HCMC – Viettel Post Joint Stock Corporation (HOSE: VTP), a subsidiary of Viettel Group, will open a logistics park in in the northern province of Lang Son on December 11.
The facility in the Dong Dang border economic zone will include bonded warehouses, customs clearance areas, and agricultural trade centers. It spans 143.7 hectares and has an investment value of nearly VND3.3 trillion
The logistics park aims to improve trade efficiency between Vietnam and China and ease cross-border transport congestion during peak periods.
In November, Viettel Post signed a lease agreement for the infrastructure of the Dong Dang cargo transshipment area. The park will integrate logistics services with rail connections to accelerate customs clearance and export processes.
The park is part of Viettel Post’s strategy to expand cross-border logistics services. In March, the company partnered with local authorities in China’s Guangxi Province to establish trade offices and launch cold container transport via rail.
The Lang Son logistics park marks Viettel Post’s latest push to strengthen its role in Vietnam-China trade.
Closing the trading session today, December 6, VTP inched up by 1.14% to VND142,000 per share, with over 900,000 shares traded.
The VN-Index gained 2.61 points, or 0.21%, to close at 1,270.14 on Friday, with 170 winners and 204 losers.
Stock trade dropped by 23.5% in volume and 16% in value over the previous session, with 694.8 million shares worth VND17.66 trillion changing hands. Block deals accounted for 95.3 million shares valued at VND2.3 trillion.
The VN30-Index moved sideways with a marginal 0.02% decline, at 1,337.28 points. There were 17 bluechips advancing and 13 others dipping in the VN30 basket.
Bank stocks were mixed. SHB and TPB dropped more than 1%, while BID gained 1.3% and VCB rose 0.2%. SSI and VIC were the group’s strongest performers, rising 2.4%. SSI was also the most actively traded stock on the southern exchange, with a trading volume of 33.8 million shares.
Securities stocks staged a mixed performance after a strong rally in the previous session. HCM increased 1%, with a trading volume reaching 15.6 million shares. VDS jumped to its daily ceiling price of VND19,900 per share, with over 4.2 million shares traded.
Other securities stocks fell. VND declined by 2.2% to VND13,550 per share on a volume of 9.64 million shares. VIX lost 1.4% to close at VND10,200, with 24.87 million shares traded.
Bank stocks saw subdued performance, with VPB, SHB, and TCB losing around 1% each. All the three recorded trading volumes of over 10 million shares each.
On the Hanoi Stock Exchange, the HNX-Index shed 0.67 point, or 0.29%, to 228.93, with 76 gainers and 82 decliners. There were 62.22 million shares valued at VND1.2 trillion changing hands on the northern exchange.
