Hanoi (VNA) - Vietnamese shares advanced on July 1 as investors counted on a positive o𒁏utlook for the global economy and companies’ second-quarter performance.
The benchmark VN Index on the HCM Stock Exchange rose 1.3 percent to finish at 640.30 points, nearly reaching the two-year high of 640.75 points of September 2014. The southern market index rallied a total 3.1 percent in all five sessions of the week.
The HNX Index on the Hanoi Stock Exchange bounced back 0.5 percent to close at 85.15 points after falling slightly on June 30.
Investors on both local markets traded 166.4 million shares worth 3.37 trillion VND (145 million USD), an increase of nearly 13 percent from the trading value on June 30.-VNA
Vietnamese shares finished lower on June 16, erasing gains in the earlier session, as energy firms extended losses following another drop in crude prices.
Vietnamese shares struggled to remain positive on June 21, though investors remained upbeat ahead of Britain’s vote on the country’s membership of the EU, energy stocks suffered from lower oil prices.
Vietnamese shares dove on June 24’s morning and then climbed slightly as investors reacted in shock to Britain’s decision to terminate its membership in the European Union (EU).
Vietnamese shares struggled to close mixed on June 27, covering some losses as local stocks were attractive to investors after plunging on Britain’s decision to leave the European Union last week.
Vietnamese shares were mixed on June 30 while investors became more confident in property companies on expectations of higher second-quarter performances.
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.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market. It also plans to optimise capital use, manage cash flow and costs, streamline operations, and enhance workforce quality to achieve its 2025 goals.
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.
More than a product showcase, Vietfood & Beverage – Propack Vietnam 2025 is designed as a comprehensive ecosystem where businesses, experts, and consumers can share knowledge, explore technologies, and connect for collaboration.
Both sides expressed their hope that the outcomes of the discussion will continue to improve the efficiency of customs clearance activities at the customs clearance points and dedicated transport routes of the Huu Nghi – Youyi Guan international border gate pair.
The maximum retail price of E5 RON92 petrol has increased by 207 VND to 19,608 VND (0.75 USD) per litre while that of RON95-III rose by 234 VND to 20,074 VND per litre.
Vietnam is now positioning itself as a global manufacturing hub with a diversified export portfolio, improved product quality, and enhanced price competitiveness.
Illustrative photo (Source:VNA)
