Business News

Vietnam’s benchmark VN-Index rose for a third straight session on May 14, closing above the 1,300-point mark for the first time in a month, led by strong gains in banking and brokerage shares. The index ended up 1.16%, or 16.3 points, to 1,309.73 points, with 189 stocks advancing and 122 others declining. Trading volume and value improved 12.6% and 14.4% over the previous session, respectively, with 1.07 billion shares worth VND27.3 trillion changing hands. 

Việt Nam’s stock market opened May on a positive footing, with the VN-Index reclaiming the 1,240-point threshold despite low liquidity and cautious sentiment. The recovery was driven largely by gains in key large-cap stocks, particularly those under the Vingroup ecosystem. The session on May 5 also marked the first trading day operating under the new KRX system, aimed at modernising Việt Nam’s market infrastructure.

As of April 28, a total of 685 listed companies, representing 40 per cent of market capitalisation across Việt Nam’s three stock exchanges, had released their first-quarter financial results, revealing a broad-based surge in profits. According to statistics from Yuanta, market-wide revenue and post-tax profit rose by approximately 20.1 per cent and 50.8 per cent year-on-year, respectively, buoyed by the low comparative base of 2024.

Việt Nam’s stock market continued its upward trend on Thursday, largely supported by strong performances from Vingroup stocks, helping the VN-Index break through the 1,220-point mark. Market liquidity dipped slightly, while foreign investors showed signs of bottom-fishing across key blue-chip counters. The morning’s sluggish and range-bound trading persisted briefly into the early afternoon session, before giving way to a strong rally.

Vietnam’s stock market is expected to reach a major milestone in 2025 with a likely upgrade to emerging market status, opening the door to global capital and boosting sustainable economic growth. Upgrading the stock market from frontier to emerging status has been a strategic priority for the Vietnamese government for years. If achieved, the upgrade would make Vietnam a key destination for major global investment funds.

Stronger demand for blue-chip stocks led to a market rebound, with the VN-Index adding seven points today, April 17, said local media reports. The Hochiminh Stock Exchange saw 261 stocks gaining and 174 others losing. The VN-Index edged up by 6.95 points, or 0.57%, against the previous day to 1,217.25. More than 807.7 million shares worth VND21.6 trillion were transacted on the market, slightly down by volume yet up by 11% by value compared to the previous session.

Việt Nam’s stock market surged at the opening bell on Thursday, with the VN-Index leaping more than 71 points as investors cheered the latest announcement from US President Donald Trump, who declared an immediate 90-day delay and reduction of proposed tariffs on multiple countries, including Việt Nam. As of 9:20am, the VN-Index had gained over 72 points, marking a 6.5 per cent increase.

Vietnamese banks expect non-performing loans (NPLs) to fall and interest rates to remain stable in the second quarter of the year. A survey on business sentiment by the Department of Forecasting, Statistics and Monetary and Financial Stabilization at the State Bank of Vietnam (SBV) found that NPLs declined in January-March and are forecast to drop further in the next three months.