Business

US-China trade tension ease boosts Vietnam’s stock market

Both indexes of the Vietnamese stock market ended in green on December 3, driven by the agreement between US President Donald Trump and Chinese President Xi Jinping to ease trade tensions.
US-China trade tension ease boosts Vietnam’s stock market ảnh 1Illustrative image (Photo: VNA)

Hanoi (VNA) – Both indexes of the Vietnamese stock market ended in greenon December 3, driven by the agreement between US President Donald Trump andChinese President Xi Jinping to ease trade tensions.

The benchmark VN-Index on the Ho Chi Minh StockExchange (HOSE) rose by 25.05 points, or 2.7 percent, to reach 951.59 points asthe prices of 224 stocks increased and 82 others declined.

More than 209.8 million shares were traded atover 4.88 trillion VND (209.2 million USD) on the southern bourse.

Large-cap stocks were among the biggestcontributors to the market. They included GAS, up 6.8 percent to 97,000 VND pershare; VNM, up 4.4 percent to 133,600 VND; HPG, up 4.8 percent to 34,800 VND;and MSN, up 2.8 percent to 82,200 VND.

Banking stocks were also a driving force for theupward trend. Notably, BID climbed 6.8 percent to hit 33,550 VND per share. CTGhiked up 5 percent, MBB by 2.8 percent, SHB 2.7 percent, STB 5.3 percent, TCB4.4 percent, and VCB by 4.7 percent.

Green also dominated oil and gas stocks such asPVB, up 4.6 percent; PVC by 3.3 percent; PVD, 6 percent; and PVS, 4.7 percent.

On the Hanoi Stock Exchange (HNX), the HNX-Indexclosed at 107.64 points, up 2.81 points or 2.69 percent. 

More than 44 million shares worth over 677billion VND were traded. Ninety-five stocks recorded price rises, while 57others witnessed decreases. –VNA 
VNA
#US President Donald Trump #Chinese President Xi Jinping #Ho Chi Minh Stock Exchange #Hanoi Stock Exchange #gas stock #HNX-Index #Vietnam #VietnamPlus #Viet Nam News
Follow VietnamPlus

Related News

Stock market cap posts significant growth

Stock market cap posts significant growth

The market capitalisation of stocks and fund certificates has seen significant growth this year, equivalent to more than 80 percent of GDP and exceeding the goal set for 2020, according to an official.
New securities law is a better fit for market

New securities law is a better fit for market

The new amended draft law on securities was revised based on the inheritance of the current Securities Law, broadening the scope of regulation and adopting a new approach more suited to market condition and overcoming the remaining limitations of the current law.
Markets drop after recovery

Markets drop after recovery

Market indexes and liquidity suffered a sudden fall in the final trading session last week, meaning that negative signals started to appear following a period of recovery.

See more

Prime Minister Le Minh Hung and his Cambodian counterpart Hun Manet witness the exchange of cooperation agreements between businesses of the two countries (Photo: VNA)

Vietnam, Cambodia look to elevate economic links

Prime Minister Le Minh Hung said that economic, trade and investment cooperation constitutes an important pillar of bilateral ties, which has achieved positive results. However, considerable room remains for further expansion to match the strong political ties and the potential of both countries.

An overview of the meeting (Photo: chinhphu.vn)

Deputy PM calls for tighter price management of essential goods

Deputy PM Thang, who is also head of the committee, urged ministries and agencies to coordinate closely to deliver effective fiscal and macroeconomic policies. The aim is to control inflation, stabilise the macroeconomy, ensure major economic balances, create room to support growth and bolster the economy’s resilience to external shocks.

Khanh Binh International Land Border Gate in An Giang province.( Photo: VNA)

Vietnam-Cambodia trade gathers pace towards 20 billion USD target

After setting a record of more than 11.3 billion USD in 2025, bilateral trade reached about 8.7 billion USD in the first eight months of 2026, up 8.3% year on year. Vietnam is currently Cambodia’s third-largest trading partner, its second-largest source of imports and second-largest export market.

Vietnamese Ambassador to India Trinh Minh Manh discusses potential areas and strengths for cooperation between Vietnam and India’s Gujarat state. (Photo: VNA)

Vietnam, India’s Gujarat state seek to unlock cooperation potential

Vietnam attaches importance to strengthening cooperation with Indian states boasting strong economic potential, including Gujarat, to further advance the two countries’ Enhanced Comprehensive Strategic Partnership, particularly in the economy, trade and investment, said Ambassador Trinh Minh Manh.

At Nestlé Vietnam factory in Hung Yen province (Photo: VNA)

Vietnam seeks to build stronger ecosystem for FDI

The World Bank has stressed the need to connect global companies with domestic suppliers, improve the business climate and develop supply-chain finance solutions. Those steps will let domestic firms gradually meet requirements on quality, technology, costs and delivery times, and position them to become suppliers to multinational corporations.

Construction of technical infrastructure facilities serving APEC 2027 in Phu Quoc Special Zone, An Giang province. (Illustrative photo: VNA)

Vietnam enters investment grade credit rating category for first time

Vietnam has maintained robust growth, outperforming other Southeast Asian economies. Its ongoing government reforms aimed at streamlining the state apparatus, promoting the private sector, improving the institutional framework and developing capital markets will strengthen the country’s growth potential and economic resilience.

Vietnamese Prime Minister Le Minh Hung and Lao Prime Minister Saleumxay Kommasith witness the presentation of investment certificates and investment cooperation agreements between businesses of the two countries. (Photo: VNA)

Vietnam, Laos strengthen “strategic cohesion” in economic sector

The great friendship, special solidarity, comprehensive cooperation and strategic cohesion between Vietnam and Laos, and between Laos and Vietnam, are an invaluable asset of the Vietnamese and Lao Parties, States and people. It is the responsibility of today's generation to transform this invaluable political asset into new resources for the development of the two countries’ people.

West Food Hau Giang JSC’s factory at the Nam Song Hau Industrial Park – Phase 1, Can Tho city (Photo: VNA)

Southern industrial property market enters new phase of competition

Industrial site selection was previously driven largely by land prices, location and access to markets. However, as supply chains become more complex and manufacturing projects face higher technical requirements, businesses are increasingly assessing sites based on their long-term operational capabilities.

Members of the RoK delegation visit booths showcasing signature agricultural products of Da Lat – Lam Dong. (Photo: VNA)

Lam Dong seeks stronger economic, tourism links with RoK

Lam Dong is particularly interested in sectors in which Korean businesses have strengths, including agriculture, green energy, the circular economy, high-quality tourism, healthcare, education, human resources training and digital transformation, an official said.

Illustrative image (Photo: EVNNPT)

EVNNPT seeks over 224 mln USD in bank loans for grid expansion

Three projects account for part of the financing need, including 13.3 million EUR for the 220kV Ung Hoa substation and connection lines, 18.6 million EUR for the 220kV Tan Viet substation and the 220kV Tan Viet–Gia Loc–Pho Noi line, and 35.3 million EUR for the 220kV substation connecting the Dong Anh–Van Tri transmission line.

At a farm produce supermarket in Hue city (Photo: VNA)

Inflation control key to maintaining growth momentum

Average consumer price index (CPI) rose 4.52% in the first nine months, roughly in line with the National Assembly (NA)'s full-year target, while core inflation climbed 4.26%, the National Statistics Office (NSO) reported. CPI in some localities ran above the national average, including economic hubs Hanoi and Ho Chi Minh City.