The domestic market paused on the final trading day of the week, having earlier reached yet another record high, buoyed by positive cues from global markets. Noteworthy strength was observed in the capital goods and industrial sectors, bolstered by advancements in both manufacturing and services.
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On Wednesday, 1391 stocks advanced, 2451 declined and 100 remained unchanged, with an advance decline ratio of 0.56 on the Bombay Stock Exchange (BSE), indicating negative closing of stocks in broader markets.
Although the localisation rate of renewable energy in Vietnam ranges from 38 to 45 per cent, it primarily consists of in low-value sectors with modest technological complexity.
There are still issues to be resolved with the recently approved National Power Development Plan 8th (PDP8), namely how to attract and encourage private investors, including green financing from foreign financial institutions, according to the Ministry of Planning and Investment (MPI).