Business

Market rebounds on blue chips

Stocks rebounded on the two exchanges on December 12 after plunging to psychological support levels, led by blue chips.
Stocks rebounded on the two exchanges on December 12 after plunging to psychological support levels, led by blue chips.

On the Ho Chi Minh Stock Exchange, the VN-Index recouped 0.69 percentto close the session at 553.93 points after dropping to the daily low of550 points.

Recovery of blue chips like Hoang AnhGia Lai Co (HAG), Kinh Do Corp (KDC), Saigon Securities Inc andVietcombank (VCB) helped lift the market, with advancers doublingdecliners.

The VN30, which tracks the top 30 sharesby market value and liquidity, also climbed 0.75 percent to finish at609.33 points.

Bargain hunting pushed up liquidity.Market volume and value increased 20 percent over the previous day'slevels, totaling 77.4 million shares worth 1.343 trillion VND (63million USD).

FLC Group (FLC) remained the most activecode by the end of the session with 9.7 million shares, closing flat at11,000 VND a share.

On the Hanoi Stock Exchange, theHNX-Index added 0.18 percent to end at 84.55 points while the HNX30,tracking performance of the top 30 shares, rose 0.65 percent to 167.99points.

Trading volume was little changed from theprevious session, reaching just 42 million shares, but value of tradesdecreased 10 percent to 658.4 billion VND (30.9 million USD).

KLF Joint Venture Global Investment Co (KLF), a subsidiary of FLCGroup, was again the most heavily bought and sold stock with 8.9 millionshares traded. The share price jumped 3.2 percent to 13,000 VND.

Foreign investors returned to being net buyers in the HCM City marketbut bought just 2.35 billion VND (110,300 USD) worth of shares. Theyremained net sellers on the Hanoi exchange, unloading 47.54 billion VND(2.2 million USD) worth of shares.-VNA
Follow VietnamPlus

See more

Representatives from Vietnamese agencies at the booth of Vietnam Airlines and Saigontourist Group at the IBT Berlin 2025. (Photo: VNA)

Vietnam Airlines connects Vietnam with the world at ITB Berlin 2025

The booth at IBT Berlin 2025 is expected to help enhance the collective strength of Vietnam Airlines and Saigontourist, towards promoting Vietnamese tourism and further attracting European tourists in general and Germans in particular, said Cao Chinh Mien, Director of the Vietnam Airlines branch in Germany.

Bitcoin, a digital currency (Photo: VNA)

Vietnam plans pilot cryptocurrency exchange

The Vietnamese Ministry of Finance is preparing a proposal to pilot a digital currency exchange, Deputy Finance Minister Nguyen Duc Chi announced at the government’s regular press conference on March 5.

An Phat Complex industrial park in Hai Duong (Photo: VNA)

Half of localities to convert existing industrial parks into ecological models

The eco-industrial park is a special model in which businesses participate in production activities to create green products and optimise resource use. This industrial park model focuses on the connection and cooperation between businesses in the same industrial park to promote symbiotic production activities.

Workers process seafood for export in Ba Ria-Vung Tau province. (Photo: VNA)

Ministry proposes solutions to achieve 12% export growth target

Therefore, the ministry will focus on implementing effective solutions to bring into full play competitive advantages and seize opportunities by promoting and supporting businesses and industry associations in effectively exploiting traditional markets that still hold significant potential.

Chairman of the provincial People’s Committee Tran Hong Thai speaks at the event (Photo: VNA)

Chinese group eyes railway revival, int’l flight expansion in Lam Dong

At a working session on March 5 with the group’s Deputy General Director and Chief Accountant Guan Huapinh, Chairman of the provincial People’s Committee Tran Hong Thai confirmed that the Da Lat – Thap Cham railway line has been included in detailed planning under decisions issued by the Prime Minister and the Politburo.