Today: 28 April 2026
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HOSE:SSI 27 September 2025 - 7 March 2026

Ho Chi Minh Stock Exchange Last Week: VN-Index Sinks Below 1,800 in Broad Selloff

Ho Chi Minh Stock Exchange Last Week: VN-Index Sinks Below 1,800 in Broad Selloff

Vietnam’s VN-Index fell nearly 6% to 1,767.84 for the week ending March 6, with a 2.25% drop on Friday. Foreign investors sold a net 1.306 trillion dong on HoSE, hitting large caps like FPT and VIC. The selloff followed global market declines after Middle East conflict pushed oil higher. Despite the slide, foreign direct investment rose 8.8% to $3.21 billion in early 2026.
Vietnam’s Crypto Gold Rush: Binance, Bybit & Korean Custodian BDACS Supercharge Da Nang’s Digital Finance Hub

Vietnam’s Crypto Gold Rush: Binance, Bybit & Korean Custodian BDACS Supercharge Da Nang’s Digital Finance Hub

Vietnam is building an International Financial Center in Da Nang and has invited Binance and Bybit to help launch a regulated crypto exchange. Deputy PM Nguyen Hoa Binh met Binance and Bybit CEOs in September 2025, urging Binance to open a local HQ. A new five-year pilot requires all digital assets to be backed by real assets and issued by Vietnamese firms. Major banks and tech companies are preparing to launch crypto exchanges under the new rules.

Stock Market Today

  • Chinese Robot Maker Shenzhen Inovance Files for Hong Kong IPO
    April 28, 2026, 9:16 AM EDT. Chinese industrial robot maker Shenzhen Inovance Technology has filed for an initial public offering (IPO) in Hong Kong, aiming to tap international investors. Founded in 2003 and listed on the Shenzhen Stock Exchange since 2010, Inovance boasts a market capitalization of about US$25.6 billion. The company reported 2023 revenue of 45 billion yuan, up 21.8%, and net profit of 5.05 billion yuan, a near 18% increase. Inovance plans to raise around US$2 billion through the Hong Kong listing to support its global expansion and diversify financing. Last September, it spun off Inovance Automotive, raising 3.6 billion yuan to develop electric vehicle components and drive systems. The move underscores Inovance's strategy to cement itself as a high-end automation and industrial equipment service provider.

Latest article

UAE Leaves OPEC: The May 1 Move That Could Rewire Oil Prices and Saudi Influence

UAE Leaves OPEC: The May 1 Move That Could Rewire Oil Prices and Saudi Influence

28 April 2026
The United Arab Emirates will exit OPEC and OPEC+ on May 1, ending nearly 60 years of membership, according to the UAE Energy Ministry. The move comes amid a Middle East supply shock, with Brent crude rising to $112.16 a barrel as the Strait of Hormuz remains largely closed. Abu Dhabi plans to gradually increase production after the split. The decision was not coordinated with other countries.
GM Earnings Beat: Profit Forecast Rises After $500 Million Tariff Break

GM Earnings Beat: Profit Forecast Rises After $500 Million Tariff Break

28 April 2026
General Motors raised its 2026 profit forecast Tuesday after a $500 million tariff adjustment and stronger-than-expected first-quarter results. GM reported Q1 revenue of $43.6 billion, net income of $2.6 billion, and adjusted EBIT of $4.3 billion. Adjusted earnings per share rose 33% to $3.70, beating analyst estimates. Shares climbed about 5% in premarket trading.
Fake Heavy-Equipment Websites Put BBB Trust Push to the Test After Buyers Lose $107,600

Fake Heavy-Equipment Websites Put BBB Trust Push to the Test After Buyers Lose $107,600

28 April 2026
Three buyers lost $107,600 after wiring funds to Digron Machinery Depot, a Sioux Falls-linked site flagged by the Better Business Bureau for fake heavy-equipment sales. Another scam used the name and address of Milton Brothers Implement in Nebraska, which has no website and is not involved. No financial victims have been identified in the Nebraska case. Authorities in both states have been notified.
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