26.2 C
Ho Chi Minh City
Friday, June 12, 2026

CATEGORY

Magazine

Tech stocks rebound amidst market gloom

After a robust uptrend from mid-February to June this year, followed by a sharp correction in July and a stagnant period lasting nearly two months, technology stocks are now signaling readiness for a fresh wave of growth. Upsurge With Donald Trump re-elected as U.S. President, Vietnam’s stock market moved in tandem with global trends and posted significant gains on November 6 as the VN-Index rose by 16 points. However, the momentum was short-lived, with the market easing off over the next three sessions. Over the past three weeks, the VN-Index has hovered around the 1,250-point mark, fluctuating narrowly between 1,245 and 1,265 points. Amid the overall market gloom, cash flows have increasingly concentrated on specific sectors, notably technology. On November 11, as well as during the preceding two trading sessions, several technology stocks hit their price ceilings with remarkable trading volumes, fueled by growing optimism surrounding the sector’s future prospects. For instance, shares of Mobifone Technical Service Joint Stock Company (UPCoM: MFS) surged by more than 35% during the trading sessions on November 7, 8, and 11. Trading volumes had reached their highest levels since June, when the stock peaked at VND76,000 per share. Similarly, shares of the joint stock […]
To read more, please click here.

Tra Que named best tourism village in the world

Tra Que, a vegetable village in the central town of Hoi An, has been named the “Best Tourism Village in the World 2024” by...

What’s in The Saigon Times Weekly this week?

Focus: A Pathway To Sustainable Growth: Corporate Social Responsibility (CSR) has evolved from a secondary concern to a strategic priority, driving long-term business success...

Exports to the U.S. under Trump

President-elect Donald Trump’s focus on reducing the U.S. trade deficit signals a heightened scrutiny on the origins of imported goods. For Vietnam, this means...

Expanding e-commerce market

Vietnam’s e-commerce market is expected to amount to US$14.7 billion in 2024, with mid-range products making up a majority of sales. By 2029, the...

Should individual access to corporate bonds be regulated?

The latest draft of a law that amends seven finance-related laws is more accommodative than the earlier drafts, as it allows professional individual investors...

Opportunities for SMEs

“Although the corporate bond market has shown signs of recovery, the pace might be slow. We need more synchronized solutions to boost this market...

Seeking more catalysts to go green

Vietnam’s huge renewable energy potential is attracting increasing interest from foreign investors, creating new growth opportunities in the sector. However, business leaders said that...

Pilates, mind and body

The benefits brought by practicing Pilates to human mind and body. Developed by Joseph Pilates in the early 20th century, Pilates focuses on spurring muscle...

Consumption remains weak

Vietnam has been able to maintain high GDP growth but consumer spending has remained weak Below potential A recent report by the General Statistics Office of...

Latest news