On the final Friday of June, Việt Nam’s stock market recorded the VN-Index extending its rally to close at the highest level in more than three years, gaining nearly six points to finish at 1,371.04 points.
The establishment of the new branch marks a significant milestone in Hioki’s global expansion strategy and underscores the company’s long-term commitment to Việt Nam’s journey towards achieving net-zero emissions by 2050.
With a population of over 1.8 billion and growing import demand, South Asia is emerging as a promising export market for Vietnamese businesses, delegates said at a seminar in HCM City on June 26.
Despite a strong start in the morning, with blue chips performing well and briefly lifting the VN-Index past 1,370 points, the index lost momentum by the end of the session.
The entry of foreign strategic investors with strong financial capacity and technological advantages has helped Vietnamese pharmaceutical companies significantly enhance their competitiveness and expand export markets.
The VN-Index posted a fairly strong performance during the first half of the morning session, peaking at 1,352.01 points, up 5.2 points, before slipping, then recovering in the afternoon to close in positive territory.
After bottoming out in early April, the benchmark index reclaimed all losses incurred during the tariff-triggered volatility by the end of May. The rebound has buoyed equity funds, restoring previously negative returns to solid profits.
Although tensions in the Middle East persisted, investor confidence improved markedly after the weekend, leading to a broad recovery in Việt Nam’s stock market on Monday, accompanied by a rise in net buying from foreign investors.
Some overseas Vietnamese firms, such as KD Trading, have boldly imported ST25 rice, helping to boost brand awareness in Canada. Việt Nam has now entered the list of the top five rice exporters to the Canadian market.