Shares bounced back slightly on December 8 on the HCM Stock Exchange but slipped on the Hanoi bourse, affected by the somber result of the State Capital Investment Corporation’s (SCIC) divestment from Vinaconex.
An investor passes electronic stock boards at Tân Việt Securities Inc. (Photo: VNA)
Hanoi (VNA) - Shares bounced back slightly on December 8 on the HCM StockExchange but slipped on the Hanoi bourse, affected by the somber result of theState Capital Investment Corporation’s (SCIC) divestment from Vinaconex.
The VN-Indexon the HCM Stock Exchange inched up 0.16 percent to close the day’s trade at940.16 points after a 3.3-per-cent three-day loss.
Many largecaps recovered on the day and lifted the southern market index.
Overall, 15of the top 30 largest shares by market value and liquidity advanced and 11declined.
The biggestlisted company Vinamilk (VNM) gained 1.13 percent, settling at 188,100 VND (8.25USD) per share, while the real estate giant VinGroup (VIC) and its retail armVincom Retail (VRE) increased 1.4 percent and 2.2 percent, respectively.
Otherleaders also included Masan Group (MSN), up 4.2 percent; Petrolimex (PLX), up2.3 percent; insurer Bao Viet Holdings (BVH) and budget airline Vietjet, up 1.8percent each.
Among thelaggards were brewers Sabeco (SAB) and Habeco (BHN), Vietcombank (VCB),Vietinbank (CTG), FPT Corp (FPT) and steelmaker Hoa Phat Group (HPG).
On the HanoiStock Exchange, the HNX-Index edged down 0.63 percent to end at 113.81 pointsafter a two-day rally.
Thedisappointing results of the capital divestiture of SCIC from the VietnamConstruction and Import-Export Corp (VCG), better known as Vinaconex, hurt VCGstock as well as other stocks that are part of SCIC’s divestment plans,including Binh Minh Plastic (BMP) and Tien Phong Plastics, scheduled fordivestment at the end of this year. Investors bought only 5.6 percent of theVCG shares offered at the auction on the day.
Vinaconex’sshares dropped by 10 percent to 24,800 VND per share. They had risen 40 percentin the past month thanks to the SCIC’s divestment scheme.
Meanwhile,BMP and NTP fell 3.5 percent and 4.5 percent, respectively.
Liquidityremained modest compared to the previous sessions, with 245.6 million sharesworth combined 5.9 trillion VND (259 million USD) being traded in the twomarkets. - VNA
November’s uptrend in Vietnam’s stock market could extend on the back of strong capital inflows from both domestic and foreign investors, analysts said.
The State Capital Investment Corporation (SCIC) has confirmed it will continue its scheduled competitive share offerings in four companies in the latter half of this month.
Shares tumbled for a third straight day on the Ho Chi Minh Stock Exchange on December 7 but rose on Hanoi’s bourse as money inflow channelled into small- and mid-cap stocks.
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 passes electronic stock boards at Tân Việt Securities Inc. (Photo: VNA) 
