Staff at FPT stock trading floor during their working hours (Photo: VNA)
Vietnamese shares were mixed on September 15 while higher global oil prices helped boost local energy companies.
At the end of the trading session, the VN Index on the Hochiminh Stock Exchange rose 0.2 percent to close at 563.27 points. Meanwhile, the Hanoi Stock Exchange's HNX Index dropped 0.2 percent to finish at 76.64 points, extending the northern market's losses to a fourth day in a row.
Energy firms led gainers as a slight increase in West Texas Intermediate (WTI) crude buoyed energy companies.
WTI crude on September 15 traded at 44.24 USD a barrel, an increase of 0.5 percent from 44 USD a barrel on the previous day.
Petrovietnam Gas Corp (GAS) was up 0.6 percent, Petrovietnam Drilling & Well Services (PVD) rose 0.3 percent, Petrovietnam Coating Co (PVB) gained 1.4 percent, and Drilling Mud Corp (PVC) increased by 3.1 percent.
A 6.7 percent increase in the Bank for Investment and Development of Vietnam (BID) also helped lift the benchmark VN Index. BID is now the fourth largest company on the Vietnamese securities market with a capitalisation of 80 trillion VND (3.56 billion USD).
Foreign investors bought total 6.7 million BID shares, equal to 73.6 percent of total BID shares that were traded on the market, for total value of 190.6 billion VND (8.5 million USD) – nearly 10 percent of total trading value on both bourses.
BID also topped the market trading with 9.1 million shares being traded, followed by property developer FLC Group (FLC) with nearly 3.8 million shares.
However, BID was the only bank stock that made gains among nine banks on Vietnam's stock market.
Among these banks, Sacombank (STB) was down 3.7 percent, Vietcombank (VCB) fell 1.2 percent, and Military Bank (MBB) lost 3.2 percent.
"The financial sector will likely remain quiet as it has been for the past several days because the firms in this sector are waiting for this week's meeting of the US Federal Reserve to decide whether it will raise the interest rate", brokerage Saigon-Hanoi Securities reported.
Two local bourses traded more than 114 million shares with trading value of 1.95 trillion VND (86.7 million USD), an increase of 11.4 percent from September 14.-VNA
Shares extended rises to a second day on the two exchanges, again propped up by bank and energy stocks, but low liquidity continued to worry investors.
On the HCM Stock Exchange on September 11, the VN-Index lost 0.93 percent to close the session at 566.74 points. It also edged down 0.1 percent the day earlier.
Vietnamese shares extended declines for a third trading session in a row as a bearish oil price forecast from a top US investment bank undermined investor confidence in local energy companies.
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.
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.
Staff at FPT stock trading floor during their working hours (Photo: VNA)
