Tag: living trends

The VN-Index witnessed a significant decline during the week's final session, bringing an end to its four-week streak of consecutive gains. The index's repeated tests of the old March 2025 peak (equivalent to the 1,320-1,340 range) indicate a crucial resistance level that the VN-Index must surpass to sustain its upward trajectory. Erratic trading volume fluctuations around the 20-day average reflect investors' unstable sentiment. Moreover, consistent selling pressure from foreign investors has further intensified the burden on the VN-Index. Should this trend persist, the likelihood of a corrective phase looms large.

The Hanoi Stock Exchange-listed CEO Group Joint Stock Corporation (HNX: CEO) has approved adjustments to its plan for utilizing the roughly VND 2.6 trillion ($112.1 million) raised through its 2022 equity offering to bolster its charter capital.

Licensing multiple gold bar manufacturers under clear criteria, akin to Singapore's model, and controlling gold imports with taxes, similar to India's approach, are potential strategies to regulate the gold market.