Foreign investors buy net 2 million USD on UPCoM in January
Foreign investors in January bought a total net value of 46 billion VND (nearly 2 million USD) worth of shares on the Unlisted Public Company Market (UPCoM).
Facility of Binh Son Refining and Petrochemical Company. (Photo: VNA)
Hanoi (VNS/VNA) -Foreign investors in January bought a total net value of 46 billion VND (nearly2 million USD) worth of shares on the Unlisted Public Company Market (UPCoM).
They bought in 419.4 billion VND worth of shares while selling a total of 373.3billion VND worth of UPCoM shares in the first month of the year.
Binh Son Refining and Petrochemical Company (BSR), the Vietnam Engine andAgricultural Machinery Corporation (VEA) and the Airports Corporation ofVietnam (ACV) were in the top five must-buy and must-sell stocks for foreigninvestors.
Nine companies debuted on UPCoM in January and two were removed, raising thetotal number of companies on the secondary market to 879.
An average of 12.7 million shares was traded in each trading day in January,worth 217 billion VND.
The figures were down 7.28 percent and 10.26 percent from December 2019./.
The Vietnam Travel and Marketing Transport JSC (Vietravel) will trade 12.6 million shares on the Unlisted Public Company Market (UPCoM) on September 27, insiders have said.
Although the Unlisted Public Company Market (UPCoM) attracts less attention from investors than the Ho Chi Minh and Hanoi stock exchanges, the market still offers potential opportunities for market players who thoroughly understand it.
Three large-cap companies that debuted on the Ho Chi Minh Stock Exchange (HoSE) in 2019 saw their shares beaten by the benchmark VN-Index at the end of the year.
Most large-cap firms have released full-year earnings reports for 2019 with 29 companies reporting a pre-tax profit of more than 3 trillion VND (roughly 130 million USD).
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
Facility of Binh Son Refining and Petrochemical Company. (Photo: VNA) 
