Investors at the Saigon Securities Inc.’s office in Hanoi (Photo: VNA)
Hanoi (VNA) - Vietnamese shares remained positive on both localexchanges on November 14 as banking-financial stocks performed well on strongforeign purchases.
The benchmark VN Index on the HCM Stock Exchange inched up 0.18 percent toclose at 880.90 points despite strong selling pressure when the benchmarkneared the level of 885 points during the session.
The VN Index has achieved total growth of 5.7 percent after the last eightconsecutive sessions.
The HNX Index on the Hanoi Stock Exchange gained 0.26 percent to end at 107.06points. The northern market index has rallied total 2.1 percent in the lastfive trading days.
More than 266.5 million shares were traded on both local bourses, worth 9.68trillion VND (430.3 million USD).
The stock market continued to be dominated by declining stocks, whichoutnumbered gaining ones by 253 to 204.
The trading figuresposted a decrease of 22 percent in volume and 32 percent in value compared to November13’s numbers.
Banking-financialstocks were the main driving factor pushing local markets up on November 14,after they received strong purchasing from foreign investors.
Foreign investors on the day posted 198.5 billion VND worth of net buy value.
Net foreign investment in shares of Vietcombank (VCB) reached 22.73 billion VND,19 billion VND in Bank for Investment and Development of Vietnam (BID), 18.5billion VND in Viet Capital Securities (VCI) and 10.9 billion VND in HCM CitySecurities (HCM).
Among those four financial stocks, VCI hit its daily increase limit of 6.9percent and the three others were up between 0.2 percent and 1.5 percent.
Large-cap stockscontinued to attract huge investor attention as 20 of the 30 largest shares bymarket capitalisation advanced. The VN30 Index increased by 0.34 percent to871.08 points.
On the negative side, profit-taking strengthened when some stocks reachedinvestors’ expected profitable price ranges.
Dairy producer Vinamilk (VNM) fell 2.4 percent after it had gained nearly 17percent in the previous four sessions. Bình Minh Plastic Co (BMP) dropped 1.7percent from a six-day increase of total 21 percent. -VNA
The capital market has an important role to the country’s socio-economic development as it connects indirect investment flow through the securities market, said Deputy Prime Minister Truong Hoa Binh.
The stock market will feature a series of initial public offerings (IPOs) by State-owned enterprises (SoEs), including mega corporations, this year-end.
The benchmark VN-Index is heading to the 870-point landmark this week with the support of large-cap stocks experts have predicted, but cautioned a likely correction after a long rally.
Shares advanced further on both local exchanges on November 13 as investors eagerly anticipated some companies’ sale of more shares to reduce the State’s capital holdings, and by the impacts of the APEC event last week.
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.
Investors at the Saigon Securities Inc.’s office in Hanoi (Photo: VNA) 
