Vietnamese stock markets ended lower on Friday as a continued rise in coronavirus cases dashed hopes of a swift recovery from the pandemic-hit economic downturn.

A rise in beaten down banking and energy stocks helped Vietnamese shares rebound on Thursday as investors pinned hopes on the Government’s drastic measures to tackle the COVID-19 outbreak.

Vietnamese firms were increasing their overseas investments in recent years in an effort to expand their global reach.

HCM City yesterday (July 22) introduced its digital transformation strategy to information and communication technology (ICT) enterprises and associations that will be involved in the implementation of the programme. 

Việt Nam is entering a level playing field in which efficient solutions to maintain economic development causes headaches for experts and business leaders.

FPT Corporation overcame challenges due to the Covid-19 pandemic in both the global and domestic market to achieve positive financial results in the first half of the year, especially in core business lines.

Large-caps recovered as the VN30-Index finished Tuesday up 0.17 per cent after slipping 0.36 per cent in the morning.

Shares flip-flopped early on Friday as investors dumped stocks in the “Vin” family, weighing down the overall stock market.

General data protection regulations should be issued to ensure privacy in Việt Nam, delegates said at the Tech Summit 2020 held yesterday (July 16) by Forbes Vietnam magazine in HCM City.