New rules on illegal trading lift shares
Shares improved on the two exchanges by the end of January 23’s session
following the information that the State Securities Commission had
tightened control on illegal trading on the stock market.
Shares improved on the two exchanges by the end of January 23’s session
following the information that the State Securities Commission had
tightened control on illegal trading on the stock market.
The VN-Index on the Ho Chi Minh Stock Exchange closed up 0.12 percent at 443.37 points by the end of the session. But market value continued to fall, totalling 648.9 billion VND (31 million USD), down 27 percent from the previous day's level.
More than half of the top 30 shares on the bourse advanced while only eight declined, pushing the Index up 0.14 percent to 521.92 points.
On the Hanoi Stock Exchange, the HNX-Index increased 0.13 percent to finish at 59.57 points on a total turnover of 349 billion VND (16.7 million USD).
With almost 11 million shares changing hands, Sai Gon-Hanoi Bank (SHB) was again the most active stock, climbing 1.56 percent to 6,500 VND a share.-VNA
The VN-Index on the Ho Chi Minh Stock Exchange closed up 0.12 percent at 443.37 points by the end of the session. But market value continued to fall, totalling 648.9 billion VND (31 million USD), down 27 percent from the previous day's level.
More than half of the top 30 shares on the bourse advanced while only eight declined, pushing the Index up 0.14 percent to 521.92 points.
On the Hanoi Stock Exchange, the HNX-Index increased 0.13 percent to finish at 59.57 points on a total turnover of 349 billion VND (16.7 million USD).
With almost 11 million shares changing hands, Sai Gon-Hanoi Bank (SHB) was again the most active stock, climbing 1.56 percent to 6,500 VND a share.-VNA
You should also see
Dien Bien Phu Victory echoes, 70 years on
Seventy years ago, Vietnam won the Dien Bien Phu battle, forcing the French government to sign the Geneva Agreement in July 1954 and marking the end of the French military presence in the whole Indochina.
See more
Business
Localities get ready for fourth FDI boom
As the year 2024 is expected to witness the start of the fourth wave of foreign direct investment (FDI) to Vietnam, localities nationwide are getting ready to absorb foreign capital flows.
Business
Vietnam earns 1.43 billion USD from rice exports in Q1
ietnam in the first quarter of 2024 exported 2.18 million tonnes of rice, earning 1.43 billion USD, an increase of 17.6% in volume and 45.5% in value year on year. Meanwhile, the average export rice price also increased by 23.6% to $653.9 per tonne.
Business
HCM City moves towards Net Zero
Ho Chi Minh City is building a project to restructure its industry towards sustainable development in the 2025-2030 period, with a vision to 2050, prioritising the use of high technology and reducing emissions towards net zero emissions by 2050.
Business
Old loans must endure higher interest rates temporarily: central bank
The average lending interest rate for new loans by commercial banks is reported at around 6.4% per year, a decrease of 0.7 percentage point per year compared to the end of last year. However, borrowers with loans issued before the latest rate adjustment still must pay higher rates, according to the State Bank of Vietnam (SBV).
Business
Vietnam among top domestic infrastructure investors: Ambassador
Vietnam is one of the leading countries in Asia in terms of investment for infrastructure development, allocating 5.7% of its Gross Domestic Product (GDP) to projects in this field, said Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the United Nations (UN).
