Business

Foreign investors shore up Index

Buoyed by heavy foreign investor interest in a few key stocks, the VN-Index gained 1.2 percent on Jan. 20 to close the day's session on the HCM Stock Exchange at 511.98 points – even as declining shares outnumbered gainers by 129-99.
Buoyed by heavy foreign investor interest in a few key stocks, theVN-Index gained 1.2 percent on Jan. 20 to close the day's session on theHCM Stock Exchange at 511.98 points – even as declining sharesoutnumbered gainers by 129-99.

Bao Viet Holdings(BVH) and Masan Group (MSN), both having a large impact on movements ofthe VN-Index, each rose to their ceiling prices on the day, with foreigninvestors accounting for over 80 percent of the volume in both stocks.

Foreign investment funds might be playing a shellgame of stepping up buying of certain blue chips that have a heavyinfluence on the VN-Index, thereby increasing the net value of theirentire portfolios, said an expert familiar with the industry who askedto remain anonymous.

Foreign investors bought a netof 2.3 million shares on the HCM exchange on Jan. 20, accounting for18.2 percent of the total market volume of 41.2 million shares. Thevalue of trades remained modest at 1.1 trillion VND (52.4 million USD).

On the Hanoi Stock Exchange, the HNX-Index fell for athird day, closing off by 0.23 percent to 107.02 points. The volume oftrades continued low at 21.6 million shares, worth a total of 394.9billion VND (18.8 million USD).

Tien Phong Plastics(NTP) and Asia Commercial Bank (ACB) were the only leading shares bycapitalisation to post gains on the day.

On the day,the Hanoi Statistics Office announced January inflation data forHanoi , showing a 1.68 per-cent increase over December. HCM Cityinflation data for January showed a more modest 1.01 percent increase./.
Follow VietnamPlus

See more

Processing dragon fruit for exports (Photo: VNA)

Overseas Vietnamese help Vietnamese products go global

In 2016, approximately 4.5 million Vietnamese were residing in 109 countries and territories. Today, the figures have risen to over 6 million and more than 130, respectively. Once focused on small-scale trade, many OV entrepreneurs now own major retail centres and operate extensive wholesale networks, boosting the availability of Vietnamese products abroad.

Illustrative image (Photo: VNA)

PM orders fast-track construction of Lao Cai - Hanoi - Hai Phong railway

The Minister of Construction was asked to work closely with local authorities to hasten land clearance, compensation, resettlement, site surveys, and the drafting of a feasibility study, which must be completed by June 2025, setting the stage for the project's groundbreaking on December 19, 2025.

LNG import operations at Thi Vai terminal. (Photo: VNA)

Vietnam cuts LNG import tariff to boost clean energy transition

The Vietnamese Government has reduced the preferential import tariff on liquefied natural gas (LNG) from 5% to 2% under Decree No. 73/2025/ND-CP, issued on March 31. The move marks a key step in accelerating the country’s shift from fossil fuels to cleaner energy.

Prime Minister Pham Minh Chinh chairs the meeting (VNA)

PM urges proactive engagement with US on trade talks

Trade negotiations with the US must be calm, consistent, and flexible, aiming to protect national sovereignty, security, and interests, while upholding international commitments and pursuing “balanced interests, shared risks," said Prime Minister Pham Minh Chinh.

Fisshing vessels in Quang Binh province (Photo: VNA)

Vietnam races against time to have EC’s "yellow card" lifted before Sept. 15

The Ministry of Agriculture and Environment particularly focused on resolving all EC concerns before September 15, the deadline for submitting a progress report to the commission, as well as ensuring thorough preparations for the fifth inspection so as to secure the removal of the “yellow card” warning.

The daily reference exchange rate for the US dollar is set at 24,960 VND/USD on April 29. (Photo: VNA)

Reference exchange rate down April 29

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,960 VND/USD on April 29, down 4 VND from April 28.

Investment in artificial intelligence surges eightfold compared to 2023 (Photo: VNA)

Investment in AI in Vietnam increases eightfold

Vietnam is entering a new phase of growth, where innovation, science, and technology are at the forefront of shaping its future. From being an emerging market, Vietnam has now risen to become a strategic destination for technology investment in Southeast Asia, driven by the aspirations of the entrepreneurial community and strategic guidance from the government

The talks between Vietnamese Minister of Industry and Trade Nguyen Hong Dien and Cambodian Minister of Commerce Cham Nimul on April 28 (Photo: VNA)

Vietnam, Cambodia seek ways to bolster economic, trade ties

Vietnam and Cambodia inked an agreement on promoting bilateral trade for the 2025–2026 period, which provides preferential tariffs for many competitive goods from each side – much more favourable than those under the ASEAN Trade in Goods Agreement (ATIGA).

President of Vietnam Luong Cuong (10th from left), Party General Secretary and President of Laos Thongloun Sisoulith (ninth from left), and officials of the two countries at the inauguration ceremony of Wharf No. 3 of Lao - Viet International Port on April 28 (Photo: VNA)

New wharf at Lao - Viet Int’l Port inaugurated

The launch of Wharf No. 3 of Lao - Viet International Port expected to help ensure infrastructure for socio-economic development in both Vietnam and Laos, meeting the increasing demand for goods transportation.