.
The energy sector on July 15 suffered losses as global oil prices pulled back from the previous session’s gains.
Large-cap energy stocks such as PetroVietnam Gas Corp (GAS), PetroVietnam Drilling and Well Service Corp (PVD) and PetroVietnam Coating Corp (PVB) dropped between 0.8 percent and 1.7 percent.
The retail sector, led by computer seller FPT Corp (FPT) and Mobile World Investment Corp (MWG), also weighed on the markets.
FPT lost 0.9 percent to erase all gains made in the previous three sessions, and MWG fell 2.1 percent from a four-day increase of 7.7 percent.
The banking sector was dragged down by the Bank for Investment and Development of Vietnam (BID), which slid 0.5 percent from a two-day gain of 4.5 percent, and Joint Stock Commercial Bank for Foreign Trade of Vietnam (VCB), which plunged 3.6 percent to extend a two-day decrease of 6.1 percent.
Large-cap securities stocks continued to decline. Sai Gon Securities Inc (SSI), HCM City Securities Corp (HCM) and Bao Viet Securities Corp (BVS) were down between 0.3 percent and 0.8 percent.
On the positive side, property developers recorded gains. Vingroup JSC (VIC) added 1.9 percent, and Tan Tao Investment and Industry Corp (ITA) advanced 4.3 percent.
Vietnam’s central bank yesterday cut its daily reference mid-point rate by 11 VND to 21,864 VND for a US dollar with a three-per-cent limit on either side of the mid-point rate for local banks to decide their exchange rates. The mid-point rate has decreased by 15 VND after two days.
Investors traded 178.3 million shares worth 3.86 trillion VND (171.4 million USD), a decrease of nearly five percent from the previous session’s trading value.-VNA
Vietnamese shares on July 12 rebounded from a two-day decline as banks advanced on second-quarter profits and higher oil prices pushed energy stocks up.
Vietnamese shares on July 13 extended gains for a second session as investors became highly confident after a decision was made by the PCA to reject China’s territorial claim over the East Sea.
Vietnamese shares retreated from a two-day gain as blue chips ran into profit-taking after recent gains brought some of them to their highest-ever prices.
According to targets adopted at the fifth Party Congress of the Management Board of the Ho Chi Minh City Export Processing and Industrial Zones Authority (HEPZA) on June 22, the zones aim for average capital attraction of 8–10 million USD per hectare, with a 70% disbursement rate of registered capital achieved on schedule.
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.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
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.