The MoU was signed under the witness of Vietnamese Minister of Finance Ho Duc Phoc, Vietnamese Ambassador to Singapore Mai Phuoc Dung and Singaporean Second Minister of Finance Chee Hong Tat.

Leading investment fund VinaCapital remains confident in the Vietnamese stock market in the last months of this year despite foreign investors’ heavy net selling.

More valuable shares are expected to enter the bourse soon, and legal obstacles will be removed, thus paving the way for more foreign capital to flow into Vietnam.

The stock market last week witnessed considerable upheavals, with real estate shares under pressure, while bank shares weathered the storm to support the market.

Many businesses have reported impressive business results in the second quarter of 2024 with a profit growth rate of up to thousands of percent. A power company, for example, saw 5,500 percent growth in the last two quarters.

Foreign investors presently hold high hopes that Viet Nam’s stock market will ascend to the ranks of an emerging market.

Since 2023, the total net selling by foreign investors has amounted to approximately $4 billion.

The Vietnamese stock market is expected to trade positively in July thanks to the second quarter optimistic business results, said insiders.

Risks still exist which may affect the stock market, but cash flow is still heading for stocks despite foreign investors’ strong sales because other non-stock investment channels remain less attractive.

A low-profile giant in the spice industry now holds one of the highest stock prices in Vietnam, second only to VNZ. This company supplies chili sauce and spices to major brands like Pizza Hut, Popeyes, Domino's, and Jollibee.

Foreign investors have been heavily net selling on the domestic stock market, focusing on many blue-chip stocks, putting pressure on the domestic market.

The Hanoi Stock Exchange (HNX) has released a list of 72 stocks that are ineligible for margin trading in the third quarter of 2024, an increase of three compared to the previous quarter.

Domestic individual investors hold more than 7.98 million accounts for securities trading as of the end of June, or 8% of Vietnam’s population, according to statistics supplied by the Vietnam Securities Depository and Clearing Corporation.

The Ministry of Finance is set to announce the final draft of a circular related to the upgrade of Vietnam's stock market and operate the Korea Exchange (KRX) system this week.

The Vietnam Stock Exchange (VNX) reported a decrease of 11% year-on-year in net revenue to more than 3 trillion VND, according to the audited consolidated financial statements for 2023.

At the opening of the trading session on the morning of June 24, the VN-Index fell sharply, losing 21 points to 1,260 points by nearly 11 a.m.

Even though the market liquidity is on par with regional markets like Indonesia, Malaysia and Singapore, Vietnam’s stock market remains in frontier status.

Technology and telecommunications stocks have witnessed remarkable growth since the beginning of 2024, while maintaining high price-to-earnings (P/E) valuations.

The shares of billionaire Tran Dinh Long's company have risen sharply, increasing the assets of the steel tycoon to US$2.7 billion and ranking him 3rd among the richest individuals in Vietnam.

The VN-Index made a surprising leap on June 12, closing the session up by nearly 16 points and surpassing the 1,300-point threshold for the first time in two years.