Gold spike distracts wary investors

The performance of a few blue chips helped prop up the HCM Stock Exchange again July 14, lifting the VN-Index to a close of 418.93 points – a gain of 0.18 percent over the previous day's close.
The performance of a few blue chips helped prop up the HCM StockExchange again July 14, lifting the VN-Index to a close of 418.93 points– a gain of 0.18 percent over the previous day's close.

Among the 10 leading shares by capitalisation, insurer Bao Viet Holdings(BVH), PetroVietnam Finance (PVF) and Vietcombank (VCB) all rose totheir ceiling prices, while real estate developer Hoang Anh Gia Lai(HAG) and Phu My Fertilisers (DPM) both closed up 1.4 percent.

Others declined, however, with developer Vincom (VIC) down 4 percentand software giant FPT, Sacombank (STB), Vinamilk (VNM) and steelmakerHoa Phat Group (HPG) all off by less than 1 percent.

Onthe HCM City market overall, trades were sluggish and mixed, withdecliners edging advancers by 101-95 overall. The volume of tradesdeclined 18 percent from July 13's level, reaching just 59.8 billion VND(22.3 million USD) on a volume of nearly 24 million shares.

On the Hanoi Stock Exchange, the HNX-Index lost 0.1 percent to close at71.88 points. The value of trades totalled a very anaemic 216 billionVND (10.5 million USD) on a volume of only 19.6 million share.

Losers outnumbered gainers by 128-101, while Kim Long Securities Co(KLS) was again the most-active stock nationwide, closing unchangedafter nearly 2.6 million shares changed hands./.

See more

NCSoft and VNGGames sign a cooperation agreement to develop products in Southeast Asia. (Photo: VNG)

More RoK’s game developers target Vietnam

Over half of Vietnam's nearly 100 million population being gamers and the country's competitive labour costs are among reasons for Korean gaming firms' expanding presence in Vietnam.

Representatives from the Vietnamese Embassy in the UK, LHR leaders, airline partners, and passengers at the anniversary event (Photo: VNA)

Vietnam Airlines marks 10 years of UK route operations

Vietnam Airlines launched its direct UK route in 2011, initially operating from London Gatwick Airport (LGW) before transitioning to Heathrow in 2015, improving connectivity to one of the UK’s major international hubs./.

President of the Cuban Chamber of Commerce (CCC) Antonio Luis Carricarte Corona. (Photo: VNA)

Cuban commerce official optimistic about bright future of Vietnam-Cuba cooperative ties

President of the Cuban Chamber of Commerce (CCC) Antonio Luis Carricarte Corona hailed Vietnam as Cuba’s second-largest trading partner in Asia and its top investor, spotlighting its foothold in the Mariel Special Development Zone via Viglacera. This zone, he noted, is set to become a pivotal hub for Vietnamese investment in the years ahead.

Imported cars seen at the northern port city of Hai Phong. (Photo: VNA)

Ministry proposes tax cuts for some imported cars

This initiative aims to diversify the supply of imported vehicles, foster competition in the domestic market, and align Vietnam’s tax policies with the evolving trends of the automotive industry.

Minister of Industry and Trade Nguyen Hong Dien and Deputy Prime Minister of the Republic of Belarus Anatoly Sivak sign the meeting minutes. (Photo: VNA)

Vietnam, Belarus unveil key solutions to boost trade

Vietnam and Belarus are set to deepen bilateral cooperation in all fields, particularly in economy-trade and science-technology, through their Intergovernmental Committee mechanism, affirmed Minister of Industry and Trade Nguyen Hong Dien.

Honda Vietnam's new CEO, Sayaka Hattori (Photo: VNA)

Honda Vietnam has new female CEO

Sayaka Hattori, a Japanese national with over 25 years of experience in the automobile and motorcycle industry, was appointed as new CEO of Honda Vietnam on April 1.