Saturday , November 23 2024

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VN-Index hits 7-session low

VN-Index hits 7-session low

Vietnam’s benchmark VN-Index dropped 2.22% to 997.15 points Friday, lowest since October 26. The index closed 22.66 points lower after losing 3.38 points on Thursday. Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 64% to VND12.91 trillion ($519.19 million). The VN-30 basket, comprising the 30 largest capped …

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5 companies drop out of billion-dollar market cap list

5 companies drop out of billion-dollar market cap list

Five companies have lost their billion-dollar market cap title after their stocks plunged double-digit in October. They are Vietnam Airlines (HVN), SSI Securities Corporation (SSI), Petrovietnam Power Corp (PVN), Vietnam Maritime Bank (MSB) and Power Generation Corp 3 (PGV). MSB was the biggest decliner of the five with 25% of …

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Poor Vietnamese families to get free smartphone

Starting Dec. 12, each family classified as “poor” will be given a smartphone as regulated by the Ministry of Information and Communications. The ministry said that each poor family will be given a smartphone if they have not received one from any other benefactors or charity programs. The program will …

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