New opportunity for Vietnam’s tilapia exports
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.
The ninth petrol price reduction this year and the successful sale ofGovernment bonds worth 1 billion USD on the international marketprovided much-needed support for domestic stock markets on November 7.
Thebond sale has reaffirmed Vietnam 's economic recovery and growthoutlook following the credit upgrade of reputable ratings agencies forthe country.
At the HCM City Stock Exchange, the VN-Indexextended November 6’s gains by adding 0.79 percent to reach 602.59points. Transaction value jumped by nearly 38 percent compared with theprevious session to about 2.2 trillion VND (103.7 million USD), astrading volume increased to 125.6 million shares.
Among the30 largest stocks in terms of capitalisation and liquidity, only fourretreated, including Eximbank, Kinh Do Confectionery, Ocean Group andPetroVietnam Drilling Services.
Meanwhile, exactly 17blue-chip shares posted gains, notably steelmaker Hoa Phat by 2.7percent and private equity group Masan by 4.3 percent. The VN30Index tracking these blue chips rose by 0.82 percent to reach 642.77points.
At the Hanoi Stock Exchange, the HNX-Index climbedby 0.26 percent to reach 89.55 points on a total market value of 654.5billion VND (30.8 million USD). The northern market's blue chips pushedthe HNX30 up by 0.27 percent to 180.13 points.
Trading wasquite active because of real estate shares such as FLC Group, Hoang AnhGia Lai and Kinh Bac Urban City , as well as Tan Tao, Duc LongGia Lai and Tasco.
FLC led the two bourses in tradingvolume yesterday, rising by 5.4 percent with nearly 23 million shareschanging hands. Foreign investors bought 34,200 FLC shares.
Foreigninvestors increased their purchasing activities on November 7, and thisis good news for investors in general. Buyers could consider taking theaction now as shares showed sign of entering a new rally, according toFPT Securities.-VNA
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Vietnam eyes expanded exports to Halal mar♚kets via Malaysia gateway
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Banks accelerat🦄🌳e digitalisation, non-cash payments
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Reference exchange rate down 11 VND on August 8
The State Bank of Vietnam set the daily reference exchange at 25,228 VND/USD on August 8, down 11 VND from the previous day.
Vie𓆏ttel targets double-digit growth through high-tech “make in Vietnam” exports
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Domestic, international players eye Vietnam’s pilot digital ass🎃et market
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Prime Minister orders effective responses 🗹to tariff policies: press conference
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Petrovietnam disburses🌳 over 942 million USD in investment in 7 months
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Reforming industrial policies key to fullyಌ tapping FDI benefits: experts
Vietnam has so far attracted 43,346 valid FDI projects with a total registered capital of 517.14 billion USD. The accumulated disbursed capital is estimated at nearly 331.46 billion USD, accounting for 64.6% of the total registered capital.
