VN-INDEX JUMPS OVER 70 POINTS AS STOCKS HIT CEILING ON TAX RELIEF NEWS

The stock market opened sharply higher on Thursday morning following news that US President Donald Trump had postponed and lowered proposed tariffs on Việt Nam, fuelling a surge of investor optimism and widespread ceiling gains.

The stock market rebounded strongly following news that President Donald Trump announced a 90-day delay in imposing tariffs on several countries, including Việt Nam, and reduced the tariff rate to 10 per cent. — VNA/VNS Photo

HÀ NỘI — 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. On the Hồ Chí Minh Stock Exchange (HoSE), a total of 440 stocks rose, with an astounding 302 hitting their daily ceiling. In stark contrast, only three stocks traded in the red.

The VN30 Index, which tracks the 30 most valuable stocks on the southern bourse, was awash in “limit-up” purple — all 30 stocks hit their ceiling price, with no sellers in sight as investors scrambled to place buy orders at maximum prices.

Among the VN30 stocks, SHB drew the strongest interest, with nearly 15.5 million shares traded in just the first few minutes of the session.

Market sentiment turned decidedly positive following the unexpected announcement by President Trump, who stated that planned tariffs on certain countries — including Việt Nam — would be delayed for 90 days and reduced to 10 per cent, effective immediately.

Meanwhile, Trump also confirmed a significant escalation of trade pressure on China, with tariffs on Chinese goods set to increase to 125 per cent. — VNS

Source: VNS

Related News

INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT

VIETNAM EXPANDS INLAND CONTAINER DEPOT NETWORK TO 19

The two newly added ICDs are Cai Mep in HCMC and Tan Cang-Moc Bai (phase one) in Tay Ninh Province. Cai Mep ICD, located in Cai Mep Industrial Park in Tan Phuoc Ward, HCMC and developed by Cai Mep International Logistics JSC, covers 9.15 hectares and has an annual handling capacity of about 133,000 TEUs, according to the Government news site (baochinhphu.vn).

Apr 09, 2026

BANKING / FINANCE / INSURANCE / TAX

HCMC CREDIT UP 1.5% IN Q1

Outstanding loans in the city reached an estimated VND5.28 quadrillion, up 0.77% from the previous month and 16.25% year-on-year, data from the State Bank of Vietnam’s Regional Branch 2 showed. Vietnam dong loans accounted for 96.1% of total credit and rose 1.46% from the end of 2025. Medium- and long-term lending made up 55% of total outstanding loans and increased 3.22%.

Apr 09, 2026

VIETNAM ECONOMY INVESTMENT

HCMC TO ESTABLISH CULTURAL INDUSTRY DEVELOPMENT FUND

The HCMC People’s Committee has tasked relevant departments with establishing a cultural industry development fund and developing a 150-hectare film studio complex. The move follows an instruction by HCMC Party Committee Secretary Tran Luu Quang. The city’s cultural industry development fund will be structured under a venture capital model.

Apr 09, 2026

HR / LABOUR/ EMPLOYMENT

EMPLOYEES’ AVERAGE INCOME INCREASES

Average monthly income of workers in the first quarter reached VND9 million, up 3.8% from the previous quarter and 8.5% from a year earlier, according to the National Statistics Office. Male workers earned an average of VND10.1 million per month, compared with VND7.7 million for female workers. In urban areas, average income reached VND10.7 million per month, while in rural areas it was VND7.9 million.

Apr 09, 2026

INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT

HCMC KICKS OFF OVER 10 PROJECTS DURING APRIL

Work will start on major projects in transportation, urban development and logistics sectors in HCMC this month, coinciding with Vietnam’s Reunification Day, April 30. They include the N3 ramp at the An Phu interchange with an investment of VND3.4 trillion and the 1.69-hectare Tan Chanh Hiep Park. In addition to these, seven other projects are slated to break ground within the month, including the Ho Tram – Long Thanh airport urban expressway, the Nha Rong – Khanh Hoi port area and the Ho Chi Minh Museum expansion.

Apr 09, 2026

HOSPITALITY / TOURISM / ENTERTAINMENT

VIETNAM’S Q1 FOREIGN TOURIST ARRIVALS HIT RECORD HIGH

Vietnam welcomed nearly 2.1 million international visitors in March, bringing first quarter foreign tourist arrivals to 6.76 million, up 12.4% year-on-year and marking a record high for the period, the national authority for tourism said. Air travel accounted for 82.3% of international arrivals, followed by land at 15.5% and sea at 2.2%, according to the Vietnam National Authority of Tourism.

Apr 09, 2026