Vietnam small-cap stocks sell like hot cakes
Small-cap stocks posted an impressive performance on Wednesday as the VNSML-Index expanded by 1.04%, compared to the respective 0.58% and 0.14% gains made by large- and mid-cap groups.
A series of small caps, especially those in the real estate and securities industries, hit their ceiling prices, including APS of Asia-Pacific Securities, ORS of Tien Phong Securities, BMS of Bao Minh Securities, HPX of Hai Phat Invest, BCG of Bamboo Capital Group, NHA of Hanoi South Housing and Urban Development Corporation, and TDC of Binh Duong Trade And Development JSC.
Stock market watchers at a Vietcombank Securities office. Photo courtesy of Vietnam Finance magazine.
The rally among small caps and an at-the-close recovery of blue chips helped the VN-Index, which represents the Ho Chi Minh Stock Exchange (HoSE), increase by 2.41 points, or 0.22%, to 1,080.86.
The major bourse saw 250 tickers rising, including 17 hitting their ceiling prices, and 128 losing value. Nearly 794 million shares were traded for over VND12.8 trillion ($545.6 million), a drop of VND730 billion from the previous session.
The VN30 index, which tracks the performance of the 30 largest-cap stocks, went up 1.49 points to 1,089.83, with 15 gainers and 10 losers.
The real estate group had a good trading day, with VHM of Vinhomes up 2.35%, KBC of Kinhbac City Development Holding Corp. 3.56%, NLG of Nam Long Group 2.6%, DIG of DIG Corp. 4.03%, PDR of Phat Dat Real Estate Development Corp. 1.9%, and DXG of Dat Xanh Group 2.24%.
Divergence was seen in some groups like manufacturing, energy, aviation and retail. Red covered a few stocks, notably VIC of Vietnam’s biggest conglomerate Vingroup, losing 2.29%.
Foreign investors turned net buyers on the HoSE after two net-selling sessions to the tune of VND188 billion ($8 million).
They mainly net purchased HPG of steel giant Hoa Phat, VHM, CTG of Vietinbank, NLG and VRE of Vincom Retail. Meanwhile, the highest net sales were of STB of Sacombank, VNM of Vinamilk, BID of BIDV bank, and PNJ of Phu Nhuan Jewelry.
The HNX-Index on the Hanoi bourse rose 1.85 points to 212.58, while the UpCOM-Index on the unlisted public company market increased 0.15 points to 77.74.
- Related News
- Read More
Petrovietnam's assets top $44.8 bln in 2025, profit jumps 39%
Petrovietnam ended 2025 with total assets exceeding VND1,178 trillion ($44.8 billion), up nearly VND100 trillion ($3.8 billion) from a year earlier, while reporting a 39% increase in net profit and maintaining one of the country's largest cash positions.
Companies - Wed, June 17, 2026 | 8:00 am GMT+7
Coteccons dismisses concerns over executive departure, competition from Vingroup's arm
Vietnam's leading contractor Coteccons (HoSE: CTD) said a recent change in senior management was unrelated to the company's share price performance, as executives highlighted record order backlog and accelerating earnings growth amid a recovery in Vietnam's construction industry.
Companies - Tue, June 16, 2026 | 5:26 pm GMT+7
VinaCapital lists 2 strategic ETFs as Vietnam fund market broadens
Vietnam’s leading investment management firm VinaCapital has listed two strategic exchange-traded funds (ETFs) on the Ho Chi Minh City Stock Exchange, expanding investment options for investors seeking targeted exposure to Vietnam's long-term economic growth themes.
Finance - Tue, June 16, 2026 | 4:39 pm GMT+7
Oil & gas industry gives Vietnam edge in offshore wind supply chain: Global Wind Energy Council CEO
Vietnam is well positioned to play a significant role in the offshore wind power supply chain thanks to its established manufacturing base and expertise developed through its oil & gas industry and existing wind power projects, according to Ben Backwell, CEO of the Global Wind Energy Council (GWEC).
Energy - Tue, June 16, 2026 | 4:31 pm GMT+7
Vietnam banking, retail, oil stocks well placed for market recovery: brokerages
Vietnamese banking, retail and oil-gas stocks are among the sectors best positioned to benefit from a potential market recovery after months of pressure from geopolitical tensions and macroeconomic headwinds, according to local brokerages.
