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The surge in ocean freight rates is causing significant challenges for exporting businesses. Not only are they facing increased costs, but they're also navigating a minefield of risks and potential contract penalties if deliveries are delayed.

This securities company will dish out a substantial amount of nearly VND 525 billion to pay dividends to its shareholders.

"Vietnam has made initial strides in its energy transition, but to accelerate this progress, it is vital to maximize the utilization of international financial support mechanisms. Alongside this, measures to bolster the confidence of FDI businesses operating in the country are essential to sustain this momentum."

Foreign trading once again stood out as a bright spot, reversing to net buying with a value of VND275 billion across the market, focusing on two banking stocks.

On July 11th, proprietary trading returned to a strong net sell-off of nearly VND 554 billion, while foreign investors net bought more than VND 230.5 billion for the first time after more than a month of dumping stocks.

The Government Office has released a notice regarding the conclusions of Deputy Prime Minister Tran Hong Ha at the meeting of the Task Force for the Long Thanh International Airport Construction Investment Project, Phase 1.

According to experts, investors should consider directing their funds towards banking, retail, construction materials, industrial real estate, and securities stocks as we approach the year-end.

A newly released report predicts that gold prices could soar to an impressive $2,600 per ounce this year and an even more remarkable $3,000 per ounce by 2025.

As of the market close on July 10, 2024, oil prices rose on the back of tight supplies and expectations of robust demand. Gold prices climbed as well, fueled by anticipations of Federal Reserve interest rate cuts. A weaker U.S. dollar propelled copper prices upward. Chinese steel prices, however, hit a three-month low due to lackluster demand from the construction sector. Wheat and soybean prices plunged to their lowest levels in four years, attributed to the promising outlook for U.S. crops. Meanwhile, Robusta coffee prices soared to record highs, while Arabica coffee prices retreated from their highest levels in two and a half years. Japanese rubber prices rose as a result of a weaker Japanese yen.

Mirae Asset predicts that the growth momentum will be less robust, with price action likely to fluctuate within a wider range, leading to a period of consolidation and accumulation.