28.9 C
Ho Chi Minh City
Thursday, April 24, 2025

spot_img

TAG

stock market

Where is smart money moving?

Although the VN-Index of the Hochiminh Stock Exchange (HOSE) has surged recently, the “green skin, red heart” pattern—where a few large-cap stocks push the index higher while most others decline—has reemerged, casting doubt on the rally’s overall strength. Market momentum remains strong The VN-Index’s seven-week winning streak eased off briefly during the trading week from March 10 to 14, as the market came under strong profit-taking pressure in its latter sessions. Still, the index ended the week higher than in the week earlier, indicating that downward corrections remain shallow, and capital inflows continue on the back of positive sentiment. Vietnam’s stock market appears to be in a “honeymoon phase,” buoyed by favorable macroeconomic policies and the Government’s clear commitment to achieving the GDP growth target of 8% or higher in 2025. Alongside expansionary fiscal policies, especially the push for accelerated public investment disbursement, the State Bank of Vietnam (SBV) has been instructed to maintain a looser monetary policy and even consider reducing key interest rates. In response, the SBV has issued directives to stabilize interest rates, prompting a wave of deposit rate cuts across numerous commercial banks. Between mid-February and early March, the central bank also steadily reduced the interest […]
To read more, please click here.

DIC plans to issue 150 million shares

HCMC - Development Investment Construction JSC, or DIC Corp (HOSE: DIG), is planning to issue 150 million shares to existing shareholders at a rate...

Gilimex eyes sixfold profit rise in 2025

HCMC – Binh Thanh Import - Export Production & Trade JSC (Gilimex) looks to boost its 2025 net profit nearly sixfold to VND150 billion...

Novaland misses bond payment deadline

HCMC - No Va Land Investment Group Corporation (HOSE: NVL) has missed a significant bond repayment, according to a disclosure from the Hanoi Stock...

Industrial park stocks surge

Industrial park stocks continued growing robustly in the first two months of this year, emerging as one of the leading industry groups on the...

Becamex IJC wants to sell over 251.8 million shares

HCMC - Becamex Infrastructure Development JSC, which trades its IJC shares on the Hochiminh Stock Exchange, plans to raise VND2.52 trillion by selling more...

Bamboo Capital has new BOD chairman

HCMC - Tan Bo Quan (Andy), a Singaporean national, has been elected chairman of the board of directors at Bamboo Capital (HOSE: BCG) for...

PV Power sales surge in February

HCMC – PetroVietnam Power Corporation (PV Power) reported a 52% increase in electricity sales revenue in February, reaching VND2.36 trillion. About 80% of the revenue...

Latest news

spot_img