Investors at Military Bank Securities Corp. (Photo: VNA)
Hanoi (VNA) ꧟- Vietnamese shares were volatile on July 28 and energy stocks continued to slide on lower oil prices.
The benchmark VN Index on the HCM Stock Exchange struggled to edge up 0.2 percent to close at 657.14 points, extending its gain of 1.3 percent for a second day.
The HNX Index on the Hanoi Stock Exchange retreated 0.2 percent from previous day’s gains to end at 83.52 points.
The oil sector kept weighing on investor confidence, after crude prices extended losing streaks.
London-traded Brent crude dropped 0.6 percent to trade at 43.19 USD a barrel. Brent has decreased by 14.7 percent within the last month.
US crude West Texas Intermediate (WTI) inched down 0.1 percent to trade at 41.89 USD a barrel. US crude has lost 16 percent during the same period.
Oil firms such as PetroVietnam Gas Corp (GAS), PetroVietnam Drilling and Well Service Corp (PVD), and PetroVietnam Coating Corp (PVB) fell between 1.5 percent and 4.1 percent.
Other blue chips such as Vietnam Joint Stock Commercial Bank for Industry and Trade (CTG), insurer PVI Holdings (PVI), Saigon-Hanoi Bank (SHB) and insurer Bao Viet Holdings (BVH) also declined.
On the other hand, Vietnam Dairy Products JSC (Vinamilk), steel producers and brokerage firms helped lifted the local market.
Vinamilk (VNM) rose 1.3 percent, steel producer Hoa Phat Group (HPG) jumped 3.2 percent, Hoa Sen Group (HSG) gained 1.3 percent and Tien Len Steel Corp (TLH) added 1.9 percent.
Brokerage firms were among the best-gaining sector, led by Saigon Securities Inc (SSI), HCM City Securities Corp (HCM), VNDirect Securities Corp (VND) and BIDV Securities Inc (BSI).
SSI advanced 2.2 percent, HCM increased by 1 percent, VND was up 2.3 percent and BSI surged 5.1 percent.
The real estate industry was boosted by Vingroup JSC (VIC), Kinh Bac City Development Holding Corp (KBC) and Phat Dat Real Estate Development Corp (PDR).
VIC added 2.9 percent, KBC rose 1.8 percent and PDR moved up 1.6 percent.
Investors remained cautious, resulting in low trading liquidity on both local exchanges. More than 165 million shares were exchanged in total, worth 2.95 trillion VND (131 million USD), a slight increase from previous day’s trading value.-VNA
Vietnamese shares ended down slightly on July 25, falling for a fifth day on both local exchanges as investors remained cautious towards the current market slowdown.
Trading in real estate stocks has shot up in the last month, with the volume reaching a total of 1.1 billion shares, a seminar heard in HCM City on July 25.
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.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
Investors at Military Bank Securities Corp. (Photo: VNA)
