Shares ended positive in both local markets on June 1 as investor confidence was bolstered by positive meetings between Vietnam’s Prime Minister Nguyen Xuan Phuc and US officials and businesses.
An investor watches stock movements on a computer screen in Hanoi. (Photo: VNA)
Hanoi (VNA) – Shares ended positive in both local markets on June 1 asinvestor confidence was bolstered by positive meetings between Vietnam’s PrimeMinister Nguyen Xuan Phuc and US officials and businesses.
The benchmark VN Index on the HCM Stock Exchange rose 0.54 percent to close at741.80 points, bouncing back from a two-day decline of 1.1 percent.
The HNX Index on the Hanoi Stock Exchange finished up 0.08 percent at 93.99points, narrowing gain made during June 1’s session. The northern market indexhas increased by a total 0.8 percent in the last two days.
Nearly203.7 million shares were traded on both local bourses, worth 4.13 trillion USD(183.7 million USD).
Large-cape stocks performed well with 70 percent of the 30 largest listedcompanies by market capitalization advancing.
Shares of private low-cost carrier Vietjet (VJC) gained 1.7 percent after thefirm reached 4.7 billion USD worth of agreements with American partners onpurchasing more jet engines and getting technical support and other services.
On the opposite site, steel producers suffers from profit-taking after theymade big gains on May 31 on the new protectionist tariff imposed on imported coloredsteel products.
In addition, energy stocks were hit by a sharp drop in oil prices in the Asiatrading. Shares of energy companies closed down between 0.6 percent and 2percent. - VNA
Shares bounced back May 26 thanks to the growth of a few leading large-cap stocks, but the market is exposed to risk of a downward correction following a prolonged rally.
The Vietnam National Petrolimex Group (Petrolimex) has sold 14.4 million shares at 750 billion VND (32.9 million USD) to foreign investors since the group listed its shares coded PLX on April 21.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
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.
An investor watches stock movements on a computer screen in Hanoi. (Photo: VNA) 
