An investor checks share prices on MB Securities Co’s trading floor (Photo: VNA)
Hanoi (VNS/VNA) - Stocks struggled on August 30 morning, but buying power was overwhelming in the afternoon’s session, helping the market rebound.
The benchmark VN Index on the HCM Stock Exchange advanced 1 percent to close at 998.07 points, reversing its loss of 0.71 percent on August 30.
The HNX Index on the Hanoi Stock Exchange gained 0.71 percent to end at 113.59 points. It gained 0.48 percent on the day.
More than 234.3 million shares were exchanged on the two bourses, worth 5.4 trillion VND (232.5 million USD).
Market trading was positive with 258 gaining stocks and 185 decliners, while 301 stocks ended flat.
The blue-chip VN30 Index, which tracks the 30 largest shares by market capitalisation, rose 1.08 percent to 975.43 points.
Cash was poured into large-caps, with gainers including Masan Group (MSN), budget airline Vietjet (VJC), Saigon Securities Incorporation (SSI) and dairy firm Vinamilk (VNM).
In particular, petroleum stocks made gains thanks to increasing global oil prices.
PetroVietnam Gas Joint Stock Corporation (GAS) increased 4 percent, PetroVietnam Drilling & Well Services Corporation (PVD) advanced 3.3 percent, PetroVietnam Technical Services Corporation (PVS) moved up 5.8 percent and Vietnam National Petroleum Group (PLX) gained 2.2 percent.
WTI crude oil rose 1.4 percent to trade at 69.51 USD per barrel. Brent crude oil rose 0.98 percent to 77.04 USD per barrel.
Banking stocks also increased across the board, driving the market up. Among the gainers were JSC Bank for Investment and Development of Vietnam (BID), Vietcombank (VCB), Vietinbank (CTG), Techcombank (TCB), VPBank (VPB) and Military Bank (MBB), up between 1 and 3.7 percent.
The UPCOM Index on the Unlisted Public Company Market (UPCoM) edged up 0.88 percent to finish at 51.78 points. The unlisted market index increased 0.1 percent in the previous session.-VNS/VNA
The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) dropped 16.9 points to settle at 961.37 points on August 15, with over 188.9 million shares changed hands at a value of over 4.45 trillion VND (191.3 million USD).
Vietnamese shares are forecast to extend their growth in the final week of August by a marginal rate while volatility is widely expected by analysts as buyers are believed to be cautious due to the lack of news that could bolster optimism in the market.
The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) gained 4.87 points to stay at 991.92 points on August 27, with 189.5 million shares valued at more than 4.47 trillion VND (192 million USD) traded.
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.
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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.
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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.
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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.