Market share trends

The market inched higher on Friday morning as large-cap stocks rose. On the Ho Chi Minh Stock Exchange (HoSE), the VN-Index rose 5.47 points, or 0.39 per cent, to 1,397.32 points, claiming back all losses sustained in the last two sessions. The market's breadth was positive with 230 stocks climbed, while 170 stocks declined. However the liquidity was lower than yesterday, with just VND10.7 trillion (US$471.4 million) being poured into the southern market, translating into a trading volume of over 387.7 million shares. The index's recovery was supported by large-cap stocks in manufacturing, banking and real estate sectors. The VN30-Index, which tracks 30 biggest stocks on HoSE, gained 6.66 points, or 0.44 per cent, to 1,510.04 points. Of the VN30 basket, 23 stocks edged higher, while six slid and one stayed unchanged. Hoa Phat Group (HPG) led the market's uptrend this morning, up 1.23 per cent. It was followed by Orient Commercial Joint Stock Bank (OCB) and Sabeco (SAB), up …

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Revenue to state budget increases over 10 percent The revenue to the state budget in the first 9 months of this year amounted to 1,084.7 trillion VND, representing 80.75 percent of the projection and an increase of 10.75 percent over the figure recorded in the same period last year, according to the Finance Ministry. Meanwhile, the expenditure from the state coffer was estimated at 116.3 trillion VND, with the fight against the COVID-19 pandemic being prioritised. By the end of September, 29.1 trillion VND from the state budget was spend on the fight and support to those adversely affected by the pandemic. Despite the serious impacts of the pandemic, the revenue still increased year on year thanks to the economic growth momentum in the last month of last year, the ministry said. For the rest of the year, the ministry will continue accelerating administrative procedure reforms on taxation, simplifying business conditions, and joining other forces in fighting …

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A Vietnam-Singapore forum specifically for senior energy industry leaders is scheduled to be held on October 21 in Hanoi in order to discuss how to maintain growth and sustainability, even during crises and challenging contexts. The key topics on the agenda for discussion are global energy sector development and trends, challenges, opportunities, and strategic implications for the nation. This is along with methods for navigating through the COVID-19 pandemic as adopted by leading regional corporations such as Temasek Holdings and Sembcorp Industries. Speakers include influential regional leaders such as Douglas Foo, president of the Singapore Manufacturing Federation, chairman of the Vietnam-Singapore Business Council, and a nominated Singapore MP. He will be joined by Vu Minh Khuong, associate professor at the National University of Singapore, Fadah Alsagoff, management team member and head of enterprise development at Temasek Holdings, Singapore, and Wong …

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At the event. (Photo: VNA) Quang Binh (VNA) - A webinar to bolster cooperation between the central coastal province of Quang Binh and the Republic of Korea (RoK) was held on October 15. At the event, head of the Department of Foreign Affairs for Provinces at the Ministry of Foreign Affairs (MoFA) Tran Thanh Huan said the ministry and the Embassy of RoK in Vietnam together with RoK partners have organised various events to bolster cooperation between the two countries at large and Quang Binh and the RoK in particular. Briefing the participants on Quang Binh’s potential and strengths across multiple fields, Secretary of the provincial Party Committee Vu Dai Thang said the webinar offered a chance for Quang Binh and RoK businesses and investors to enhance connection and information sharing, thereby fostering investment in the Vietnamese province. Investors from the RoK are among prioritised partners of Quang Binh and they will receive optimal conditions to operate in the …

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Vietnamese technology enterprises have showcased many Make-in-Vietnam solutions and products at the 2D and 3D online booths of the ITU Digital World 2021. As part of the ITU Digital World 2021, the Digital World Exhibition 2021 is held on an online platform, where organizations and businesses demonstrate 2D and 3D online booths. These online booths are maintained for a month from October 12 to November 12, 2021. This is an opportunity for Vietnamese enterprises to promote their brands, expand markets, and approach customers and partners from ITU's 193 member countries. At this exhibition, Viettel built a virtual space with 3D Platform, 100% Make in Vietnam technology customized by Viettel engineers. Viettel's booth includes 8 Digital Ecosystems: Digital Government, Digital Health, Digital Education, Digital Enterprise, Digital Family, Digital Traffic, Digital Infrastructure & Security System; Digital Finance Logistic & E-Commerce. With a feature called "Live tour", …

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