Vietnam’s Stocks: PetroVietnam Fertilizer, Tan Cang, Nam Viet
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Vietnam’s VN Index, the benchmark measure of the Ho Chi Minh City Stock Exchange, retreated 0.1 percent to 481.53.
PetroVietnam Fertilizer & Chemical Joint-Stock Co. (DPM VN), Vietnam’s biggest listed fertilizer producer, slumped 5 percent to 38,200 dong. PetroVietnam Finance Co. plans to sell 2 million of shares to cut its holdings in the fertilizer producer to 1.1 percent from the current 1.63 percent, according to a statement on the exchange website.