Tag: FMO funding

Working alongside Ho Chi Minh City's leadership, Deputy Prime Minister Ho Duc Phoc acknowledged the city's vast untapped potential. He emphasized that the Government would provide substantial support to propel Ho Chi Minh City towards becoming a leading international economic and financial hub.

The trading session concluded with the VN-Index dipping 10.69 points (-0.65%), settling at 1,630 points. Likewise, the HNX-Index witnessed a decline of 2.81 points (-0.99%), closing at 282.34 points. The market breadth tilted towards decliners, as 609 stocks closed in the red, while 242 stocks ended in the green. The VN30 basket mirrored this trend, with 19 stocks losing ground against 9 gainers and 2 stocks remaining unchanged.

The VN-Index's upward trajectory stalled as it dipped in the week's final session. This pause is a necessary adjustment, allowing the market to consolidate gains and build a stronger foundation for future growth. However, the mounting selling pressure from foreign investors is a notable concern. If this trend persists, the index may face heightened challenges in the coming periods.