* DCM to pay 2021 cash dividend of VND1,800/share in July
* Market wrap: VN-Index drops to nearly one-month low

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Market wrap: VN-Index drops to nearly one-month low

The VN-Index fell 1.3% on Wednesday, dropping to a nearly one-month low as global markets braced for aggressive actions from the US Federal Reserve to tame surging inflation. 

* GVR (-6.9%) plummeted to the daily trading floor and was the top contributor to the day’s loss. 

* Steelmaker HPG (-3.0%) slumped to its lowest price since January 29, 2021. 

* GAS (-1.6%) retreated following its 6.8% gain on Tuesday. Additionally, petroleum distributor PLX (-4.9%) has tumbled 12.6% over the last four trading days. 

* Banks CTG (-3.0%) and MBB (-2.3%) were among the day’s top contributing laggards. 

* On the positive side, MWG (+2.9%) and FPT (+1.6%) have jumped 5.5% and 5.0% in the last two days, respectively.

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