Market edges higher on the back of large-cap stocks

Việt Nam's stock market rose on Friday as investors still focused on banking and real estate sectors. 

Huge volume of new shares, record liquidity put HoSE system under pressure The HCM City Stock Exchange (HoSE)’s technical system was under significant pressure with billions of new shares recently listed and to be listed on the bourse and huge cash inflow which boosted the market liquidity to record high levels.

Market ends mixed, VN-Index recovers from morning loss The benchmark edged higher on Thursday on the back of banking and real estate stocks, recovering from the morning session loss, while the HXN-Index ended lower. 

VN-Index ends rally after hitting 1,200 points in early session Việt Nam's stock market finished mixed on Wednesday as the benchmark suddenly fell while the HNX-Index increased 0.23 per cent. 

“Make in Việt Nam” key to Việt Nam’s target of high income by 2045: researcher Nguyễn Quang Đồng, Director of the Institute for Policy Studies and Media Development, talks to Kinh tế & Đô thị (Economic & Urban Affairs) newspaper about Việt Nam’s efforts to master science and technology production to help it achieve the goal of becoming a high-income country in 2045.

Flexible, cautious monetary policy management bears fruit Việt Nam’s economy was adversely affected by the COVID-19 pandemic in 2020, along with natural disasters and the impact of trade conflicts. But the State Bank adopted one of the quickest and strongest monetary policy responses in the world.

Shares extend rally, getting closer to 1,200 points on Tuesday Việt Nam's stock market ended higher on Tuesday with the HNX-Index reversing course in the afternoon session. 

Vietcombank looks to raise pre-tax profit by 12 per cent in 2021 The bank also aims to raise its total assets by 6 per cent and mobilised capital by 8 per cent while credit growth is expected to pick up 12 per cent.

SeABank increases charter capital to nearly $526m The Southeast Asia Commercial Joint Stock Bank (SeABank) is among 13 largest commercial joint stock banks in Việt Nam after increasing its charter capital to VNĐ12.088 trillion (US$526 million) from VNĐ9.369 trillion.

SBV targets 12 per cent bank credit growth this year The State Bank of Việt Nam has set a banking credit growth target of 12 per cent for this year, marginally lower than the rate achieved last year.