Vietnamese shares rose on both the northern and southern local exchanges on July 16 as more cash was poured into the banking sector.
Banking stocks push
shares up on July 16. (Photo: VNA)
The benchmark VN-Index on the
Ho Chi Minh Stock Exchange edged up 0.15 percent to close at 911.11 points.
Over 136.2 million shares, worth nearly 3.5 trillion VND (154 million USD),
were traded on the day. There were 154 rising codes, and 107 declining codes on
the bourse.
Regarding the Hanoi Stock Exchange, the HNX-Index gained 0.59 percent to settle
at 103.12 points. More than 37 million shares were sold at over 443 billion VND
(19.49 million USD). The bourse saw 90 advancers, and 63 decliners.
Apart from Techcombank (TCB) and Kienlongbank (KLB) which both experienced
price falls, green margins dominated overall banking stocks, including BIDV
(BID) rising 650 VND to 24,150 VND per share; HDBank (HDB) increasing 100 VND
to 33,550 VND; MBBank (MBB) growing 600 VND to 21,400 VND; and Vietcombank
(VCB) inching 100 VND up to 54,900 VND.
The large-cap VN30 group witnessed a surge in the stocks of Bao Viet Holdings
(BVH), Vietinbank (CTG), Hau Giang Pharmaceutical JSC (DHG), Mobile World
Group (MWG), Vietjet Aviation JSC (VJC), and Vinamilk (VNM).
In stark contrast, a sharp fall was seen in the prices of PetroVietnam Gas JSC
(GAS), Hoa Sen Group (HSG), Hoa Phat Group (HPG), Masan Group (MSN), and
Vingroup (VIC).
In the financial service group, Asia-Pacific Investment JSC (API) rose 2,100
VND to 24,700 VND per share; Ho Chi Minh Stock Exchange (HCM) advanced 1,100
VND to 49,900 VND; and Tri Viet Securities Company (TVB) surged 500 VND to
25,000 VND.
Net buying by foreign investors was strong on the HNX with over 1.6 million
shares worth 28.11 billion VND (1.24 million USD). Vietnam Investment
Securities Company’s (IVS) stocks were the most attractive to foreigners who
net bought a value of over 16.8 billion VND (739,200 USD).
On the HOSE, foreign acquirers net sold over 1.18 million shares at 87.67
billion VND (3.86 million USD).
Source: VNA
After more than four years of implementing a project launched by the Hoa Binh Party Committee’s Standing Board on developing agriculture and promoting product consumption linked with building new-style rural areas for the 2021-2025 period, the province’s industry and trade sector has made significant strides, greatly contributing to local socio-economic development.
Luong Son district has identified 2025 as the year for the accelerated breakthrough to successfully implement the socio-economic development plan for the 5-year period from 2021 to 2025. The district has been focusing on executing the plans and trying to achieve a GRDP growth rate of approximately 15%.
Since the beginning of this year, under the direction of the Department of Agriculture and Environment, the Sub-Department of Agricultural, Forestry, and Fishery Product Quality Management has strengthened the integration of the professional activities to promote and guide the organizations and individuals in the production and trading of agricultural, forestry, and fishery products to comply with the legal regulations regarding the use of chemicals, pesticides and veterinary medicines in crop cultivation, livestock farming and aquaculture. They also provide guidance to processing and manufacturing establishments on keeping the records to trace the product origins and using food additives from the approved list according to the regulations.
Hoa Binh province saw a significant rise in state budget revenue in the first two months of 2025, heard a meeting chaired by Vice Chairman of the provincial People’s Committee Quach Tat Liem.
Ha Thi Ha Chi, a 26-year-old graduate in law, has taken an unconventional path by returning to her hometown in Mai Chau district to establish the Tong Dau Cooperative, creating stable jobs for local women and bringing Thai ethnic brocade weaving to the global market.
As the Lunar New Year 2025 approached, pork prices surged, creating a profitable season for farmers in Tan Vinh commune, Luong Son district. Taking advantage of the rising demand, Can Minh Son, a farmer from Coi hamlet, sold over 30 pigs at 69,000 VND/kg, each weighing more than 100 kg. After deducting expenses, his family earned a profit of over 50 million VND.
