Want to be in the loop?
subscribe to
our notification
Business News
MARKET KICKS OFF MARCH POSITIVELY AS VN-INDEX APPROACHES 1,310 POINTS
Market breadth remained relatively balanced, with 157 gainers compared to 158 decliners.
Vinamilk's automated dairy production line in Bình Dương Province. The dairy producer's VNM shares rose on Monday, helping the VN-Index approach the 1,310-point mark. — VNA/VNS Photo
HÀ NỘI — The stock market started the first trading session of March on a positive note, with the VN-Index edging closer to the 1,310-point mark. Liquidity saw a significant increase, while foreign investors continued their net-selling trend.
On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index gained 4.01 points, or 0.31 per cent, closing at 1,309.37 points. Market breadth remained relatively balanced, with 157 gainers compared to 158 decliners. Trading liquidity surged to VNĐ21.1 trillion (US$826.9 million), with nearly 977 million shares changing hands.
The VN30-Index, which tracks the 30 largest stocks by market capitalisation, also rose by 4.73 points, or 0.35 per cent, to 1,361.16 points. Among the VN30 basket, 18 stocks advanced, eight declined and four remained unchanged.
Leading the market rally was Vinhomes JSC (VHM), which jumped 3.28 per cent, contributing nearly 1.37 points to the VN-Index.
Other key contributors included Việt Nam Dairy Products Joint Stock Company (VNM), which gained 1.61 per cent and Vingroup Joint Stock Company (VIC), which rose 2.06 per cent. Additionally, PetroVietnam Gas Joint Stock Corporation (GAS) and Sài Gòn Thương Tín Commercial Joint Stock Bank (STB) saw gains of 0.88 per cent and 1.57 per cent, respectively.
On the downside, certain banking and large-cap stocks put pressure on the market. Vietnam Joint Stock Commercial Bank for Industry and Trade (CTG) dropped 0.6 per cent, while Tiên Phong Commercial Joint Stock Bank (TPB) declined 2.99 per cent, and Vietnam Rubber Group - Joint Stock Company (GVR) fell 0.9 per cent.
According to analysts at the Việt Dragon Securities: "The market experienced some intraday corrections but quickly found support near the 1,305-point level before rebounding. Liquidity increased compared to the previous session, indicating that buying momentum has strengthened and absorbed profit-taking pressure.
"At present, the market has surpassed the previous peak of 1,306 points and is poised to challenge the 1,310-point threshold.
The analysts suggested that investors could capitalise on short-term buying opportunities, particularly in stocks that have shown strong momentum or are approaching key support levels. However, for stocks that have seen rapid gains and are nearing resistance levels, profit-taking should be considered to manage liquidity effectively.
On the Hà Nội Stock Exchange (HNX), the HNX-Index edged down by 0.36 per cent, closing at 238.34 points. Trading value on the northern exchange exceeded VNĐ1.5 trillion, with over 80 million shares exchanged.
Foreign investors extended their net-selling streak, offloading shares worth over VNĐ383 billion on the HoSE. — BIZHUB/ VNS
Source: VNS
Related News
MEMBER CORNER / PROMOTIONS
COSMOPARK – ENERGY ADVANTAGES FOR POWER-INTENSIVE INDUSTRIES
As global corporations place increasing emphasis on energy security, renewable energy adoption, and carbon emissions reduction, electricity is no longer viewed merely as a component of technical infrastructure. For high-tech projects, data centers, and large-scale manufacturing facilities, reliable energy infrastructure has become a critical factor in investment location decisions.
VIETNAM ECONOMY INVESTMENT
FIRMS EXPECT STRONGER Q4 ACTIVITY DESPITE COST, FINANCING PRESSURES
More than VNĐ5 quadrillion is registered to be poured into the economy in the first nine months of this year, up 6.1 per cent. Enterprises are expecting stronger business and production in the last quarter of this year, with new orders, output and labour demand set to improve, although high input costs and cash-flow constraints remain major concerns, according to a survey by the National Statistics Office (NSO) released late last week.
VIETNAM ECONOMY INVESTMENT
LOW-ALTITUDE ECONOMY COULD GROW TO $500 MILLION BY 2035
Việt Nam's low-altitude economy is at an early stage of development and is forecast to grow by around 13 per cent annually by 2035. Việt Nam is seeking to develop a broader low-altitude economy ecosystem, moving beyond drone manufacturing to applications, data services and supporting infrastructure, as unmanned aerial vehicles (UAVs) create new opportunities in agriculture, logistics, energy, transport and other sectors.
MEMBER CORNER / PROMOTIONS
COSMOPARK ECO INDUSTRIAL ZONE – A STRATEGIC DESTINATION FOR HIGH-TECH AND SUSTAINABLE INVESTMENT IN SOUTHERN VIETNAM
As international manufacturers continue to diversify their supply chains and expand their presence in Asia, Vietnam is becoming increasingly relevant to companies seeking a long-term manufacturing and investment base. Beyond land availability and operating costs, investors are placing greater emphasis on tax efficiency, investment tenure, regional connectivity, infrastructure readiness, energy security, digital capability, sustainability and future expansion potential.
MEMBER CORNER / PROMOTIONS
THE REVERIE SAIGON AND ZS HOSPITALITY UNVEIL LYS: A SOFT FRENCH IDENTITY BLOOMS IN HO CHI MINH CITY
On 15th October, an expressive new story unfolds at The Reverie Saigon as Hong Kong-based ZS Hospitality marks its international debut with Lys. Rooted in a gentle, contemporary French culinary identity, Lys combines quiet refinement, luminous local freshness and poetic personal connection bridging Italy and Vietnam. The opening is a pivotal moment, contributing to the collective ambition of establishing Ho Chi Minh City as one of Asia’s premier gastronomic destinations.
VIETNAM ECONOMY INVESTMENT
VIETNAM’S REGISTERED FDI SURPASSES $50 BILLION IN NINE MONTHS
According to the National Statistics Office under the Ministry of Finance, total registered foreign direct investment (FDI) reached $50.36 billion as of September 30, up 76.4 per cent on-year. Of the total, newly registered capital came from 3,108 newly licensed projects with combined registered capital of $29.24 billion, up 6.2 per cent in project numbers and 2.4 times the registered capital compared with the same period last year.
Events Sponsors
