News

Vietnam’s benchmark VN-Index unexpectedly recovered on October 26 with support from several blue-chip stocks.

The UPCoM-Index, the measure of 127 unlisted public companies, bucked the trend to close down today after a single day of gain on the lack of supportive news.

Foreigners continued to be net buyers with higher level of participation on both HOSE and HNX bourses today.

Vietnamese stocks rose as bargain hunters picked up stocks on attractive price level, strong blue chip performance supported the market.

Disbursement of foreign direct investment (FDI) in the first 10 months of this year rose by 1% from a year earlier to $9.1 billion, the Investment Department of the General Statistics Office said.

Vietnam consumer price index in October is estimated to have slowed down to 0.36% from September, the lowest level since July 2010, the General Statistics Office said on its website.

People caught illegally trading foreign exchange, gold or exporting gold could be fined as much as 300-500 million dong ($14,320-$23,900), instead of 70 million dong now, a new government decree said.

The UPCoM-Index, the measure of 127 unlisted public companies, bucked trend to close down today after 2 straight days of gains.

Foreigners continued net selling on primary bourse HOSE and turned to be net buyers in HNX bourse on Monday.