Investors at VP Securities Corporation's exchange floor. (Photo: VNA)
Hanoi (VNA) - Vietnamese shares were mixed on March 14 on the two local exchanges, while energy stocks remained the most important factor to lift theꦯ markets.
The benchmark VN Index on the HCM Stock Exchange increased by 0.1 percent to close at 577.98 points, rallying 1.1 percent over a third trading day.
Meanwhile, the HNX Index on the Hanoi Stock Exchange inched down 0.1 percent to finish at 80.00 points. The northern index had gained 1.2 percent in the previous three sessions.
Energy stocks extended rallies on recent gains in global crude prices, remaining the most important factor in lifting markets, Bao Viet Securities Corporation (BVSC) wrote in its daily report.
London-traded Brent crude on March 11 closed last week’s trading at 40.39 USD a barrel, an increase of 4.3 percent from the previous week, and US benchmark crude West Texas Intermediate (WTI) jumped 7.2 percent during last week to close at 38.50 USD a barrel.
Among local energy stocks, PetroVietnam Gas Corporation (GAS) inched up 0.2 percent, while PetroVietnam Drilling and Well Service Corporation (PVD) and PetroVietnam Coating Corporation (PVB) added 1.1 percent and 1.2 percent, respectively.
However, crude prices moved into negative territory during March 14 session after Iran refused to join an agreement on freezing production until it restores its pre-sanction output level. WTI fell 2.1 percent to trade at 37.69 USD a barrel and Brent crude dropped 1.6 percent to trade at 39.73 USD a barrel.
Additionally, steel makers also helped drive the markets up following a circular issued early last week by the Ministry of Industry and Trade to increase tax on imported steel products and protect local producers.
Steel maker Hoa Phat Group (HPG) and Vietnam-Italy Steel JSC (VIS) jumped 4.2 percent each, while Hoa Sen Group (HSG) was up 1.2 percent.
Other stocks that also rose included sugar producer Thanh Thanh Cong Tay Ninh JSC (SBT), HCM City Infrastructure Investment JSC (CII), TNG Investment and Trading JSC (TNG) and food and beverage producer Masan Group (MSN), which rose 6 percent, 1.2 percent, 2.8 percent and 2 percent, respectively.
MSN also recorded a negotiation-based deal, which was worth 3.1 trillion VND (137.8 million USD), which helped the markets trade nearly 231 million shares worth 5.82 trillion VND (259 million USD) – the highest trading value in the last six years.
On the opposite side, financial companies weighed on the markets, led by Saigon-Hanoi Bank (SHB), Military Bank (MBB), the Asia Commercial Bank (ACB), insurer Bao Viet Holdings, HCM City Securities Corporation (HCM) and Saigon Securities Incorporation (SSI).-VNA
Vietnamese shares on March 11 extended gains on both local exchanges, led by the dairy corporation Vinamilk after it announced a plan to raise foreign ownership in the company.
On February 21 Vinh Hoan Fisheries Joint Stock Company became the third listed company to offer 100 percent of its ownership to foreign investors after Government Decree 60/2015/ND-CP took effect.
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.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
Investors at VP Securities Corporation's exchange floor. (Photo: VNA)
