VOV.VN - Vietnam’s stock market rallied sharply on February 23, its first trading day following the nine-day Lunar New Year holiday, with the benchmark VN-Index climbing nearly 2% on strong buying interest across most sectors.
Vietnam's stock market has entered a phase of notable fluctuations following its recent ascent to a historic peak, driven by rising profit-taking pressures.
As Vietnam's stock market moves closer to an emerging market classification, improving the quality of listed companies is becoming a central policy priority, particularly through the presence of high-quality foreign direct investment (FDI) enterprises and stronger Environmental, Social, and Governance (ESG) practices.
The Hanoi Stock Exchange (HNX) has announced that it held 20 government bond auctions on the primary market in April, successfully raising over VND42.42 trillion (about US$1.69 billion).
The Hanoi Stock Exchange (HNX) held 20 auctions of government bonds in July, raising over VND36.5 trillion (over US$1.45 billion).
Foreign investors have been strongly net selling on the domestic stock market, focusing on many blue-chip stocks, putting pressure on the market's sentiment. However, this net selling and capital withdrawal by foreign investors is not yet a worrying trend.
The number of newly opened securities accounts in Vietnam saw a substantial increase last month, reversing the previous decline in April, according to the Vietnam Securities Depository and Clearing Corporation.
The stock market inched higher on February 15 after a week closed due to Tet holiday, buoyed by gains in bank stocks.
The State Treasury has announced that it plans to raise VND400 trillion (over US$16.25 billion) worth of government bonds via auctions on the Hanoi Stock Exchange (HNX) this year.
The total value of corporate bond issuances was recorded at VND42.783 trillion (US$1.86 billion) in the first half, according to data compiled by the Vietnam Bond Market Association (VBMA) from the Hanoi Stock Exchange (HNX) and the State Securities Commission (SSC).