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A PetroVietnam Gas worker operating equipment. The company shares soared more than 4 per cent, boosted by higher gas and oil price in the international market. — Photo pvgas.com.vn HÀ NỘI — The benchmark indices finished higher on Monday, but the VN-Index failed to cross over the key psychological level of 1,400 points level as the rising selling force weighed on the market in the late session. On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index increased 2.83 points, or 0.2 per cent, to 1.395.53 points. The market opened the morning session on a positive note, with bullish sentiment pushing the benchmark to 1,399.97 points. However, the rally was capped by profit-taking activities in the last minutes. The market's breadth was negative as 193 stocks climbed and 245 declined, while the liquidity remained high. Accordingly, more than 795.9 million stocks were traded on the southern bourse, worth over VNĐ23.65 trillion (US$836.8 million). The index's uptrend was mainly …

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Part of Mong Cai city in Quang Ninh province (Photo: baoquangninh.com.vn) Quang Ninh (VNA) – Quang Ninh ’s success in protecting “ green zones ” from the latest COVID-19 outbreak has created an impulse for businesses based in this northeastern province to recover operations and flexibly and safely adapt to the pandemic. Quang Ninh posted an estimated economic growth rate of 8.6 percent in the first nine months of 2021, much higher than the national average, which was mainly driven by the processing and manufacturing industry. The province’s contribution to the State budget topped 33.5 trillion VND (1.47 billion USD), equivalent to 93 percent of the sum collected in the same period last year, while total investment in society approximated 64 trillion VND, up 7.8 percent. Chairman of the provincial People’s Committee Nguyen Tuong Van attributed the achievements to local businesses and entrepreneurs’ proactiveness in implementing various solutions such as …

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Ilustrative photo Investors disappointed During the trading session on 11 October, the VN Index suddenly gained more than 21 points thanks to the green color from bank stocks with an average increase of 3% to 5%. The fact that the banks share price increased again made investors very excited, with the expectation that they would be profitable again after a long time of loss facing, ever since the Covid-19 pandemic broke out. Even investors who did not hold NH stocks were also happy because at the moment only banks can pull VN Index up to 1,400 points. For example, in the 11-10 session, the two banks that contributed the most points to the VN Index were Techcombank (TCB) and Vietinbank (CTG) with 2.09 points and 1.93 points, respectively. However, bank stocks quickly cooled down when they dropped sharply in the following trading sessions to the surprise of investors. Earlier, bank stocks had made investors happy when they increased strongly, but then suddenly turned to …

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