return icon Vietnamnet.vn

VN stock market has torrid time in March

The stock market fell sharply in March, with all indices dropping steeply, according to the Ho Chi Minh Stock Exchange.

 

Binh Thuan Agricultural Service Joint Stock Company receives decision to list its share on HOSE in March. — Photo courtesy of HOSE

The VN-Index ended at 662.53 points, down 25.77 per cent for the month, the VNAllshare fell 27.72 per cent to 591.5 and the VN30 index lost 28.57 per cent to close at 610.76.

The average daily trading value and volume were VND4.447 trillion (US$188.09 million) and 272 million shares, down 7.4 per cent in value but up 7.22 per cent in volume from February.

Trading by foreign investors topped VND32.6 trillion.

The top five stocks they bought were PHR (VND116.7 billion), VNM (VND99.4 billion), CTG (VND38.1 billion), SCS (VND22.7 billion), and TCH (VND17.3 billion).

The market capitalisation fell 23.54 per cent to VND2,306 trillion.

On average, 6,980 covered warrants were traded daily for VND2.91 billion.

Three companies, Binh Thuan Agricultural Service Joint Stock Company (ABS), Vietnam Rubber Group (GVR) and Kien Giang Construction and Investment Consultancy Corporation (CKG), listed on HOSE during the month.

Five covered warrant codes also listed.

By the end of March 31, there are 383 stocks, three closed-end fund certificates, three ETF certificates, 62 covered warrants and 44 bonds listed on HOSE. — VNS

Stock indexes increase, glimmer of hope for recovery

Stock indexes increase, glimmer of hope for recovery

Signs of recovery appeared last week as the stock price stopped sliding.

Covid-19 wipes out $44 billion from Vietnam’s stock market

Covid-19 wipes out $44 billion from Vietnam’s stock market

As the covid-19 epidemic has been escalating, the market capitalization value has been sliding. Market losses have reached $44 billion.

MORE NEWS

Vietnamese, Singaporean PMs hold talks in Singapore

Prime Minister Pham Minh Chinh, now on an official visit to Singapore, held talks with his host counterpart Lee Hsien Loong following an official welcome ceremony chaired by the latter on February 9.

VIETNAM NEWS HEADLINES FEBRUARY 9/2023

PM offers flowers at Ho Chi Minh Statue in Singapore

Two Binh Duong vice chairs reprimanded

Two vice chairmen of the People’s Committee of Binh Duong Province in the 2021-2026 tenure have been reprimanded for their shortcomings while on duty, with effect from today, February 9.

Vietnamese exports to the Americas exceed US$8 billion in January

The nation’s exports to the Americas region reached US$8.21 billion in January, whilst it imported US$1.64 billion from the market, according to data released by the Ministry of Industry and Trade.

Daklak suspends elephant ride service tomorrow

The Buon Don Tourist Center in the Central Highlands province of Daklak will suspend elephant riding service starting tomorrow, February 10.

Phong Nha-Ke Bang among Asia’s most thrilling zip line experiences

Phong Nha – Ke Bang National Park in the central province of Quang Binh has been listed among the top eight most thrilling zip line experiences in Asia, as compiled by Hong Kong-based South China Morning Post newspaper (SCMP).

VIETNAM BUSINESS NEWS FEBRUARY 9/2023

Investors urged to restructure investment portfolio amid challenging environment

ChatGPT accounts sell cheaply as bowls of pho

People who want ChatGPT accounts can easily buy accounts online for only tens or hundreds of thousands of dong.

Revoking licenses of petrol distributors will not affect fuel supply

Although petrol distributors are allowed to buy products from more than one wholesaler, when supply interruptions occur, the distributor system has often not ensured a sufficient supply for filling stations.

Beauty contests heat up in first days of the Year of the Cat

Pham Kim Dung, a representative of the company that founded Hoa hau Quoc gia Vietnam (Miss National Vietnam) beauty pageant, said beauty queens need to make every effort to prove their talent as so many contests now exist.

Vietnam looks forward to catfish orders from China, the US

In January 2023, catfish exports brought $106.8 million to Vietnam, a 50 percent fall compared with the same period last year. However, Vietnamese farmers and exporters now see positive signs from the US and China.

High rates hurting businesses, hamper economic recovery

High interest rates have been hurting businesses' ability to invest in ramping up production capacity, said industry insiders and economists.

Chinese black-credit websites cheating Vietnamese out of money

Many websites have been created to trick people into transferring money to them.

Record number of Vietnamese runners qualify for Boston 2023

Nine of them are from Hanoi and HCM City, the two largest running communities in Vietnam, while the other is Dao Han, who currently lives in Florida, the US.

Vietnam’s transport sector seeking recovery and reboot

While making good recovery during 2022, Vietnam’s transport sector is betting on new policies and plans to increase private investment to obtain its ambitious goals.
back_to_top