Ho Chi Minh City is accelerating a project to develop its marine economy into a national hub, focusing on maritime logistics, energy, and marine tourism/urban development. This long-term strategic plan, involving significant coastal expansion, aims for sustainable, international-standard growth and is slated for government submission in 2026.
Foreign investors net bought nearly 570 billion VND on April 8th, reversing a selling streak, amidst an excited market driven by positive geopolitical news and FTSE Russell's official confirmation of Vietnam's market upgrade. This upgrade is anticipated to create a more favorable environment for foreign capital, with HPG being a top net-bought stock by foreigners.
The Vietnamese stock market is experiencing record-low liquidity from both domestic and foreign investors, leading to a slow decline in the VN-Index and narrow fluctuations across most stocks. This reflects a cautious sentiment and a significant lack of confidence among market participants.
The National Assembly is set to approve a draft resolution on April 12 to reduce environmental protection, VAT, and special consumption taxes on gasoline, oil, and jet fuel, with the policy expected to be effective from April 16 to June 30, 2026. This aims to stabilize prices and support businesses amidst global market volatility.