The VN Index (VNINDEX), the benchmark measure of the Ho Chi Minh City Stock Exchange, rose 0.6 percent to 475.52, its third day of gains. The gauge is headed for its highest close since May 13.
Ben Thanh Rubber Joint-Stock Co. (BRC) , a manufacturer of industrial rubber products, advanced 4.5 percent to 11,700 dong. Vietnam Rubber Group raised its stake in Ben Thanh to 15.4 percent from 14 percent, according to a statement on the stock exchange’s website.
Mekong Fisheries Joint-Stock Co. (AAM) , a seafood company, rose 2.3 percent to 27,200 dong, bound for its highest close since Aug. 11, 2010. The company will pay a dividend of 1,200 dong a share on May 30, it said in a statement.