HCMC – A joint venture between Viglacera Corporation – JSC (HOSE: VGC) and Hanoi Housing Development and Investment Corporation (Handico) plans to start construction on over 1,100 social housing units in Hanoi City in early 2025.
The CT3 project, part of the Kim Chung New Urban Area in Dong Anh District, will deliver 1,104 units by the end of 2025 to accommodate nearly 3,900 people eligible for social housing, Viglacera said.
The Dong Anh District authorities aim to complete land clearance by December 2024. The People’s Committee of Hanoi City is expected to allocate the land by January 2025, paving the way for construction to begin.
Closing the trading session today, December 26, VGC edged down 1.66% to VND44,500, with a trading volume of 913,100 shares.
The VN-Index moved sideways with a slight 0.09% dip, dropping 1.17 points to 1,272.87 points on Thursday, as trading activity declined. The southern exchange saw 187 winners and 226 decliners.
Trading volume and value dropped 27% over the previous session, with more than 595.2 million shares valued at VND13.7 trillion changing hands. Block deals accounted for 93.1 million shares worth VND3.1 trillion.
Banking stocks continued to perform well in the VN30 basket. VIB rose 2.9% to VND19,750, with 21.8 million shares traded, while MBB gained 1.8% to VND24,850, trading nearly 20 million shares, and STB improved 2.3% to VND37,050, with a volume of 16.4 million shares. The VN30-Index also remained flat, adding 0.2 points, or 0.01%, to 1,342.68 points.
YEG plummeted to its floor price of VND21,600, snapping a seven-day winning streak, with 6.6 million shares changing hands.
VIB was the most actively traded stock on the southern market, with a matching volume of over 21.8 million shares.
On the Hanoi Stock Exchange, the HNX-Index inched up 0.09 point, or 0.04%, to close at 229.9, with 81 advancers and 72 decliners. There were 40.6 million shares valued at VND676.5 billion being transacted on the northern market.
