Vietnamese shares on July 19 retreated from previous day ’s gains as individual companies declined on bad news in their business activities and lower oil prices extended losses for a second day.
Trading activities at BIDV Securities Corp. (Photo: VNA)
Hanoi (VNA)✃ - Vietnamese shares on July 19 retreated from previous day ’s gains as individual companies declined on bad news in their business activities and lower oil prices extended losses for a second day.
The benchmark VN Index on the HCM Stock Exchange and the HNX Index on the Hanoi Stock Exchange dropped 0.9 percent each to finish at 667.76 points and 86.25 points, respectively.
Vietnam Import-Export Commercial Joint Stock Bank (EIB) declined by 2.4 percent from a four-day surge of nearly 14 percent after it proposed shareholders approve the target net profit of 400 billion VND (17.8 million USD ) for 2016. This figure is nearly half that previously expected, which was 720 billion VND.
Two other large-cap banks, which are the Bank for Investment and Development of Vietnam (BID) and S a i go n Th uo ng T i n Commercial Joint Stock Bank (STB), also recorded losses after recent gains.
BID slumped 3.2 percent after it had risen 5.7 percent in total during the previous four sessions and STB plunged 4.1 percent after a four-day increase of 8 percent.
Real estate and retail corporation Vingroup JSC (VIC) also weighed on local markets as it fell 3.7 percent after the company announced its subsidiary had suspended the loan swap of 1.2 trillion VND with furniture firm Tr uo ng Th a nh Furniture Corp (TTF).
TTF on July 19 plunged 6.7 percent. The furniture firm had soared nearly 19 percent during the previous four trading days.
Oil stocks on July 19 pulled back after crude extended a two-day decrease on global trading.
US crude West Texas Intermediate (WTI) was being traded at 45.08 USD a barrel, down 0.4 percent from previous day and 1.9 percent from July 15 .
London-traded Brent crude slid 0.5 percent to trade at 46.74 USD a barrel, totaling a two-session decrease of 1.8 percent.
Local oil stocks such as PetroVietnam Gas Corp (GAS), PetroVietnam Drilling and Well Service Corp (PVD) and PetroVietnam Coating Corp (PVB) slipped between 1 percent and 2.4 percent.
On the opposite side, Vietnam Dairy Products JSC (VNM) added another 2 percent to hit a new high of 153,000 VND since it began listing in late January 2006.
Two large-cap financial stocks, Joint Stock Commercial Bank for Foreign Trade of Vietnam (VCB) and insurance firm B a o Vi e t Holdings (BVH), also made gains.
Investors traded more than 192.6 million shares worth 3.57 trillion VND, an increase of nearly 16 percent in trading value from the previous session.-VNA
Vietnamese shares advanced on July 7 as investors were upbeat on an uncertain US interest rate increase and higher oil prices helped energy firms rebound.
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.
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.
Vietnamese shares recovered on July 18 from a two-day decline as steel producers advanced on Government’s support and higher second-quarter performances.
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.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
Trading activities at BIDV Securities Corp. (Photo: VNA)
