Vietnam’s Stock Market Blazes into 2026: Skyrockets to Historical Highs in Opening Sessions
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The Vietnam stock market began the year on a high note, setting two new historic peaks within the first two trading sessions. The VN-Index, Vietnam’s benchmark stock index, closed at a record-breaking 1,788 points on Monday and escalated a further 1.56% to a fresh peak of 1,816 points on Tuesday. After closing the previous year 40% higher, it now ranks as the tenth best-performing stock index globally.
The Ho Chi Minh Stock Exchange, the basis for the VN-Index, experienced a 6% gain in trading on Tuesday, reaching VND27.45 trillion (US$1.04 billion).
On the other hand, the VN30 basket, which consists of the thirty largest capped stocks, saw 23 stock tickers rising. Leading the way was GAS, a state-owned Petrovietnam Gas, with a 7% increase, closely followed by property titan Vinhomes’ VHM, which climbed 6.9%.
Fuel distributor Petrolimex’s PLX finished 6.7% higher, while MB’s MBB, a lending company, rose by 5.1%.
However, two prominent stocks experienced a decline. Duc Giang Chemicals Group’s DGC dropped 3.8%, while Sacombank’s STB, a lender based in Ho Chi Minh City, fell by 2.1%.
Foreign investors mainly sold off stocks of the private conglomerate Vingroup’s VIC and VHM, resulting in net sales of approximately VND387 billion.
Meanwhile, the HNX-Index for stocks on the Hanoi Stock Exchange, which primarily consists of mid and small-cap stocks, fell by 0.09%. The UPCoM-Index for Unlisted Public Companies Market also experienced a drop, declining by 0.39%.
Questions & Answers
Q.What were the new historic peaks for the Vietnam stock market at the beginning of the year?
What were the new historic peaks for the Vietnam stock market at the beginning of the year?
The VN-Index, Vietnam’s benchmark stock index, closed at a record-breaking 1,788 points on Monday and escalated a further 1.56% to a new peak of 1,816 points on Tuesday.
Q.Which were the top-performing stocks in the VN30 basket?
Which were the top-performing stocks in the VN30 basket?
Leading the way was GAS of state-owned Petrovietnam Gas with a 7% increase, followed closely by property giant Vinhomes’ VHM, which climbed 6.9%.
Q.Which stocks did foreign investors predominantly sell off?
Which stocks did foreign investors predominantly sell off?
Foreign investors mainly sold off stocks of the private conglomerate, Vingroup’s VIC and VHM, resulting in net sales of approximately VND387 billion.
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