Insurance shares drive-up VN-Index

Insurance shares took the lead on the market on July 7 to drive the VN-Index on the HCM Stock Exchange to reach the benchmark of 630 points.
Insurance shares took the lead on the market on July 7 to drive theVN-Index on the HCM Stock Exchange to reach the benchmark of 630 points.

The VN-Index was up 0.81 percent to close July 7 session at630.27 points on a balanced performance with 113 gainers and 113decliners.

All insurance shares rose, with three hitting theceiling prices, including BIDV Insurance Corporation (BIC), Bao MinhInsurance Corporation (BMI) and Bao Viet Holdings (BVH).

The Bankfor Investment and Development of Vietnam (BIDV) and Vietinbank (CTG)received strong foreign purchases from the market and made gains of 5.53and 2.46 percent, respectively.

Other blue chips, including MaSan Group (MSN), Vietnam Dairy Products Joint Stock Corporation (VNM),Hoa Sen Group (HSG) and Southern Rubber Industry Joint Stock Company(CSM) also recorded significant gains in their market values.

However,the market growth was somehow held back by some large-cap shares. ThePetrovietnam Drilling and Well Service Corporation (PVD) dropped by 1.58percent while Vietcombank lost 0.92 percent on the market.

Securitiesshares – one of the four main shares on the market – extended theirlosses from the previous session. Two large-cap securities shares, HCMCity Securities Corporation (HCM) and Saigon Securities Incorporation(SSI), decreased.

FLC Group (FLC) was the most active code on themarket with more than 11 million shares traded. Japan Vietnam MedicalInstrument Joint Stock Company (JVC) continued to record a large tradingvolume with 10 million shares traded.

On the Hanoi StockExchange, the HNX-Index lost 0.03 percent to end at 89.44 points as mostgas and securities shares fell from the previous session.

Therewas no remarkable trading on the northern bourse on July 7, except thatHanoi Investment General Corporation (SHN) rose by 9.76 percent inmarket value to 13,500 VND per share and traded only 1 million shares.

FITInvestment JSC (FIT) was the most active code on the northern bourse,trading 6.7 million shares and gaining 2.36 percent to reach 13,000 VNDper share.

Overall, foreign investors slightly extended theirtotal buy value on the national stock market to 75 billion VND (3.47million USD). The market traded nearly 233.6 million shares worth 3.87trillion VND (179 million USD).-VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.