Vietnamese shares advanced for a second day running as hopes for economic stimulation boosted stock purchases but foreign selling still weighed on the market.

Banks in Viet Nam posted solid profit growth and asset quality improvements in 2019, benefitting from the country's robust macro-economic environment, Moody's Investors Service said.

Blue-chip stocks and positive investor sentiment helped the VN-Index gain 6.18 points, or 0.7%, to reach 890.61 points today, March 3, the second straight rise of the southern bourse.

 The number of newly-established firms rose 9.1 per cent to 17,400 in the first two months of this year, according to the General Statistics Office (GSO).

Total State budget collection was estimated at VND214.2 trillion (US$9.31 billion) in the first two months of this year, or 14.2 per cent of the yearly estimate, reported the General Statistics Office on February 29.

Credit institutions have so far supported more than 44,000 COVID-19 affected customers following directions from the State Bank of Viet Nam (SBV), an official reported on Monday.

The successful equitisation and capital divestment of State-owned enterprises (SOEs) would create benefits that boosted the stock market and business performance, experts have said.

Vietnamese shares gained slightly on Monday as previously-hard hit stocks lured purchases amid prolonged foreign net selling on fears about the coronavirus and its economic impact. The benchmark VN-Index on the Ho Chi Minh Stock Exchange edged up 0.25 per cent to close at 884.43 points. More than 206.6 million shares were traded on the...

The People's Committee of Gia Lai Province has published a list of 166 projects that are calling for domestic and foreign investment this year.

The western suburbs of HCM City has seen a rise in popularity among real-estate developers in recent years thanks to their natural environment – which mostly remains untouched – and vast areas of undeveloped land, according to industry experts.