Joe chips

The Ho Chi Minh Stock Exchange (HoSE), on which the VN-Index is based, saw 220 tickers gain and 184 lose. Total trading volume reached a week-long high of VND7.72 trillion ($331.41 million). Like the previous session Friday when it rose 0.77 percent, the index had immediately shot up by approximately 6 points within the first 30 minutes of trading and stayed in the green throughout the whole trading day. According to securities firm BSC, the VN-Index could make a breakthrough this week to reach 915-920 points after hovering just below the 900-point resistance level last week. The government’s imminent commencement of a tourism stimulus program for the economy is also expected to give stocks in related industries such as aviation, tourism and entertainment a boost, allowing them to continue their upwards momentum in the coming weeks, the BSC said in its latest report. The VN30-Index for the stock market’s 30 largest caps this session rose 1.22 percent, with 25 tickers rising and three falling. These 30 stocks accounted for just over 50 percent of trading volume this session, unlike most of last month when investors were focused on non-blue chips. Topping gains was MWG of electronics retailer Mobile World, up 4.1 percent, followed by HDB of private HDBank, up 3.2 percent, VNM of dairy firm Vinamilk, up 2.9 percent and TCB of private Techcombank, up 2.3 percent. VIC of private conglomerate Vingroup, HoSE’s largest cap, climbed 2.1 percent, while VRE of its retail arm Vincom Retail added 1.6 percent, and VHM of real estate arm Vinhomes rose 0.3 percent. Oil and gas stocks were all positive this session, with POW of electricity generator PetroVietnam Power adding 1 percent, PLX of petroleum distributor Petrolimex 0.6 percent and GAS of energy giant PetroVietnam Gas 0.4 percent. Other major gainers included SBT of agricultural firm TTC-Sugar, up 1.8 percent, MBB of state-owned lender Military Bank, 1.6 percent, and SSI of top brokerage Saigon …

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The front of the chip-based ID cards (Photo: VNA) Hanoi (VNA) - The Ministry of Public Security plans to have issued chip-based ID cards to 50 million citizens by July 1 this year. eligible citizens after the national population database system and ID card production, issuance, and management system are put in place on February 25. The back of the chip-based ID card (Photo: VNA) Under the Law on Citizen Identification in 2014, people from 14 years of age can obtain an ID card, which is then renewed when they turn 25, 40, and 60 years of age. VNA …

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On the final day before the stock market closes for Lunar New Year (Tet), the Ho Chi Minh Stock Exchange (HoSE), on which the VN-Index is based, was a sea of green with 396 stocks gaining and 57 losing.Total trading volume sank back to VND12.66 trillion ($553.2 million), almost at its lowest in the past month, though trading has always died down around the Tet break each year, which this year will run from Feb. 10 until Feb. 16.After Monday’s drop of 3.88 percent, caused by profit-taking and coronavirus-induced selloffs, investor sentiment seemed split with the VN-Index flitting in and out of the red in the first hour of trading. However, by lunch, bottom-fishing cash had taken the index 22 points into the green, to see it continue climbing in the afternoon session.The VN30-Index for the market’s largest caps surged 3.38 percent, with all 30 of its caps in the green. The basket attracted an overwhelming 57 percent of total trading this session.Topping gains was VPB of private VPBank, up 6.9 percent and hitting its ceiling price. It was followed by SBT of agricultural firm TTC-Sugar, up 6.6 percent, REE of appliances maker Refrigeration Electrical Engineering, with 5.6 percent.VIC of private conglomerate Vingroup, HoSE’s largest cap, surged 5.1 percent, while VHM of its real estate arm Vinhomes and VRE of retail arm Vincom Retail rose 2.2 percent and 2.1 percent, respectively.Of Vietnam’s three largest state-owned lenders by assets, CTG of VietinBank climbed four percent, VCB of Vietcombank 3.3 percent, and BID of BIDV 1.7 percent. MBB of mid-sized Military Bank also added 3.6 percent.In the private banking sector, STB of Sacombank gained 4.3 percent, TCB of Techcombank 2.9 percent, HDB of HDBank 2.8 percent, and TPB of TPBank 2.5 percent.Other major gainers included FPT of IT services group FPT, up 4.6 percent, BVH of insurance giant Bao Viet Group, up 4.4 percent, SSI of top brokerage SSI Securities, with 3.8 percent and MSN of food …

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