Vietnamese shares declines on May 24 as investors were prudent with their transactions. (Photo: VNA)
Hanoi (VNA) – Vietnamese shares declined on May 24 as investors wereprudent with their transactions.
The investors splashed out 4.5 trillion VND (198 million USD) purchasing 163.1million shares on the day, or two thirds of the volume sold on May 23.
The benchmark VN Index on the Ho Chi Minh Stock Exchange dropped 3.02 points toclose at 985.92 points at the end of the trading day.
The HNX Index on the Hanoi Stock Exchange fell 1.04 points to 117.07 pointswhile the UpCoM Index on the Unlisted Public Company Market lost 0.19 to closeat 53.88 points.
Laggardswere seen in the stocks of security, insurance, banking, retail sale and wholesale sectors.
Large-cap stocks like VNM, VHM and VIC performed well and closed in greencolour. Meanwhile, the sale of GAS, VCB and BID went in contrary trend.-VNA
Vietnam’s stock market recorded a memorable trading session on May 18 when total transaction value surpassed 35 trillion VND (1.54 billion USD) on the Ho Chi Minh Stock Exchange (HOSE).
Selling pressure embraced the whole stock market on May 21, pushing the VN-Index on the Ho Chi Minh Stock Exchange (HOSE) down to 1,014.98 points, a fall of 25.56 points as compared with the previous day.
Private business conglomerate Vingroup is seeking shareholders’ approval for targets of 34 percent and 50 percent increases in revenue and net profit, respectively, this year.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
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The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
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.
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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.
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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.
Vietnamese shares declines on May 24 as investors were prudent with their transactions. (Photo: VNA) 
