VN-Index gains on securities, real estate stock rallies

By Huong Dung
Tue, April 18, 2023 | 5:54 pm GMT+7

Vietnam's benchmark VN-Index increased 1.21 points, or 0.11%, to 1,055.02 on Tuesday on the rallies of securities, real estate and manufacturing stocks at the end of the session.

The Ho Chi Minh Stock Exchange (HoSE), represented by the index, saw 226 gainers and 153 losers, with nearly 540 million shares changing hands for close to VND9.6 trillion ($408.34 million), an increase of VND1.6 trillion from the previous session.

The VN30 index, which tracks the performance of the 30 largest-cap stocks, inched down 0.47 points to 1,064.55.

Stocks of property companies made the most impressive performance with DIG of DIG Corp. and CTD of Coteccons Construction JSC hitting their ceiling prices; CEO of CEO Group gaining 4.78%; and DXG of Dat Xanh Group up 2.8%.

VHM of Vinhomes, CII of Ho Chi Minh City Infrastructure Investment JSC, and HQC of Hoang Quan Corp. expanded more than 1%.

Vietnam's benchmark VN-Index increases 1,21 points to 1,055.02 on April 18, 2023. Photo courtesy of VietnamFinance.

Vietnam's benchmark VN-Index increases 1,21 points to 1,055.02 on April 18, 2023. Photo courtesy of VietnamFinance.

The securities group also recorded positive movements, with three tickers enjoying the maximum prices, namely PSI of Petrovietnam Securities, FTS of FPT Securities, and BSI of BIDV Securities.

Green overwhelmed the stocks of manufacturing firms. Of these, ANV of Nam Viet Corp. hit its ceiling price, VNM of Vinamilk went up 1.81%, HPG of steel maker Hoa Phat 0.48%, MSN of Masan Group 0.13%, SAB of brewer Sabeco 1.1%, DGC of Duc Giang Chemicals 1.31%, and VHC of Vinh Hoan Corp 1.85%.

Meanwhile, banking codes closed in red, with VCB of Vietcombank falling 0.45%, BID of BIDV bank 0.8%, CTG of VietinBank 0.34%, VPB of VPBank 0.98%, TCB of Techcombank 1.02%, ACB of Asia Commercial Bank 1%, SHB of Saigon-Hanoi Bank 2.54%, and EIB of Eximbank 1.27%.

HDB of HDBank and OCB of Oriental Commercial Bank were the only two gainers in this group.

Foreign investors were net buyers on the HoSE to the tune of nearly VND140 billion ($5.95 million). They mainly net purchased HPG, VPB, and VHM.

The HNX-Index on the Hanoi bourse rose 1.62 points to 208.25, while the UpCOM-Index on the unlisted public company market gained 0.45 points to 78.73.

Comments (0)
  • Read More
Emerging trends in Vietnam's real estate market

Emerging trends in Vietnam's real estate market

Analysts from Indochina Strategic, the real estate advisory arm of Indochina Capital (ICC), offer an insight into 10 emerging trends shaping Vietnam’s real estate M&A market in 2025.

Real Estate - Fri, September 19, 2025 | 4:58 pm GMT+7

Quang Ngai Sugar JSC expands power-sugar complex in central Vietnam

Quang Ngai Sugar JSC expands power-sugar complex in central Vietnam

Gia Lai province's authorities have allowed Quang Ngai Sugar Joint Stock Company (UPCoM: QNS) to raise the capacity of its An Khe Biomass Power Plant project from 95 MW to 135 MW.

Energy - Fri, September 19, 2025 | 4:06 pm GMT+7

Lotte to 'terminate' Eco Smart City project in HCMC

Lotte to 'terminate' Eco Smart City project in HCMC

Lotte Properties HCMC Co., Ltd. has sent a document to Ho Chi Minh City's Department of Finance announcing the termination of its $900 million Lotte Eco Smart City project in the Thu Thiem New Urban Area.

Real Estate - Fri, September 19, 2025 | 11:11 am GMT+7

Mining giant Vinacomin proposes coal processing, warehouse project in central Vietnam

Mining giant Vinacomin proposes coal processing, warehouse project in central Vietnam

State-owned Vinacomin, also called TKV, has proposed adjusting the Southeast Quang Tri Economic Zone planning to accommodate its VND800 billion ($30.32 million) coal processing and warehouse project.

Industries - Fri, September 19, 2025 | 8:31 am GMT+7

Vietnam, Russia eye setting up joint venture for maritime transport route

Vietnam, Russia eye setting up joint venture for maritime transport route

Vietnam and Russia are studying establishing a joint venture operator of a maritime transport route, underscoring their shared commitment to deepening cooperation in shipbuilding, logistics, and maritime infrastructure.