Finance - Tue, June 16, 2026 | 1:04 pm GMT+7
Petrovietnam, Huawei discuss cooperation in digital transformation, AI, energy technologies
State-owned Petrovietnam and China's Huawei Technologies discussed potential cooperation in digital transformation, artificial intelligence and digital energy infrastructure during a meeting last week, as the Vietnamese giant seeks to modernize its operations and expand into new energy sectors.
Companies - Tue, June 16, 2026 | 12:20 pm GMT+7
Over 38% of Vietnamese businesses still face informal costs despite reforms: survey
More than 38% of businesses in Vietnam still pay informal charges, highlighting persistent gaps between regulatory reforms and their implementation, according to a survey by the Vietnam Chamber of Commerce and Industry (VCCI).
Economy - Tue, June 16, 2026 | 11:26 am GMT+7
China ready to expand railway, power connectivity with Vietnam: PM
China is prepared to strengthen railway cooperation and enhance power grid connectivity with Vietnam, thereby expanding logistics corridors, trade links, and energy cooperation, said Chinese Premier Li Qiang during a phone talk with his Vietnamese counterpart Le Minh Hung on Monday.
Economy - Tue, June 16, 2026 | 8:52 am GMT+7
VN-Index approaches 1,800-point mark as easing Middle East tensions lift sentiment
Vietnam's benchmark VN-Index edged closer to the 1,800-point threshold on Monday as improving sentiment over easing tensions in the Middle East boosted risk appetite, driving gains in brokerage stocks while oil and Vingroup-related stocks weighed on the market.
Finance - Mon, June 15, 2026 | 8:34 pm GMT+7
Japanese products dominate Vietnamese consumer trust, but younger shoppers rewriting rules
Japanese products continue to enjoy the highest level of trust among Vietnamese consumers, reinforcing the country’s position as the benchmark for quality and reliability in one of Southeast Asia’s fastest-growing consumer markets, according to a new survey by market research firm Q&Me.
Economy - Mon, June 15, 2026 | 6:48 pm GMT+7
VinEnergo ramps up renewable energy push with 4 new subsidiaries
VinEnergo, the energy arm of Vietnamese conglomerate Vingroup, has accelerated its expansion into the power sector, establishing four new subsidiaries within a week as it builds a growing portfolio of renewable energy and infrastructure projects across Vietnam.
Companies - Mon, June 15, 2026 | 4:52 pm GMT+7
Thaco deepens ties with Hyundai Rotem to localize railway manufacturing in Vietnam
Vietnamese conglomerate Thaco and South Korea’s Hyundai Rotem have signed a detailed technology transfer and localization agreement for railway rolling stock production.
Industries - Mon, June 15, 2026 | 4:01 pm GMT+7
UOB Vietnam appoints Pham Hong Hai as deputy country CEO
Singapore's United Overseas Bank (Vietnam) Limited on Monday appointed Pham Hong Hai, former CEO of HSBC Vietnam and later Vietnamese bank OCB, as deputy country CEO, effective immediately.
Banking - Mon, June 15, 2026 | 2:26 pm GMT+7
Shinhan Bank Vietnam launches AI translation desk, strengthening customer experience, digital innovation
Shinhan Bank Vietnam has officially launched AI Translation Desk, an AI-powered interpretation solution designed to help foreign customers communicate more easily while using banking services in Vietnam.
Banking - Mon, June 15, 2026 | 12:03 pm GMT+7
FDI listings a missing piece in Vietnam's stock market development
As Vietnam's stock market moves closer to its long-awaited upgrade to secondary emerging market status and seeks to attract higher-quality capital, allowing more foreign-invested companies to list on domestic exchanges could broaden the pool of investable assets and support the next phase of capital market development.
Finance - Mon, June 15, 2026 | 11:14 am GMT+7
Chinese robot 'eyes' manufacturer builds 10-hectare factory in northern Vietnam
Orbbec Inc., a Chinese company specializing in 3D vision sensors and robotic hardware, is building an over-10-hectare manufacturing center in the northern province of Bac Ninh to serve international markets.
Industries - Mon, June 15, 2026 | 8:00 am GMT+7
