Vietnam Stocks: Vinaship, Petroleum Equipment, Dream House

Shares of the following companies had unusual moves in Vietnam trading. Stock symbols are in parentheses, and prices are as of the 11 a.m. local-time close.

The VN Index, the benchmark measure of the Ho Chi Minh City Stock Exchange, dropped 0.7 percent to 439.63.

Vinaship Joint-Stock Co. (VNA VN), a transporter and provider of logistical services in the northern port city of Haiphong, fell 4.8 percent to 8,000 dong. The company plans to sell its Ha Giang container vessel at a minimum price of $1.5 million, according to a statement on the company’s website. It didn’t give a reason for the sale.

Dream House Investment Corp. (DRH) , which provides construction services, rallied for a second day, climbing 3.6 percent to 5,800 dong. The company will buy back 1.5 million shares from June 24, according to a statement on the exchange website.

Petroleum Equipment Assembly & Metal Structure Joint-Stock Co. (PXS VN), gained for a second day, climbing 1.9 percent to 107,000 dong. The company estimated six-month pretax profit will double to 66.4 billion dong ($3.2 million) from a year earlier, according to a filing on the stock exchange website.

--Nguyen Dieu Tu Uyen. Editor: Matthew Oakley

To contact the reporter on this story: Nguyen Dieu Tu Uyen in Hanoi at uyen1@bloomberg.net

To contact the editor responsible for this story: Darren Boey at dboey@bloomberg.net

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