Vietnamese shares rose on both local exchanges on July 28, led by the finance-banking sector after Asia Commercial Bank released its second-quarter earnings report.
Vietnamese shares rose on both local exchanges on Friday, led by the finance-banking sector after Asia Commercial Bank released its second-quarter earnings report. (Source: VNA)
Hanoi (VNA) - Vietnamese shares rose on both local exchanges on July28, led by the finance-banking sector after Asia Commercial Bank released itssecond-quarter earnings report.
The benchmark VN Index on the HCM Stock Exchange gained 0.72 percent to closeat 777.09 points, rebounding from the previous day’s loss of 0.3 percent.
The HNX Index on the Hanoi Stock Exchange rose 0.93 percent to end at 100.55points. The northern market index has rallied 3.7 percent in the last foursessions. The VN Index rose 2 percent for the week and the HNX Index increased by 2.6 percent.
The two local indices also posted weekly gains after July 28. The VN Index rose2 percent for the week and the HNX Index increased by 2.6 percent.
More than 278.7 million shares were traded on both local bourses, worth 4.75trillion VND (211.4 million USD).
The July 28 trading figures were 38 percent and 33 percent higher in volume andvalue, respectively, compared to July 27’s.
The stock market was boosted after Asia Commercial Bank (ACB) released itssecond-quarter earnings report.
The HNX-listed bank reported itspost-tax profits in the second quarter rose 42 percent year-on-year to 501billion VND, making its post-tax profit for the first six months of this yearof 1.26 trillion VND.
ACB shares advanced 1.6 percent, liftingother bank shares such as MBBank (MBB), Eximbank (EIB) and Bank for Investmentand Development of Vietnam (BID).
Those bank stocks went up between 0.4 percent and 5.9 percent.
Shares of brokerage and insurance companies also performed well with gainersincluding insurance firms PVI Holdings (PVI) and Vietnam National Reinsurance(VNR), and brokerages Agribank Securities (AGR), Sài Gòn-Hà Nội Securities(SHS) and VNDirect Securities (VND).
Other sectors with strong growth on July 28 included property developers,construction companies, agriculture firms and retailers.
Though the stock market recovered on both local exchanges after having slightlyfallen on Thursday, investors will remain cautious with the market conditionsin the coming sessions, BIDV Securities (BSC) wrote in its daily report.
“Investors will focus their money on large-cap stocks, which are secure assetsin their liquidity and financial status, and the stock market will have achance to overcome the level of 780 points.” ./.
Vietnamese shares bounced back from a three-day losing streak on July 25 as investor confidence rebounded on banks’ six-month results and a lower chance of margin-call risk.
Vietnamese shares rose for a second session on July 26 on both local exchanges with investors picking up stocks on expectations of future market prospects.
Representatives of the PetroVietnam Securities Incorporated (PSI) and the Vinacomin Power Holding Corporation told an investors’ conference on July 26 that they were encouraged by investors’ interest shown in purchasing Vinacomin shares.
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.
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.
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.
Vietnamese shares rose on both local exchanges on Friday, led by the finance-banking sector after Asia Commercial Bank released its second-quarter earnings report. (Source: VNA) 
