Business

Shares fall short of three-day rally

Shares lost on June 28 on both exchanges, rallying for just two sessions on the two previous days. However, FPT Securities Co analysts said the market trend is not negative.
Shares lost on June 28 on both exchanges, rallying for just twosessions on the two previous days. However, FPT Securities Co analystssaid the market trend is not negative.

On the Ho Chi Minh Stock Exchange, the VN-Index lost 0.38 percent to 481.13 points. Losers overwhelmed gainers by 114-77.

Tradingvalue rose slightly over the previous trading day to about 1 trillionVND (47.6 million USD) as 62.4 million shares changed hands.

Theslumps of half of 30 blue chips tracked by the VN30 drove the indexdown 0.25 percent to 538.54 points. Six stocks slightly increased.

On the Hanoi Stock Exchange, the HNX-Index shed 0.14 percent, reaching 62.76 points.

Trading value fetched 262.2 billion VND (12.4 million USD) with 35.9 million shares exchanged.

The HNX30, composed of the northern bourse's 30 leading shares, also fell 0.4 percent to 116.93 points.

Foreigninvestors shifted from net sellers to net buyers on June 28 by acombined margin of over 23 billion VND (more than 1 million USD).

Onthe gold market, SJC gold bars were traded at around 34 million VND(1,600 USD) per tael at 9am on June 28, declining nearly 6 percentcompared to the previous day’s closing price. However, as people rushedto buy gold, the price then rose to 36-37 million VND (1,700-1,760 USD)per tael.

Gold traders confirmed buyers overwhelmed sellers.

June 28 was the last day for banks to close their gold position before the deadline on June 30.

Thecentral bank said all 40,000 taels of gold were bought by five buyers.The price ranged between 35.05-35.5 million VND (1,660-1,690 USD), 1million USD (47.6 USD) higher than the market price and 5 million VND(238 USD) higher than the world price.
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.