Vietnamese shares were mixed on February 19 on the two local exchanges, while the southern bourse rose after companies said they would allow bigger foreign ownership stakes.
Hanoi (VNA) - Vietnamese shares were mixed on ♎February 19 on the two local exchanges, while the southern bourse rose after companies said𝔉 they would allow bigger foreign ownership stakes.
The benchmark VN Index on the HCM Stock Exchange rose 0.3 percent on the HCM Stock Exchange, extending its gain of 1.3 percent for a second day. The southern index has risen 1.7 percent during this week.
Meanwhile, the HNX Index on the Hanoi Stock Exchange pulled back 0.2 percent to end at 77.81 points. The northern index has added 1.2 percent from the previous week.
The insurance sector and the banking sector helped boost the markets as BIDV Insurance Corporation (BIC) and Military Bank (MBB) surged 6.5 percent and 4 percent, respectively, after those two firms announced they would allow foreigners to win a larger percentage of their companies.
BIC decided to raise the foreign-owned stake in its shares from 21.5 percent to 49 percent while MBB will raise foreign ownership in its capital from 10 percent to 20 percent.
MBB was also the second most active stock on the two local markets with more than 19 million shares in trading.
Seafood producer Vinh Hoan Corporation (VHC) also jumped 5.4 percent after the company said it would allow foreign investors to increase their ownership in the firm from 32.5 percent to 100 percent beginning on February 21.
Plant grower Hoang Anh Gia Lai JSC (HAG) and its subsidiary HAGL Agricultural JSC (HNG) surged 6.4 percent and 6 percent, respectively, as investors swooped in after deep sell-offs.
HNG was the most active stock with nearly 42 million shares in trading and HAG ranked third in the most-active-stock chart with more than 15 million shares.
HAG had fallen 80 percent to a five-year low at 7,800 VND per share before the February 19 session, and HNG had dropped three-quarters to 8,300 VND per share since it was first listed last July.
On the opposite side, the property sector fell, led by the biggest firms such as Vingroup JSC (VIC), FLC Group (FLC) and Nam Long Investment Corporation (NLG), which dropped 2 percent, 1.4 percent and 1.7 percent, respectively.
The reference mid-point rate for the central bank's exchange trading band for February 19 was 21,900 VND for a US dollar, nearly unchanged compared to the previous day’s rate of 21,901 VND.
Local stock markets traded nearly 225 million shares worth 3.2 trillion VND, an increase of a quarter from the previous day's trading value.-VNA
Vietnamese shares on February 16 rebounded from a short fall on previous day, as property developers made gains after they reported higher profits last year compared to 2014.
Vietnam’s securities sector reaped satisfactory results in 2015, thanks to its strong measures to attract external capital flows and through the restructuring of the stock market system.
Shares rebounded on both markets in Hanoi and Ho Chi Minh City on February 18 as energy stocks made big gains after Iran backed a Saudi-led proposal to freeze crude output at current levels.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Illustrative image (Photo: VNA)
