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
Dao Village’s honey – a product certified with a 3-star OCOP (One Commune One Product) rating by Thong Nhat Agricultural Cooperative in Dao Village (Hoa Binh City) – is highly regarded by consumers for its quality, richness, and variety in packaging. The distinctively sweet taste of Dao Village’s honey leaves a lasting impression on anyone who has tried it.
In alignment with Project No. 07-DA/TU, issued by the Hoa Binh provincial Party Committee on November 1, 2021, Lac Thuy district has actively promoted investment and supported the sustainable development of its industrial and handicraft sectors during the 2021–2025 period. Alongside this, the district has remained committed to preserving and revitalising traditional craft villages.
Located in the northern part of Lac Thuy district, with a temperate climate and fertile soil, Phu Thanh commune has great potential and advantages in growing tea. The long-standing experience, combined with strict adherence to organic farming practices in the tea gardens, ensures that the dried tea products from Phu Thanh and Lac Thuy as a whole are sold out immediately upon production, providing a stable and prosperous life for the local people.
Amid efforts to streamline the administrative apparatus, Hoa Binh province has intensified measures to address challenges in land clearance, resettlement support, and infrastructure investment, aiming to speed up the progress of key projects.
Hoa Binh province has posted an unprecedented economic growth rate of 12.76% in the first quarter of 2025, marking its highest quarterly performance to date and positioning it as the second fastest-growing locality in the country, trailing only Bac Giang province.
Under current regulations, products in the One Commune – One Product (OCOP) programme that are rated three stars or higher must undergo re-evaluation every three months. However, in reality, some of these products fail to consistently meet the required standards, raising concerns about the sustainability of their OCOP certification. This underscores the urgent need for producers to enhance product quality and gradually develop their OCOP products into strong, marketable brands.