Companies - Thu, September 18, 2025 | 9:31 pm GMT+7

Coteccons consortium wins Long Thanh Airport contract worth $128 mln

Coteccons consortium wins Long Thanh Airport contract worth $128 mln

HANTA2, a consortium of Coteccons Construction JSC, Hanoi Construction Corporation – JSC and ATAD Steel Structure Corporation, has won the bid for a construction package worth VND3.38 trillion ($128 million) at Long Thanh International Airport.

Companies - Thu, September 18, 2025 | 9:22 pm GMT+7

Vietnam PM orders full disbursement of public investment in 2025

Vietnam PM orders full disbursement of public investment in 2025

Prime Minister Pham Minh Chinh has requested ministries, central agencies, and localities to ensure 100% disbursement of public investment capital in 2025.

Companies - Thu, September 18, 2025 | 9:18 pm GMT+7

EU, Indonesia to sign trade deal next week

EU, Indonesia to sign trade deal next week

The European Union and Indonesia have finalized a trade agreement that is expected to be signed on September 23.

Southeast Asia - Thu, September 18, 2025 | 9:06 pm GMT+7

The first project at VSIP Can Tho industrial park licensed

The first project at VSIP Can Tho industrial park licensed

Can Tho city's export processing and industrial zones authorities have granted an investment registration certificate for the $100 million Bestway Can Tho sports technology plant project in Vinh Trinh commune.

Industries - Thu, September 18, 2025 | 9:04 pm GMT+7

Lego Manufacturing Vietnam signs direct power purchase agreement with VSIP

Lego Manufacturing Vietnam signs direct power purchase agreement with VSIP

Lego Manufacturing Vietnam has signed a Direct Power Purchase Agreement (DPPA) with Vietnam-Singapore Industrial Park (VSIP) as part of the company's ambition to operate its new factory, which opened in April 2025, on 100% renewable energy.

Industries - Thu, September 18, 2025 | 4:07 pm GMT+7

Con Vanh golf course in northern Vietnam to debut in 2028

Con Vanh golf course in northern Vietnam to debut in 2028

Huy Hoang Urban Development and Investment JSC aims to put its VND2,156 billion ($81.75 million) Con Vanh golf course project in Hung Yen province into operation in early 2028.

Real Estate - Thu, September 18, 2025 | 3:21 pm GMT+7

No new grade B office supply in HCMC’s CBD until 2028: Knight Frank

No new grade B office supply in HCMC’s CBD until 2028: Knight Frank

No new Grade B office supply is entering Ho Chi Minh City's central business district (CBD), marking a significant shift in the market as developers are forced to build affordable office space further afield, said Knight Frank Vietnam.

Real Estate - Thu, September 18, 2025 | 1:42 pm GMT+7

What are expectations for Vietnam's stock market from Fed rate cut?

What are expectations for Vietnam's stock market from Fed rate cut?

The Federal Reserve's interest rate cut is expected to support Vietnam's effort to have its stock market status upgraded by FTSE Russell from "frontier" to "secondary emerging" and attract foreign capital after the strong net selling momentum in recent times.

Economy - Thu, September 18, 2025 | 12:33 pm GMT+7

UOB's latest USD/VND forecast is 26,300 in Q4/2025, 26,200 in Q1/2026

UOB's latest USD/VND forecast is 26,300 in Q4/2025, 26,200 in Q1/2026

Singaporean bank UOB predicted that the USD/VND exchange rate will be on a decline in the coming quarters to 26,300 in Q4/2025, 26,200 in Q1/2026, 26,100 in Q2/2026, and 26,000 in Q3/2026.

Economy - Thu, September 18, 2025 | 9:07 am GMT+7

Agribank - A Strategic gateway for Vietnam’s carbon credits to global market

Agribank - A Strategic gateway for Vietnam’s carbon credits to global market

Carbon credits are emerging as a valuable form of “green asset.” However, to unlock their full potential and turn it into tangible value, Vietnamese businesses require strong financial backing, technical expertise, and market linkages.

Companies - Thu, September 18, 2025 | 9:05 am GMT+7

Care For Vietnam joins ASEAN forum, signs MoU in New Zealand

Care For Vietnam joins ASEAN forum, signs MoU in New Zealand

Care For Vietnam (CFVN) had the honor to be the only Vietnamese enterprise invited to share insights at the "ASEAN Forum 2025: 50 Years + $50 Billion" held at ANZ Centre in Auckland, New Zealand on August 28.

Companies - Thu, September 18, 2025 | 9:00 am GMT+7