US Tech Stocks Rebound as Vietnam’s TCEX Raises Capital to VND 10 Trillion
Major US stock indexes rose on November 11, led by technology shares. Vietnam’s stock market traded in a narrow range, with the VN-Index edging higher. In Vietnam, VinaCapital-linked shareholders increased their KDH holdings, BETA plans a share offering, and digital asset exchange TCEX has raised its registered capital to VND 10 trillion.
Major US stock indexes rose on November 11. The Dow Jones Industrial Average gained 0.49%, the S&P 500 rose 1.31%, and the Nasdaq Composite climbed 1.6%. Technology stocks were the main driver: the S&P 500 information technology sector rose 2.7%, the best performance among the index’s 11 major sectors. Brent crude closed up 1.39% at $92.76 a barrel, while WTI crude gained 0.57% to $86.53 a barrel.
Technology stocks helped drive a rebound in US shares.（VietVance）
Vietnamese stocks traded mostly within a narrow range on November 11. Investors awaited the first results of the State Bank of Vietnam’s US dollar purchases. At the close, the VN-Index was up 3.83 points, or 0.22%, at 1,746.9.
Shareholders linked to VinaCapital continued to increase their holdings in KDH (Công ty CP Đầu tư và Kinh doanh Nhà Khang Điền). Following an earlier purchase of 12.5 million shares, the group bought a net 3.381 million shares on November 10. After the transaction, it held more than 100.7 million KDH shares, equivalent to 8.09% of the company’s capital.
Công ty CP Chứng khoán BETA plans to offer 40 million shares to existing shareholders at VND 10,000 per share, seeking to raise VND 400 billion. If completed, the offering would increase the company’s registered capital from VND 400 billion to VND 800 billion. Of the planned proceeds, VND 300 billion would fund investment activities, while the remaining VND 100 billion would go toward margin lending and advances against securities sales.
Công ty CP Sàn giao dịch Tài sản mã hóa Techcom (TCEX) completed a capital increase in November, bringing its registered capital to VND 10 trillion. Following the increase, Công ty CP Chứng khoán Kỹ Thương (TCBS) held 11% of TCEX’s registered capital. TCEX said the capital increase, legal documentation and level 4 information security system would help it meet the conditions for joining Vietnam’s digital asset market pilot. The company was established in May 2025 with initial registered capital of VND 3 billion.
Source: VietVance
