VN-Index increases, driven by petroleum, securities stocks

The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) rose by 3.83 points to 918.12 points by the end of November 12, driven by petroleum and securities stocks.
VN-Index increases, driven by petroleum, securities stocks ảnh 1Illustrative photo (Photo: VNA)

Hanoi (VNA) – The benchmark VN-Index on the Ho Chi Minh StockExchange (HoSE) rose by 3.83 points to 918.12 points by the end of November 12,driven by petroleum and securities stocks.

As many as 157 million shares were traded on the day, worth3.1 trillion VND (132 million USD).

There were 123 advancing codes, 162 declining, and 60 othersthat remained unchanged.

Meanwhile, the HNX-Index on the Hanoi Stock Exchange (HNX) increased slightlyby 0.36 points to close at 103.37 points, with 70 rising codes, 69 in decline,and 55 shares that stayed flat.

A group of petroleum shares was considered the largestcontributor to the growth of the VN-Index during the day’s trading session,with shares holding the largest increases being PVC by 8.3 percent; PVS, 6.2percent; PVD, 3.8 percent; and PVB by 3.4 percent.

In securities shares, HCM recorded the largest increase ratewith 4.6 percent, SSI was up 1.8 percent, VND by 1.7 percent, and SHS up 1.5percent.

Some shares in the banking group ended in red at the end ofthe day, while those of TPB, BID, VCB, VIB, and VPB expanded from 0.5 percentto 1.8 percent.

Red covered many shares in the VN30 basket, such as HSG down2.1 percent, CTD 1.5 percent, and VJC 1.3 percent. On the contrary, MWGadvanced by 3.8 percent, SAB by 3.1 percent, and PNJ by 1.1 percent.

Foreign investors posted a net selling value of nearly224.54 billion VND (9.56 million USD) on the HoSE.

On the HNX, foreign investors bought approximately 1.9million shares with a net value of 30.16 billion VND (1.29 million USD). –VNA 
VNA

See more

Part of Ha Long city in Quang Ninh province (Photo: VNA)

Quang Ninh targets 14% GRDP growth in 2025

Secretary of the Quang Ninh Party Committee Vu Dai Thang emphasised that achieving this target would require Quang Ninh’s economy to reach approximately 395 trillion VND (15.4 billion USD) in 2025.

Illustrative image (Photo: VNA)

Ministry responds to escalating global trade tensions

Amidst the complicated developments in the global market, the MoIT has directed foreign market departments and Vietnam’s trade offices abroad to closely monitor market trends, as well as economic, political, and policy changes in the region and the world that could impact trade with Vietnam.

The Vietnamese online shopping and food delivery sector used about 160,000 cardboard boxes and 171,000 tonnes of plastic, mainly single-use plastic, in 2024. (Photo: vneconomy.vn)

Ministry proposes developing green e-commerce law

The MoIT's draft proposal to develop the Law on E-commerce will be included in the National Assembly's law and ordinance development programme in 2025 and will be presented to the NA for consideration and comments in October 2025, before being approved at a NA meeting in May 2026.

In 2025, Goertek will invest in a new project and bring more experts and new technology equipment to Vietnam. (Photo: Goertek)

Vietnam expects big FDI wave in 2025

More than 4.33 billion USD in foreign investment was registered in Vietnam in January, an increase of 48.6% compared to the same period last year.