Market

Viet Nam’s benchmark VN-Index fell by 0.66% to 1,749.30 points on October 2.

A business seminar focused on the trade of Vietnamese cashews in the Argentine market was held on October 1 in Buenos Aires.

Vietnamese Ambassador to Austria Vu Le Thai Hoang paid a working visit to the Austrian state of Vorarlberg, one of the country’s most dynamic economic regions with advanced technologies and a growing number of businesses making long-term investments in Viet Nam.

Since the merger, Quang Ngai has gained a much broader development space for its agricultural sector, with a distinctive advantage in its combined marine and forest-based economy. With the aim of expanding the reach of its agricultural products, the province has positioned innovation in agricultural processing and preservation as the “key” to shifting from an agricultural production mindset to an agricultural economy.

Amid fluctuations in global trade, taking advantage of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is opening up more room for Vietnamese businesses to diversify markets and partners and expand exports, thereby strengthening the resilience of supply chains.

As Viet Nam enters a new phase of growth-model transformation, with a focus on improving productivity, added value and competitiveness towards its goal of becoming a developed, high-income country by 2045, the UK business community sees room for bilateral cooperation to expand beyond trade and investment into technology, innovation, human resources and capital market development.

Viet Nam–Laos Product Week, themed “Beautiful Champa Flowers,” opened in Ha Noi on October 1 as part of the “Vitality of Vietnamese Goods” programme, bringing distinctive products from the two countries closer to consumers while creating opportunities for businesses to expand market links.

Viet Nam's stock market had a lacklustre session on October 1, with property and banking stocks coming under selling pressure. The VN-Index fell 19.32 points to close at 1,749.3.

Global gold prices reversed course and fell to 4,156.1 USD per ounce on October 1. In the domestic market, SJC gold bar and ring prices also declined in line with global prices, standing at 143.8 million VND per tael and 143.3 million VND per tael, respectively.

Viet Nam’s benchmark VN-Index fell by 0.51% to 1,768.62 points on September 30.

Global gold prices recovered on September 30 following a sharp decline in the previous session, trading at around 4,175 USD per ounce amid a sharp rise in Treasury yields and a stronger US dollar. In Viet Nam, SJC gold bar prices increased by 1 million VND, with selling prices reaching 143.5 million VND per tael.

Global gold prices continued to fall sharply on September 29, dropping to 4,158.1 USD per ounce as a strong rise in crude oil prices raised concerns over global inflationary pressures. In Viet Nam, SJC gold bar and ring prices also fell sharply, traded at 142.5 million VND per tael and 142 million VND per tael, respectively.

Viet Nam’s benchmark VN-Index fell by 0.17% to 1,777.73 points on September 29.

Viet Nam’s benchmark VN-Index declined by 0.25% to close at 1,780.68 points on September 28. The index finished 4.43 points lower than the previous trading session.

Global gold prices fell sharply on the afternoon of September 28, trading at 4,150 USD per ounce amid rising US Treasury yields, the Fed’s tight interest-rate policy, and concerns over inflation, energy prices and geopolitical tensions. In the domestic market, SJC gold bars “shed” 2 million VND, with selling prices standing at 142.4 million VND per tael.

The official reclassification of Viet Nam’s stock market comes at an opportune time and is considered significant for attracting capital to support growth.

Global gold prices edged down on September 25, trading at 4,249.8 USD per ounce. In Viet Nam, gold prices changed little, with SJC gold bars selling at 144.4 million VND per tael.

Viet Nam’s benchmark VN-Index rose by 0.56% to 1,785.11 points on September 25.

Viet Nam’s fruit and vegetable exports are gaining momentum, with eight-month turnover exceeding 5.8 billion USD, bringing the sector closer to its 10 billion USD target for 2026. To accelerate growth in the final months of the year, alongside ensuring supply, quality and market access, meeting export requirements and procedures will play a decisive role.

The global gold price fell to 4,260.4 USD per ounce on September 24. Domestically, SJC gold bar and ring prices dropped significantly, traded at 144.4 million VND per tael and 143.9 million VND per tael, respectively.