Stock exchanges face plunge in profit making

On the HCM Stock Exchange on March 31, the VN-Index closed 591.57 points, off 0.46 percent from March 28.
On the HCM Stock Exchange on March 31, the VN-Index closed 591.57 points, off 0.46 percent from March 28.

The afternoon's trades doubled the morning with nearly 120 millionshares and fund certificates worth 2.1 trillion VND (99.5 million VND).

Only one of the three major shares which supported themarket in the morning sustained gains in the afternoon. PetroVietnam Gas(GAS) rose 1.21 percent to 83,500 VND (4 USD) a shares but dairy giantVinamilk (VNM) and Vietcombank (VCB) retreated to the reference prices.

Other blue chips lost ground, however, pushing the VN30(tracking the top 30 shares by market capitalisation and liquidity)down 0.87 percent at 670.43 points.

On the Hanoi StockExchange, the HNX-Index also closed down 0.67 percent at 89.44 points.The market volume totaled nearly 117 million shares worth over 1.52trillion VND (72 million USD).

The VN-Index gained 3.17percent during March while the HNX-Index on the Hanoi exchange alsorose 11.16 percent. From January-March, the VN-Index added anaccumulative 17.25 percent and the HNX-Index increased 31.66 percent,according to data of vietstock.vn.

Foreign investorsreturned as net buyers on March 31 after four weeks of net selling. Theypicked up a combined over 112 billion VND (5.3 million USD) worth ofshares on both stock exchanges.-VNA

See more

At the February 14 meeting between Lao Prime Minister Sonexay Siphandone and a delegation of Vietnamese businesses and international enterprises from various countries. (Photo: VNA)

Vietnam strengthens business and investment ties in Laos

Highlighting Laos's vast potential for trade and investment cooperation, Lao Prime Minister Sonexay Siphandone said that Laos is an attractive investment destination, particularly in agriculture, tourism, logistics, and infrastructure development.

Lao government officials and representatives of Vietnamese businesses at the seminar (Photo: VNA)

Vietnamese firms eye investment in Laos

He reaffirmed Laos as a key investment destination for Vietnamese and global firms, highlighting opportunities in agriculture, tourism, logistics, and infrastructure.

Vice Chairman of the Bac Giang People's Committee Mai Son (Photo: bacgiang.gov.vn)

Bac Giang speeds up non-state budget investment projects

In the coming period, the northern province of Bac Giang will focus on addressing challenges to non-state budget investment projects and expediting their progress, affirmed Vice Chairman of the provincial People's Committee Mai Son.

Representatives from industry associations share insights on Vietnam’s market trends. (Photo: VNA)

Vietnam, Thailand boost industrial trade exchange

Trade between Vietnam and Thailand reached 20.18 billion USD in 2024, up 6.4% year-on-year. Thailand remained Vietnam’s top ASEAN trade partner, accounting for 24% of its total trade with the bloc.

Representatives from Lao and Vietnamese agencies at the signing ceremony. (Photo: VNA)

Vietnam, Laos strengthen energy cooperation

A 1,200 MW wind power plant in Nong district, Laos’ Savannakhet province is expected to export 1,526 kWh to Vietnam annually once its first phase completes by the end of 2027, and additionally 1,112 million kWh per year after its second phase becomes operational in 2030./

A view of the Hanoi skyline. While rental properties continue to be in demand, there has also been a notable rise in the number of foreigners looking to buy houses. (Photo: VNA)

Housing demand from foreigners in Hanoi rises

Over several years, Hanoi has increasingly become an attractive destination for foreign workers, with approximately 10,000 new foreign workers are granted licences to work in the city each year.